A rollar coaster. Europe turned green on US open and the DJIA pushed higher after new housing data showed a 44% record monthly gain in pending home sales. The estimates-topping economic data helped assuage fears over the economic damage from the pandemic.
Gains from every sector were evident.
BOEING up 12% because airplan production is starting soon as Monday and despite major cities like califorrnia renetering early stage lock downs with bars/diners shutting down. Markets are shrugging it off and looking forward.
complacenc or monthly window dressing is holding everything together. Either way, this week looks to be more interesting.
Tues, 30 June - EOFY Rollar Coaster
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