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How to make it, spend it, and invest it

23 Jul 2020

MARKET NOTES

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Post by MoneyRadio Staff

DO NOT FORGET…EARNINGS SEASON.

Market broadens out. Areas like housing/housing-related, medical products, economically-sensitive show up on screens.

Gold/silver remain strong…just extended. Look for settling down and another entry.

Financials, for the most part, no oomph. Off floor but still no oomph. Maybe soon.

Oils…a little better. Some things look to be bottoming.

Tech finally slowing down. Most names resting past couple weeks. Wouldn’t mind a few more weeks to build new bases.

Sentiment is the problem but sentiment is not pinpoint. Too many secondaries. Too many IPOs with bar lowered. Any crappy company mentioning vaccine gets moving. But no trouble just yet.