Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 7th of June.
DailyXchange
Post and prosper right here with other MarketClub members everyday. Are you following our #1 trading rule?
Here it is ... #1 DON'T FIGHT THE MARKET … MOVE WITH THE MARKET
2 Stocks on the Move Today:LULULEMON ATHLETICA (LULU) and SOUTHWEST AIRLINES (LUV)
TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500
| CONSUMER GOODS: +0.21% | Biggest Winner GMCR +4.91% |
| SERVICES: +0.27% | Biggest Winner ULTA +6.45% |
| HEALTHCARE: -0.07% | Biggest Loser VRTX -3.20% |
| ENERGY: +0.61% | Biggest Winner CHK +5.14% |
| TECHNOLOGY: +1.04% | Biggest Winner IRM +11.83% |
| FINANCIAL: +0.72% | Biggest Winner MS +6.43% |
| INDUSTRIAL GOODS: +0.84% | Biggest Winner TEX +9.03% |
| BASIC MATERIALS: +0.70% | Biggest Winner SLCA +7.33% |
| UTILITIES: -0.46% | Biggest Loser AMID -7.42% |
Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology. Click Here to view today's video
Bloomburg wants to cut the size of soft drinks in New York..Is he going to out law "refills" too ?Dosn't make sense for the Gov't to start telling people what they can and can't eat or drink..I think maybe they will have to do like they did with cigarettes..Put a high enoughTAX on it so people won't afford to drink the stuff..
I think Euro is a marketing platform for Germany. Euro cannot be substitute to US $ or gold. If Eurozone doeos not break, or PIIGS do not leave it situation will worsen and political relations within European countries will worsen. You cannot think about war these days.
China Cut Their Rates for First Time Since '08 & we all know what happened in 2008, right? As the momentum driven-v-trades ramped markets I placed Armageddon
Most people believe that the only two certainties in this world are death and taxes. That is only partially correct. There are two other certainties: 1) the U.S. dollar will lose value and 2) the price of gold will increase.