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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Tradenet Capital Markets Ltd.

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Tradenet is a day trading training school. We offer courses including lessons about stock trading, CFDs, options, futures and foreign exchange.
At Tradenet, we specialize in providing day trading courses with inexperienced beginners and experienced traders.
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