Stock Market Analysis Latest – Fed remains hawkish as NDX climbs +38% YTD – June 16, 2023

Welcome back everyone to Stock Market Weekly Episode #686 for Friday, June 16, 2023 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:

• Nasdsaq 100 up 38% YTD
• Fed maintains hawkish stance
• Dollar rollover picking up steam
• Gold consolidation continues

Markets covered: USO GLD UUP

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 data tables in this video. To get access to IBD’s complete Industry Ranks list, sign up here.