Let's Trade

6/28/21 - Market opens with rotation back to tech


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QQQ up a decent amount to start the day, with Spy and Dow both falling, likely due to uncertainty around the president's comments going both ways on the fate of the infrastructure bill.

Bitcoin peeks up above 35k again, holding in the range of $30-35k is a good sign but of course we need a significant break above $40k before we declare real signs of strength.

Slow week on the news front, with the most significant development coming on Friday as investors wait for labor market data.

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Let's TradeBy Derek Hutson