Saturday, June 2, 2018, Market Recap, Winners and Losers

A Great Friday Close, But…

DOW +219.37   •   NASDAQ +112.21   •   SP500 +29.36   •   NYSE +93.69

It appeared that the major market indexes ended on a high note to cap off the week, but if you look at the one week chart below for the DOW, we didn’t even break even as losses earlier in the week were greater than the bounce back on Friday. But, Friday was a great rally for a change. And it’s nice to end (for the most part) all in the green.

Let’s look at the week’s DOW winners and losers…

DOW Winners: Intel (INTC), Dow Dupont (DWDP), Cisco (CSCO), Microsoft (MSFT)

DOW Losers: Chevron (CVX), Disney (DIS), American Express (AXP)

DOW Performance This Past Week

Screen Shot 2018-06-02 at 7.52.45 AM

Portfolio Winners

Below are the top winners to end the week on Friday, June 1, 2018.

Intuitive Surgical (ISRG)

Intuitive Surgical was the big winner this week since the FDA approved a new medical robot. The stock jumped +$19 a share on Friday on the announcement of this news.

finviz dynamic chart for  ISRG
Cisco Systems (CSCO)

Cisco’s stock went up 2.22% on Friday on the upcoming earnings report. If all goes well next week, this stock should gap up. CSCO is prone to volatility based on the company’s earnings reports. We’ll see what happens.

finviz dynamic chart for  CSCO
Shopify (SHOP)

Revenues for the company have grown since same quarter last year, and the stock has gone up 12 percent since the last earnings report.

finviz dynamic chart for  SHOP

Portfolio Losers

There were no losers in the portfolio on Friday. Although AT&T (T) and Visa (V) haven’t performed as well in the past week.

Buys and Sells

This past week we bought Amazon (again) at $1,620 a share. And sold the following for profits: Estée Lauder (EL), Under Armour (UA), Fidus Investment (FDUS)

Disclaimer: The content provided here is for information and entertainment purposes only. It is not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice, since investors’ needs and strategies may vary. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and

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