Monday, June 5, 2023

6/6/23. Tuesday Morning Finspiration Report.

 Commodities and stocks both pulled back last night.

U.S. Indices.


Dow Jones -0.59%.  SP500 -0.2%.  Nasdaq -0.09%.  Mid Caps -1.09%. Small Caps -2.03%.  Banks -1.11%.

SP500



SP500 remains in a strong up-trend.  Last night's candle looks lie a pause after two strong days to the upside.  We could see a pull-back to the top of the 30 May candle.

Commodities.


Commodities Index -0.26%.  Energy -0.1%.  Back Metals -0.22%.  Agriculture -0.14%.  Gold +0.6%.

After 30 minutes of trading this morning, XJO is down -0.7%.

Discretionary and Staples sectors are the worst - probably fretting about the RBA's interest rate decision coming out at 2.30 p.m.




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