ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
June 7, 2025 | Tech Talk for Saturday June 7th 2025
Don Vialoux
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).
The Bottom Line
Nice technical breakout on Friday by the Dow Jones Industrial Average and its related ETF: DIA!
Measured by percent of S&P 500 stock trading above their 20, 50 and 200 day moving averages, U.S. equity prices are Overbought and peaked in mid-May. Strength in a small number of big cap U.S. stocks (Think MAG 7 and a few Dow Jones Industrial Average stocks) has helped to support broadly based U.S. equity indices.
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Don Vialoux June 7th, 2025
Posted In: Tech Talk
Previous: « The TACO Trade Has Its Moment
Next: This Week in Money »