21/06 News: Dow futures fell after the US market holiday

 

US equities futures fell slightly in overnight trading on Monday, with markets still closed for the holiday after suffering heavy losses last week as investors prepared for a tightening. further monetary policy from the US Federal Reserve and the possibility of an economic recession increase.

By 6:40 PM ET (10:40 PM GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were all trading 0.1 percent lower.

On the eve of this week, market participants will be closely watching Fed Chairman Jerome Powell's testimony before Congress on Wednesday and Thursday. In addition, new home sales data is slated to release on Tuesday, while existing home sales will arrive on Thursday alongside service and manufacturing PMI.

Last week, the Dow Jones fell 4.8%, the S&P 500 was down 5.8%, recording the biggest weekly decline since March 2020 and the NASDAQ Composite fell 4.8%, down 33% from the highs. green.

Meanwhile, the cryptocurrency made a slight recovery after Bitcoin plunged to a new 2022 low over the weekend.

The hot stocks analyzed in the report of Vietstock Consulting Department include: AGG (HM: AGG), HDB (HM: HDB), KLB (HN: KLB), IBC, SHB (HM: SHB), NVL (HM). : NVL), SSB, LIG, VJC and VPB (HM: VPB).

These stocks are selected for technical analysis signals, liquidity, interest level of investors ... The analysis below can be for reference in the short term as well as in the long term. term.

AGG - An Gia Real Estate Development and Investment Joint Stock Company

The trading volume was sudden and was above the 20-day average in the 20/06/2022 session, proving that the cash flow is returning to AGG.

The Relative Strength line has been above the 20-day average in recent sessions showing that the price is outperforming the market.

The mid-term trendline (equivalent to 36,000-37,000) will be a strong support in the near future.