Tuesday, June 20, 2023

21/6/23 Wednesday Morning Finspiration Report.

 U.S. markets finish lower.


Dow Jones -0.72%.  SP500 -0.47%.  Nasdaq +0.16%.  Mid Caps -0.73%.  Small Caps -0.43%.  Banks -1.01%.

SP500.


SP500 gapped down at the opening suggesting this rally is over.

Intra-day buying kept losses fairly low.  

Any further pull-back should be an opportunity to buy-the-dip.

Commodities.

Commodities Index -0.89%.  Energy -1.25%.  Base Metals -1.78%.  Agriculture -0.41$.  Gold -1.04%.

Gold broke down from its recent consolidation - more down-side looks likely.

Plenty of intra-day buying occurred in Energy - it remains in a sideways consolidation.

In early trading this morning, XJO is down -0.2%.  Resources are affected most with the big miners all down.

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