You have probably heard the expression the devil is in the details. Well the situation in Europe has yet to be clarified. Let's see what happens when the details come out. At the moment the markets are reacting positively to this quasi arrangement in Europe, Our opinion is the devil is in the details and it's too early to tell even looking at the markets.
Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 29th of June.
TODAY’S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500
CONSUMER: +2.10% Biggest Winner STZ +23.77%
SERVICES: +1.93% Biggest Winner RCL +4.65%
HEALTHCARE: +2.05% Biggest Winner VRTX +6.77%
ENERGY: +2.07% Biggest Winner CIE +6.80%
TECHNOLOGY: +3.09% Biggest Winner TIBX +9.51%
FINANCIAL: +1.95% Biggest Winner PLD +4.57%
INDUSTRIAL: +3.14% Biggest Winner PHM +5.77%
MATERIALS: +2.74% Biggest Winner TAHO +14.06%
UTILITIES: +0.37% Biggest Winner NKA +3.84%
Now, let’s analyze the major markets using MarketClub’s Trade Triangle Technology.
