My market weekly review: Hi traders, the S&P500 finished the week down by 0.55%, the NASDAQ was down by 2.5%, however, we finished a great first half year with the S&P up by 8.2% and the NASDAQ up by 14.1%, therefore, so far this is no more than a small pullback from the highs. The quarterly earning reports are coming and the concerns are growing: the S&P is trading in an 18 profit multiple, much higher than the average 15. Notice this Friday’s June employment report, especially after the failing May report. That’s another concern. One last thing – No trading on Tuesday. The market is on a 4th of July holiday. Happy 4th of July!

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