BY MARK SEBASTIAN
June 30, 2025
Hey Traders,
Last week, I warned you all that oil was due for a fall as soon as there is peace … and boy did it!
Oil fell about 15%. XLE did do better, only falling 4% but it trailed oil.
Here is the good news: for now, you can ignore energy again, at least until something heats up in the Middle East again.
So what’s leading the market?
SMH: the semi’s.
That being said … this is looking a little toppy.
AMD and NVDA have had such a crazy run over the last few days. I think they are primed for at least a little pull back.
The reversal on Thursday and then the price action on Friday make me think AMD might be due for a sell off.
WIth some of the mega stocks probably running out of steam I really think there is an opportunity for the Dow Jones and the Russell 2000 to out perform.
IWM is already breaking out and so is DIA. I expect this week to be a strong week for both.
Reviewing Friday’s Trade
I closed most of TNA up 100%.
…Today’s Outlook
It’s going to be an inside day – be on the lookout today.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
