6/21/19 – Stock Mentions: SPY, MU, BYND, AMD
- S&P 500 Futures down 6 points
- US 10Year Treasury 2.03%
- Dollar Index 96.58
- VIX 14.82
- Oil $57.33
- China Shanghai +0.50%
- Japan Nikkei -0.95%
- Hong Kong HSI -0.27%
- South Korea Kospi -0.27%
- Germany DAX -0.08%
- UK FTSE +0.19%
S&P 500 (SPY)
Stocks are pointing to a slightly lower opening but given the sharp run-up in June. The first significant level of support comes at 2,940 and then 2,915.
Micron is falling today after Robert W. Baird lowered its price target to $28 from $32. The next level of support for the stock comes at $32.50.
Beyond Meat (BYND)
Beyond Meat is testing support at $154, and could be on the verge of a drop to $125.
AMD is testing support at $29.40 with the potential to decline to around $28.50.
That’s it for today. I got off to a late start.
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