
The U.S. stock market experienced a week of volatility, with the S&P 500 Index ($SPX) closing nearly unchanged from the previous week's close of 6040, despite a range of over 175 points during the week. The index ended the week at approximately 6040, reflecting a flat performance. Other major indexes also showed mixed results, with the S&P 500 ETF ($SPY) down 0.17%, the Nasdaq ETF ($QQQ) up 0.13%, the Dow Jones Industrial Average ($DJI) down 0.54%, and the Russell 2000 ETF ($IWM) down 0.22%. Market participants noted a challenging environment, with notable earnings reports from companies such as Alphabet ($GOOGL), Amazon ($AMZN), and Advanced Micro Devices ($AMD) falling short of expectations. Meanwhile, Tesla ($TSLA) stock faced declines, contributing to market fluctuations, as investors remained cautious ahead of upcoming earnings reports from Robinhood ($HOOD) and Shopify ($SHOP). Analysts indicated that the market is currently a stock picker's environment, emphasizing the importance of tracking option flows amid the choppy conditions.
The stock market remains be choppy. The major indexes aren't far from record highs but the Nasdaq is below its 50-day. Weekly charts can help put bullish/bearish daily moves in perspective. There are leaders flashing buy signals, but big losers too. $TSLA $APP $HOOD $SHOP 1/ https://t.co/hjZl1eE4qQ
Happy Super Sunday! Market's are VOLATILE!!! Lets get a look at some charts ahead of a bit earning and data week!
Weekly S&P500 #ChartStorm by Head of Research @Callum_Thomas --> https://t.co/UnIR9jn7Ht This week: tech turbulence, flows, volume, rotation, US$, mega-cap, risk premium, Buffett Indicator 2.0, investor expectations, mood shifts, market regime swings $SPX $SPY $ES_F $VIX $QQQ https://t.co/3HMvJnSpnA








