Economic data whack-a-mole, light volume, and Roaring Kitty – Stock Market Analysis for June 07, 2024

Welcome back everyone to Stock Market Weekly Episode #735 for Friday, June 07, 2024 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.

As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.

In this week’s episode:

  • New lightest volume week of the year
  • May jobs number unusually strong
  • Rates spike higher on stronger economy
  • Roaring kitty is back! 600K on the livestream
  • Gold craters on the back of Dollars & yields move
  • NVIDIA stock split on deck

Markets covered: GLD SLV IBIT

Stocks covered: GME NVDA

We hope that you enjoyed this week’s episode!

Thanks to our sponsor Investor’s Business Daily for allowing us to showcase some of their stocks and data tables in this video. To get access to IBD’s stock lists and complete Industry Rankings, sign up here.

Don't miss out on future Stock Market Weekly videos

Please enter your name.
Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Suggested Links

Leave a Comment