It's June 28: The Last Trading Day of The Month and Quarter
June 28 is the last trading day of the month and the quarter, plus it is also the day for the big Russell re-balance. Be ready for anything.

It’s June 28: The Last Trading Day of The Month and Quarter

This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.

Otherwise, enjoy the column!

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June 28 – Stock mentions: SPY, AAPL, MU, BA, CSCO, NFLX

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

Happy Last Day of June, 2Q, and Russell Re-Balance Day

US Markets

  • S&P 500 Futures +5 Points
  • US 10-year 2.02%
  • Dollar Index 96.14
  • VIX 15.89
  • Oil $59.54

International Markets

  • Japan Nikkei -0.29%
  • China Shanghai -0.60%
  • Hong Kong HSI -0.28%
  • South Korea KOSPI -0.17%
  • Germany DAX +0.50%
  • UK FTSE +0.21%

US Trading for June 28

S&P 500 (SPY)

S&P 500 is pointing to a higher opening today and is trending up. The next significant level to watch for the SPY ETF is $294 and for the Index is around 2,940.

spy, s&P 500

Micron (MU)

Micron is rising yet again and is not going to listen to my advice from last night. So that means it likely fills the gaps up at $40.25.

Micron, mu

Apple (AAPL)

Apple is down a bit today on news that it is top designer Jony Ive is leaving the company. It sounds like he will still be involved but just not an employee. AAPL seems fine to me. China means more to AAPL to then today’s news at the moment.

apple, aapl

Boeing (BA)

What had been a promising chart has turned ugly for BA. It appears there is a now a double top on the chart, and that could mean a drop to the uptrend at $350.

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boeing, ba, stock

Netflix (NFLX)

Netflix held the break out from the other and is now heading back to its recent highs. $380 is the next significant level to watch for in NFLX.

Netflix, nflx, stock

Cisco (CSCO)

Cisco has been consolidating right below a break out region. The RSI is still trending higher. I think CSCO is still poised to break out and move towards $61.

cisco, csco, stock

have a wild one!


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.