https://www.howestreet.com/2024/07/gold-silver-bitcoin-cryptos-currencies-energy-mark-leibovit-martin-straith-ross-clark-this-week-in-money/
TESLA - TSLA - RALLY WAS PREDICTABLE BASED ON THE PATTERN BELOW WHICH WE TRADED
U.S. Stocks Close On Mixed Note; Nasdaq, S&P Hit Record Closing Highs
U.S. stocks ended mixed on Monday, turning a bit sluggish after a fairly good start. Among the major averages, the Nasdaq and the S&P 500 moved on to record highs, while the Dow ended in negative territory.
Optimism about the outlook for interest rates aided stocks earlier in the session. However, the mood turned a bit cautious as the day progressed with investors looking ahead to the data on consumer and producer prices, and Federal Reserve Chair Jerome Powell's congressional testimony this week.
The Dow edged down 31.08 points or 0.08 percent to 39,344.79. The S&P 500 ended higher by 5.66 points or 0.1 percent to 5,572.85, while the Nasdaq advanced 50.98 points or 0.28 percent to 18,403.74.
On the economic front, a leading indicator for payroll employment in the U.S. decreased in June, extending the declining trend over the past several months, and a signaled a slowdown in payroll hiring in the second half of the year, survey data from the Conference Board showed.
The Conference Board Employment Trends Index fell to 110.27 in June from a downwardly revised 111.04 in May.
Networking stocks found good support. Shares of semiconductor and hardware companies also moved higher, contributing significantly to the gains of the Nasdaq.
Nvidia gained nearly 2 percent. Advanced Micro Devices Inc. shares rallied 4 percent. Intel surged more than 6 percent, and Dell Technologies climbed 5 percent.
Broadcom Inc., Home Depot, Quallcomm, Applied Materials, Texas Instruments, GE Aerospace, Morgan Stanley, IBM, Booking Holdings Inc., Citigroup, Vertex Pharmaceuticals, Lowe's and Analog Devices also closed notably higher.
Nike, Comcast Corporation, Abott Laboratories, McDonald's Corporation, Cisco Systems, Wells Fargo, PepsiCo, Coca-Cola, Visa and Meta Platforms ended weak.
In overseas trading, stock markets across the Asia-Pacific region moved mostly lower during trading on Monday. Japan's Nikkei 225 Index fell by 0.3 percent, China's Shanghai Composite Index slid by 0.9 percent and Hong Kong's Hang Seng Index tumbled by 1.6 percent.
Major European markets closed slightly down, as investors reacted to the results of French parliamentary elections, and awaited Fed Chair Jerome Powell's testimony this week for clues on U.S. central bank's policy path.
The pan European Stoxx 600 edged down 0.03 percent. The U.K.'s FTSE 100 ended down 0.13 percent, France's CAC 40 closed lower by 0.63 percent, and Germany's DAX sett;ed 0.02 percent down.
OPPORTUNITY TO ACCESS MARK LEIBOVIT'S PROPRIETARY VOLUME REVERSAL INDICATOR - THIS IS THE ONLY PLACE TO DO IT!
https://www.metastock.com/prod ucts/thirdparty/?3PC-ADD-VRIS
FOLKS THIS ALL YOU NEEDED TO KNOW! HISTORICALLY A GOOD SIGN THAT WE ARE AT OR NEAR A MARKET TOP = BULLISH MEDIA HEADLINES LIKE THIS. RECALL THE MARCH 10, 2000 TOP HEADLINE IN THE WALL STREET JOURNAL (BELOW) RIGHT AT THE TOP!
Yes, that's a cartoon of me. Louis Rukeyser had us dressed up in 'elf' costumes on the screen broadcast each week. I've dated myself. That occurred for me between 1988-1996. Lou didn't like any bearish comments, so myself and other elves got dumped in 1996.
WHO am I?
MARK LEIBOVIT is Chief Market Strategist for LEIBOVIT VR NEWSLETTERS a/k/a VRTrader.Com. His technical expertise is in overall market timing and stock selection based upon his proprietary VOLUME REVERSAL (TM) methodology and Annual Forecast Model.
