Market Report Jun 16 2023
Market:
The primary market benchmarks commenced trading with a somewhat subdued tone as seen in the Futures Report, but rapidly transitioned into a bull-driven Thursday.
Numerous equities played a role in boosting the indices on Friday, as those who were not already involved quickly allocated capital to avoid FOMO.
Sectors:
Each of the major averages concluded trading in close proximity to their daily peak, placing the S&P 500 above the 4400 mark.
All sectors closed up on the day. FTSE 100 was the only one of the three that ended the session up.
VIX also decided to get in on the action and gained 4.5%.
Stocks:
Most of our portfolio had a good day. SPCE was up 30% after hours but TSLA, NVDA and AMD all lost their spark.
Let's go trade!
