Market Report Jul 28 2022

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Market Report for Jul 28 2022

S&P 500 and Nasdaq Daily Charts

Stock Market Price And Percent Changes

With MSFT and GOOGL (stocks we own) both providing fairly good results overall, we have seen some upside leadership in mega-caps once again. In fact, we have been stating that this area has been leading the market for about a month now and it continues to do so.

The expected rate hike of 75 basis points was no surprise and we discussed this was likely to happen right at the start of July.

Now the news is out of the way, we can look for new opportunities once again. Just be aware of the earnings for stocks you might want to enter into.

Let’s go trade!