Today’s market has lowered with some earnings disappointments. June contracts on the Nasdaq dropped at least .4% after China’s antitrust crackdown weighed on Asian tech shares. Twitter plunged 12% in premarket today after guidelines for the next quarter revenue ended up below expectations. The 10 year treasury, which has risen a point this morning, is still in line for the biggest monthly decline since July.
On a positive note, the US economy has surged after a string of positive data including the GDP having reached the estimated 6.4%. This coupled with the Fed’s dovish resolve has encouraged traders to stay bullish on stocks despite concern about high valuations.
Tune in to hear what's moving Friday's market and where to trade to end up in green.
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