Market Summary
| Index | Value | Change | Percentage |
|---|---|---|---|
| Dow | 29,888.78 | 62.46 | -0.13 |
| S&P 500 | 3,674.84 | 8.07 | -0.22 |
| Nasdaq | 10,789.35 | 152.25 | 1.43 |
| Russel 2K | 1,665.69 | 15.86 | 0.96 |
| VIX | 27.23 | -1.82 | -6.27 |
As predicted market ended up closing green - somewhat!. Nasdaq which had taken the worst beating yesterday went up the highest. However, after a brutal day yesterday, one should expect a very green day - that was not the case. DJI essentially closed flat while S&P marginally up. I follow VLO which had a nice run and dropped a bit in the past few weeks.
Crypto currency is certainly experiencing crypto winter. ETH, BTC is down 50 percent or above from their all time highs. The Cryptos I follow are the following -
- ETH
- ADAUS
- Doge
I am hopeful ETH will have nice bounce back around September of this year.
Predictions : I think Tuesday 6/21/2022 (6/20/2022 market closed) will be a very green day. With Nasdaq up at least 2 percent.
News : Possibility of Ukraine joining Nato.
Strategy : Look for short term gains; hold on to the long term securities. Same as before, add crypto into the mix for long term holdings.
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