Money Vikings

Money Vikings

Share this post

Money Vikings
Money Vikings
Money Vikings Investing - Week of 6/18/2023
Copy link
Facebook
Email
Notes
More

Money Vikings Investing - Week of 6/18/2023

In This Issue: Market Report, Finviz/Sector Analysis, Sentiment Analysis, 🟢 A Radioactive ☢️ Trade, Featured Finance Authors, Jerry’s Options Trading Portfolio, Not to Late for Dad!

Money Vikings (Jerry)'s avatar
Greg Money Viking's avatar
Money Vikings (Jerry)
and
Greg Money Viking
Jun 17, 2023
∙ Paid
2

Share this post

Money Vikings
Money Vikings
Money Vikings Investing - Week of 6/18/2023
Copy link
Facebook
Email
Notes
More
3
Share

First of all, Dad’s out there—Happy Father’s Day! If you are not sure what to get your dad, perhaps consider setting him up with a Money Vikings Premium Subscription.

Give a gift subscription

Market summary for the week is in, and what a week it was! Besides all the bullishness everywhere after the Fed’s expected pause, I was surprised to see the Agricultural Commodities up over 4%, almost double what the S&P did. We continue to see low volatility, and Bitcoin seems to be picking up on the news of iShares filing for a Bitcoin ETF. SPY, touching 440 on Friday, the market is on rocket fuel. Driven by Technology, we are seeing massive gains in this area. Looking for signs of exhaustion, but not seeing them quite yet other than being oversold and a downwards pointing RSI on the daily. Next stop is the April 21,2022 450 unless we give it back next week.

⬆️ S&P 500: +2.21%

✈️ DOW + 1.29%

🧢 IWM Small caps -0.20%

🏎️ QQQ 3.75%

💼 Rates/Bonds: Almost +1% for TLT, 10 Year Rate -0.069 bp

🚩Fed Watch: about 70% probability of a rate hike on July 26th

🎢 Volatility: -1.81% at 13.53

🛢️ Commodities: DBA (Agriculture Fund) was up 4.12%, Oil was up 1.12%, and Gold was down -.040%

🍔Sectors were up with Technology leading up 4.11% and Energy up a hair.

💪 AAII Sentiment 45.2% Bullish, 32.1% Neutral, 22.7% Bearish, a small increase in bullishness since last week

📈📉 Economic Events Next Week:

  • Monday 6/19 - Holiday

  • Wednesday 6/21 - Fed Chair Powell Testifies

  • Thursday 6/22 - Initial Jobless Claims, Existing Home Sales (May), Fed Chair Powell Testifies, Crude Oil Inventories

  • Friday 6/23 - Services PMI (June)

YouTube | Blog | Book | Podcast | Discord | ☕️

Finviz Heat Maps and Sector Analysis

The Fear and Greed Index & Market Temperature

We continue to get into Extreme Greed territory, up about 5 points from the prior week. The Put/Call ratio is around .70, (-.04 from last week) and that is bullish as more people are buying calls that puts. The

Babbl
Market Temperature is very bullish in overall news sentiment and the S&P 500 is as well.

Featured Authors

The financial blogging market is on fire! Many amazing articles out there about diversification, how to educate kids in financial literacy, and a very humbling story about investing in Amazon from our friends at

Jason Milton
,
Think and Invest
, and
Financial Freedom to Kids

Antagonist Stocks and Options Research
OTW #24: Housing costs, learn from Amazon's story, and more
Hi Antagonist readers. Welcome to another edition of “Over the Weekend,” and thank you for subscribing! 1. Please nominate The Antagonist. What’s your favorite part of The Antagonist? Is it Over the Wee…
Read more
2 years ago · 1 like · Jason Milton
Think and Invest
Diversification matters?
Hello everyone, I hope this message finds you in good health and high spirits. Today, I'm excited to share my perspective on portfolio concentration and diversification, concepts that are often seen as two sides of the same investing coin. Financial advisors, almost uniformly, advise diversification as a safeguard against market volatility. But is divers…
Read more
2 years ago · 1 like · 3 comments · Eugene Alexeev
Financial Freedom to Kids
4 Must Known Pillars of Personal Finance
Everyone has four basic components in their personal financial structure: assets, debts, income, and expenses. They are easy to understand in every age and it is very important to realize that our financial freedom depends on the well-balanced management of these four components. That’s why let’s understand what are four pillars of money and teach our k…
Read more
2 years ago · 1 like · Financial Freedom to Kids

Radioactive Trade - URA Covered Call

Keep reading with a 7-day free trial

Subscribe to Money Vikings to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Money Viking
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More