Market Summary
Index | Value | Change | Percentage |
---|---|---|---|
Dow | 31,288.26 | -192.51 | -0.62 |
S&P 500 | 3,863.16 | 72.78 | 1.92 |
Nasdaq | 11,452.42 | 201.24 | 1.79 |
Russel 2K | 1,744.37 | 36.87 | 2.16 |
VIX | 24.23 | -2.17 | -8.22 |
I have taken few days break from writing my closing bell summary. Many things have happened in the last few days, unfortunately market taking a turn for the worst. All indices were mostly negative.
Today, there is much needed market rally with all indices in solid green territory and also VIX dropping below 25.
Here is a to a Market Bull run in 3/4 quarter of 2022!
Strategy
- Look for signs of market bottoming, which may have already happened.
- Watch for inflation flatten up
News
- Greater China stocks fall as Covid concerns resurge; Asia-Pacific markets fall
- Markets Brief: Ahead of the Next CPI Report, More Signs Inflation is Peaking
- Oil tumbles as much as 10%, breaks below $100 as recession fears mount
- Tesla is still the world’s largest electric car producer despite what you are hearing
- Analysts Confident in Tesla’s Strong Growth Outlook Despite Q2 Slowdown