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2020 - June 26, Stock Market Recap - MasterChartsTrading

6/26/2020

•Stocks end week slightly down, but trading next to records – SPX, Dow Jones

•NASDAQ made another all-time high before pulling back – QQQ

•Communication Services pull back strongly lead by Facebook, Twitter & Google – XLC, FB, GOOGL

•How to reverse your thinking to short stocks? – Boeing, AMC Entertainment

•Junk debt approaches important support level – JNK, HYG

•Treasuries move higher on perceived increased fear – TLT

•Natural gas collapses to 20+ year lows – NGAS, NG_F

•Dollar index still at resistance

•EURUSD recent trade good for 147 pips gain

•Gold continues to multi-year highs and approaches all-time highs – XAUUSD

•Stopped out of bitcoin trade, but trend seems still up – BTCUSD

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2020 - June 19, Stock Market Recap - MasterChartsTrading

6/19/2020

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•S&P 500 gains slightly for the week. Overall stocks are bullish – SPY, DIA

•NASDAQ is approaching records. Record highs are not made in bear markets

•Technology sector next to records. Biotech closes at new records – XLK, XBI

•Recent trade examples: PayPal, Tesla, Ovid Therapeutics – PYPL, TSLA, OVID

•Junk debt shows bullish bias for stocks – JNK, HYG

•Treasury bonds are a buying opportunity right now – TLT

•Oil up over 49% since recent alert – USO

•Dollar at resistance as, gold again approaches multi-year records – DXY, GLD

•Bitcoin somewhat indecisive, but the trend is up – BTCUSD

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