“Woke is Broke”, NASDAQ Marks Another Record High

“Woke is Broke”, NASDAQ Marks Another Record High

#woke #broke #joke #NASDAQ #NYSE #Bullish #PresidentTrump #OldWhiteGuy #JoeBiden

#DIA $SPY $QQQ $RUTX #VXX

Experts are saying the NAS Comp will fall, just not now!

Democrats are attacking President Trump on social injustice issues that have simmered for decades, and then went ahead and picked “the Old White Guy who has been in Washington for 5 decades,” according White House senior counselor Kellyanne Conway

“Twenty five other people in the so-called ‘woke’ Democratic Party wanted to be the nominee; they lost to him, because woke is broke, woke is a joke,” Ms. Conway said referring to presumptive Democratic Presidential nominee Joe Biden.

Closing Summary: Thursday the NAS Comp closed Strong in mixed session for the market. The S&P 500 lost 0.6%. Continued strength in the mega-cap tech stocks helped the benchmark index overcome an early 1.7% decliner. The NAS Comp, powered by these names, rose 0.5% to close at another record high. 

Thursday, the major US stock market indexes finished at: DJIA -361.19 to 25706.09, NAS Comp +55.25 at 10547.75, S&P 500 -17.89 to 3152.05

Volume: Trade on the NYSE came in at 972-M/shares exchanged

  • NAS Comp +17.6% YTD
  • S&P 500 -2.4% YTD
  • DJIA -9.9% YTD
  • Russell 2000 -16.2% YTD

HeffX-LTN’s overall technical outlook for the major US stock market indexes is Bullish with Very Bullish bias in here, as Key indicators are flashing Bright Green

Looking Ahead: Investors will receive the Producer Price Index (PPI) for June Friday.

Have a healthy day, Keep the Faith!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.