Mark's extensive media television profile includes seven years as a consultant ‘Elf’ on “Louis Rukeyser’s Wall Street Week” television program, and over thirty years as a Market Monitor guest for PBS “The Nightly Business Report”. He also has appeared on Fox Business News, CNBC, BNN (Canada), and Bloomberg, and has been interviewed in Barrons, Business Week, Forbes and The Wall Street Journal and Michael Campbell's MoneyTalks.
In the January 2, 2020 edition of TIMER DIGEST MAGAZINE, Mark Leibovit was ranked the #1 U.S. Stock Market Timer and was previously ranked #1 Intermediate U.S. Market Timer for the ten year period December, 1997 to 2007.
He was a 'Market Maker' on the Chicago Board Options Exchange and the Midwest Options Exchange and then went on to work in the Research department of two Chicago based brokerage firms. Mr. Leibovit now publishes a series of newsletters at www.LeibovitVRNewsletters.com. He became a member of the Market Technicians Association in 1982.
Mr. Leibovit’s specialty is Volume Analysis and his proprietary Leibovit Volume Reversal Indicator is well known for forecasting accurate signals of trend direction and reversals in the equity, metals and futures markets. He has historical experience recognizing, bull and bear markets and signaling alerts prior to market crashes. His indicator is currently available on the Metastock platform.
His comprehensive study on Volume Analysis, The Trader’s Book of Volume published by McGraw-Hill is a definitive guide to volume trading. It is now also published in Chinese. Mark has appeared in speaking engagements and seminars in the U.S. and Canada.
FOLKS, COMPANY EARNINGS REPORT, THE FED, PRESIDENTIAL RACE, UKRAINE,, CHINA, NORTH KOREA, RUSSIA MAY ONLY BE NOISE TO DISTRACT US. THERE IS MORE TO THE FUTURE OF THE MARKET IN GEOCOSMICS AND GOVERNMENT COVERUP. YOU FILL IN THE BLANKS.
Tropical Storm Beryl moves through NE Texas, flooding continues to impact the Houston area
Here’s the latest on the storm.
Tropical Storm Beryl brought thunderstorms and tornado warnings to East Texas and parts of Arkansas and Louisiana on Monday evening, after lashing Houston and its suburbs with strong winds and torrential rains. The storm killed four people in the Houston area and knocked out power to nearly three million homes and businesses.
Houston, the nation’s fourth-most populous metro area, began assessing the damage late Monday and recovering from the storm’s impact. The winds had been stronger than expected, officials said, blowing down trees across the city. So much rain fell that sections of highways were transformed into rivers, and at least eight people had to be rescued from high water.
La Niña can impact weather around the world. For example, in 2024, NOAA projected a 60% chance that La Niña would develop between June and August, which could increase the chances of a dangerous Atlantic hurricane season.
https://tinyurl.com/msfk2je9
CHECK THIS OUT! A PROBABLE REASON DISNEY STOCK MAY STILL GO LOWER! MAYBE APPLE NEEDS TO ACQUIRE THEM BUT DO THEY WANT THE HEADACHE?
Meanwhile, the stock appears cheap but could still go lower! I am reluctant to visit the parks with all the 'woke' influence. Like to tell you about the day I spent following Walt Disney himself around Disneyland when I was 14 years old.
"There's no way we're hiring a white male for this role" – Michael Giordano, Senior Vice President at the Walt Disney Company.
Help James O'Keefe expose this and other absurdities in the political left
https://tinyurl.com/3mp9yp49
WATCH THE FULL ROSWELL MOVIE PRODUCED IN THE 1990s. The film producer of the film (an old friend) makes a cameo appearance in the film.
https://www.disclose.tv/roswel l-1994-full-movie-301355
Why am I highlighting the Michael Savage book? Unfortunately, it tells the story of the mental illness of the Democratic party and followers of their insane beliefs of our society, our laws and communist underpinnings.
I USE JOEL WALLACH'S SUPPLEMENTS EVERY DAY. MAY AGAIN PROVIDE A LINK TO PURCHASE THEM HERE
Biden is pussy whipped into continuing the campaign by his wife, Jill when Joe should be in a rest home. Elder abuse! It is clear Jill has been running show.
Michelle Obama Is A MAN Here's the Proof
https://tinyurl.com/ybubncb6
Joan Rivers: Michelle Obama Is A Man: No One Believed Me & I'm Right AGAIN!!
https://tinyurl.com/ynmbzbk7
COME ON, DAD. IT'S TIME TO EAT
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