You've got to know when to hold ‘em ♠️

Welcome Back Wealth Wagon Members,

Good morning, I hope you are all doing well. Today we have an amazing sponsored post by Bullseye Trades, It will help you understand exactly how and when to position yourself in front of the next big stock not behind. Don’t Get Left Behind. Enjoy

I hope you find it enjoyable and stay with it to the very end!

You've got to know when to hold ‘em ♠️

If you’ve ever exited a trade too early, this might be your most important read. With over 20 years of trading experience, I’ve witnessed trades go from zero to hero. Even legends like Steven Cohen have faced such moments. This highlights the power of a detailed plan, keeping members in until prices soared past the alert level. Knowing key support and resistance areas is essential and can save your trades. The next top trade idea is…

Business and Finance News Update: 6/23/2024

Stock Update

The stock market experienced mixed performance on June 23, 2024. The S&P 500 fell slightly by 0.2% to 5,464.62, maintaining a 0.6% gain for the week. The Dow Jones Industrial Average saw a minor increase of 0.04%, reaching 39,150.33, and marking a 1.5% weekly rise. The Nasdaq Composite dropped 0.2% to 17,689.36, remaining relatively unchanged for the week. Notably, semiconductor stocks continued their decline, impacting the PHLX Semiconductor Index, which lost 1.1% for the week. Energy stocks also softened due to a drop in WTI Crude Oil prices​.

Real Estate Update

The real estate market remains robust despite recent economic fluctuations. Residential property sales have seen a 5% increase year-over-year, driven by strong demand and limited supply. Commercial real estate is also showing resilience, with a notable uptick in leasing activities for office spaces in urban centers. However, concerns about rising interest rates persist, potentially impacting future borrowing costs and property prices.

Economy Update

The U.S. economy is presenting mixed signals. The Conference Board's Leading Economic Index for May dropped 0.5%, exceeding analysts' expectations of a 0.3% decline. Conversely, the services sector reached a 26-month high in June, and manufacturing hit a three-month high according to S&P Global Flash PMI readings. Upcoming reports on Personal Consumption Expenditures (PCE), durable goods orders, and the final Q1 GDP figure are anticipated to provide further insights into the economy's direction​.

Cryptocurrency Update

Bitcoin continues to dominate the cryptocurrency market, recently hitting $35,000, a 20% increase over the past month. Institutional interest is growing, with several major financial firms exploring Bitcoin ETFs and other crypto investment products. Meanwhile, Ethereum is trading at around $2,000, supported by increasing adoption of its blockchain for DeFi and NFT applications.

Advertising

Do you want to grow an audience? Do you want to increase Sales? Be sure to reach out with any questions you have regarding promoting your business.

That’s All For Today

I hope you enjoyed it, see you tomorrow with another new post, keeping you informed and up to date on all things business and helping you achieve all of your financial goals.