News:
Markets will be working on limited hours this week. Today, markets will close early ahead of the holiday.
The closing bell is scheduled to ring at 1 PM.
Looking back on Friday, markets rocketed higher.
The major indexes ended the session sharply higher…
- Dow Jones +0.8%
- Nasdaq +1.5%
- S&P 500 +1.2%
- Russell 2000 +0.4%
Sector Round Up
All 11 sectors ended the session with gains…
At the top…
- Technology (XLK) +1.6%
- Consumer Discretionary (XLY) +1.3%
- Utilities (XLU) +1.1%
At the bottom…
- Industrials (XLI) +0.9%
- Energy (XLE) +0.6%
- Real Estate (XLRE) +0.5%
Technicals:
The VIX remains too low for the bears to even consider an offensive…
We’ll keep it short … This charts look bullish.
Here’s your latest readout…
- RSI levels are all neutral
- The Put-to-Call Ratio is neutral
Timing:
Today is a short day, and tomorrow the markets are closed for Independence Day.
Then for the remaining three days of the week, the markets will work to find their July direction.
Watchlist:
*Low Float
^Open Position
*NREV support at $8
*RMTI support at $5
GASS support at $4
TALS support at $3
AVDL support at $50
^CIFR resistance at $3
CLBT support at $7
^OSTK on watch
TDW support at $50
ARLO support at $10
PDCO support at $33
MRNS support at $10, resistance at $11
Secondary watchlist—float 100+ million
RDFN support at $12
MARA support at $12 / $13
ATOS support at $1
ENVX support at $16
GOL support at $5
^IONQ support at $11.50
ABCM support at $24
OPK support at $2
OPEN on watch
XPEV support at $12