LEIBOVIT VR NEWSLETTERS – AKA VRTRADER.COM – WEDNESDAY – JUNE 18, 2025 – SHOWTIME FOR J POWELL AT THE FED AS THE WORLD WATCHES IRAN AND ISRAEL BURN
As you know, cycles forewarned of potential market turbulence in June which was discussed many weeks earlier. All we can do now is watch the cycles and technical indicators for further clues of what lays ahead.
U.S. Stocks Move Notably Lower Amid Geopolitical Concerns
Stocks moved notably lower during trading on Tuesday, giving back ground following the rebound seen in the previous session.
The Nasdaq slid 180.12 points or 0.9 percent to 19,521.09, the S&P 500 decreased 50.39 points or 0.8 percent to 5,982.72 and the Dow fell 299.29 points or 0.7 percent to 42,215.80.
The early pullback on Wall Street came as traders looked to cash in on yesterday’s strong gains amid renewed concerns about the ongoing clash between Israel and Iran.
While reports hinting at an end to hostilities contributed to a rally on Monday, news that President Donald Trump left a G7 summit early to focus on the conflict has led to worries about further escalation.
In a post on Truth Social, Trump said French President Emmanuel Macron mistakenly said he left the summit in order to work on a cease […]
LEIBOVIT VR NEWSLETTERS – AKA VRTRADER.COM ‘ TURNAROUND TUESDAY’ – JUNE 17, 2025
U.S. Stocks Show Strong Move Back To The Upside After Last Friday’s Sell-Off
After moving sharply higher early in the session, stocks gave back some ground over the course of the trading day on Monday but continued to turn in a strong performance. With the upward move, the markets largely offset the steep losses seen during Friday’s session.
The major averages all ended the day firmly in positive territory, with the tech-heavy Nasdaq posting a standout gain. The Nasdaq jumped 294.39 points or 1.5 percent to 19,701.21, the S&P 500 advanced 56.14 points or 0.9 percent to 6,033.11 and the Dow climbed 317.30 points or 0.8 percent at 42,515.09.
The early rally on Wall Street came as traders looked to pick up stocks at somewhat reduced levels following the previous session’s nosedive, which came after Israel launched a series of airstrikes against Iran.
While the clash between Israel and Iran continued over the weekend, traders appear optimistic the conflict will remain relatively contained.
A report from the Wall Street Journal citing Middle Eastern and European officials said Iran has been urgently signaling that it seeks an end to hostilities and […]
