Your Weekly Guide to Swing Trading Success [Week 23 - June 09, 2025]
Major indices continue to grind higher towards all-time highs
Market Recap: Last week SPY 0.00%↑ was up 1.65%, QQQ 0.00%↑ was up 2.08%, and IWM 0.00%↑ was up 3.33%. $VIX contracted by 9.69%.
Sector Performance: Leading sector was Technology, up 3.23%. Weakest sector was Consumer Staples, down 1.38%.
Earnings Spotlight: ADBE 0.00%↑ ORCL 0.00%↑ GME 0.00%↑ RH 0.00%↑ LOVE 0.00%↑
Trade Ideas: VERA 0.00%↑ BRZE 0.00%↑ UPWK 0.00%↑ HOUS 0.00%↑ CL 0.00%↑
🔍This Week’s Top Swing Trade Ideas
Charts with annotations are provided below. Take your time to review them.
$SPX and QQQ 0.00%↑ continue to grind higher towards all-time highs. At this point, there isn’t much stopping them from testing those highs. That being said though, there also isn’t much that can cause them to breakout to new highs at this point. It seems like we are heading in sideways direction for the near-term.
🧪VERA: Vera Therapeutics, Inc., Biotechnology
💬BRZE: Braze Inc., Software
🤝UPWK: Upwork Inc., Online Marketplace (Freelancing)
🏠HOUS: Anywhere Real Estate Inc., Real Estate Services
🦷CL: Colgate-Palmolive Company, Consumer Staples
Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.