Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 18th of June.
While the eyes of the world were glued to the Greek elections, another election took place halfway across the world in Egypt. The outcome of that election could have far greater consequences to Western society than a little country in southern Europe.
I am, of course, talking about the potential for war between the Muslims and the Jews over Israel. This would not be a good thing for anyone. At no time in my career have I seen so many conflicting elements around the world, all of which portend to big changes in the markets.
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3 STOCKS ON THE MOVE TODAY:
The following stocks had monthly buy signals based on our Trade Triangle Technology and liquid volume of over two million shares traded daily.
JOHNSON & JOHNSON (JNJ),UNION PACIFIC (UNP),and PAYCHEX (PAYX).
TODAY’S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500
CONSUMER GOODS: +0.02% Biggest Winner PAY +5.70%
SERVICES: +0.27% Biggest Winner EBAY +3.49%
HEALTHCARE: +0.48% Biggest Winner ARNA +9.00%
ENERGY: -1.56% Biggest Loser SM -4.85%
TECHNOLOGY: +0.11% Biggest Winner GRPN +8.00%
FINANCIAL: -0.05% Biggest Loser PRU -2.37%
INDUSTRIAL GOODS: -0.11% Biggest Loser TGI -3.76%
BASIC MATERIALS: -0.03% Biggest Loser MDR -3.25%
UTILITIES: -0.27% Biggest Loser GRH -5.35%
