
Market forecast for 7/1
- Piggo’s Trading Desk
- Jun 30
- 1 min read
Updated: Jul 1
The markets are indicating a strong selling pressure at the end of the day. It should be followed by a gap up remaining flight for the following day. It will be a newsroom market expect anywhere from 20 basis points higher to 100 basis points. Given the news driven cycle if bad economic news comes out the market will react slightly Could be 80 basis points to the downside nothing to move the markets too much.
Stocks to watch
Robin Hood, Oracle, GDX, HYG
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