5 Monster Stocks To Watch For The July 2 Trading Session
US Markets
- S&P 500 Futures -4.5
- US 10-Year 2.01%
- Dollar Index 96.74
- Oil $58.74
- VIX 14.16
International Market
- Shanghai Comp. -0.03%
- Hong Kong HSI +1.17%
- Japan Nikkei +0.11%
- South Korea KOSPI -0.36%
- UK FTSE +0.48%
- Germany DAX -0.20%
S&P 500 Futures
S&P 500 futures are down modestly for July 2. However, the trend in the index appears to be moving higher despite today’s declines. Support for the S&P futures is around 2962. Meanwhile, resistance appears to be resistance is around 2,985. I think the S&P 500 is higher by days end.
Roku (ROKU)
Roku is falling this morning after RBC downgraded the stock. The stock is falling to support at $88. The next level of support for the stock is around $81.
Micron (MU)
Micron gapped higher yesterday, and now that gap needs to be refilled at $38.70. But it could be worse because I had noted late week that the stock could fall to around $34.
Facebook (FB)
Facebook may be starting to run out of juice. The chart is forming a bearish reversal pattern known as a rising wedge.
Amazon (AMZN)
Amazon continues to look reasonably strong with the potential for the stock to rise towards $1965.
Nvidia (NVDA)
Nvidia managed to fill the gap intraday yesterday, and now the stock likely continues to rise to around $179.
Enjoy your day!
Disclaimer: This article is my opinion and expresses my views. Those views can change at a moment's notice when the market changes. I am not right all the time and I do not expect to be. I ...
more
Some good stocks here. But I never understood the lover for $ROKU. To my knowledge all #Roku does is provide a line of products to watch movies and music over the internet. But the market is proliferated with such products, and there are many superior products by real market leaders like #Google, #Apple, and #Amazon. $GOOG $GOOGL $AMAZN $AAPL