8 Monster Stock Market Predictions for The Week of July 1
The week of July 1 will be short, but busy as the stock market tries to push to a record high to celebrate the fourth!

8 Monster Stock Market Predictions for The Week of July 1

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For the Week of July 1 – Stock Mentions SPY, AAPL, NFLX, NVDA, ROKU, JD, BABA, FB

Michael Kramer and the clients of Mott Capital own AAPL and NFLX

Week of July 1

It will be a busy week of July 1 with tons of economic data on tap. But the big news on Monday will come following the China/US summit at the G20. I am disappointed by the outcome to some degree. After nearly two months of leading up to the event and all the market volatility, I felt that the meeting was too short and too brief. There was nothing completed during that meeting that couldn’t have been conducted on a phone call seven weeks earlier. It was a lot of theater.

Am I happy that there is a truce and at least the overhang is removed? Of course. Would I have liked to see something more substantial? Yes. Do I think the market got enough to rise following this event? Yes, that it shall.  (Premium Content: The Week Ahead For July 1)

S&P 500 (SPY)

As I left off on Friday, the S&P 500 has a bullish technical pattern which has formed known as a bullish triangle. It would suggest that the index is likely heading higher in the coming days. The events from this weekend should be enough to push prices higher.

The one thing to be mindful of is a gap opening on Monday. Just remember how the market tends to fill those gap.

S&P 500, spx, stocks, july 1

Apple (AAPL)

Apple is likely to be a major winner from this weekend. Investors had a great deal of concern regarding the potential for iPhone tariffs. My view is that the stock pushes towards $209.

apple, aapl, stock, july 1

Netflix (NFLX)

Netflix is one stock that may also continue to move higher this week towards $380.

netflix, nflx

Nvidia (NVDA)

Nvidia should continue to rise and head towards $178

nvidia, nvda

Roku (ROKU)

Roku is likely to continue to trend lower, as indicated by the RSI. The next stop is probably around $80 on its way to $68.  Be careful; the stock is likely to try and test resistance at $94 at some point.

roku

Alibaba (BABA)

Alibaba should be a big beneficiary this week, with the potential to rise towards $179.

alibaba, baba

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JD (JD)

An increase above $31.50 on JD sends the stock towards $34.80.

jd

Facebook (FB)

Facebook has performed reasonably well and is forming a rising triangle. A break above $194.50 could send the stock towards $203. Not what I had thought would happen, but you can’t fight the trend.

facebook, fb

Have a good week!

-Mike

Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.

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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.