To The Moon

I had to “update” myself wrt “Juneteenth” US public holiday falling on 19 Jun 2023. It is the 11th and latest addition to the list of US federal holidays. It was signed by President Biden on 17 Jun 2021 and the first to obtain legal observance as a federal holiday since Martin Luther King Jr. Day was designated in 1983. Today is a good “breather” since I have been largely “out of action” for the past week. US market on the whole has performed very well for the past one month: DJIA upped by +2.61% to 34,299.12 S&P 500 upped by +5.19% to 4,409.59. Nasdaq upped by +8.15% to 13,689.57. What more could an individual retail investor asks for right now? If the market could sort of have a “mini” consolidation this week, it would appear (personally) a “healthier” behaviour instead of continuously charging ahead. Based on Reuter’s post (see above), is this the likely scenario to be played out tomorrow when trading resumes? It might be the “early” jittery as attention will again return to Mr Powell as is scheduled to deliver congressional testimony on Wed (21 Jun) & Thu (22 Jun). The one thing that Wall Street hopes to hear from Mr Powell is that “The Fed will end its most aggressive rate increase campaign in decades“. I thought it’s a bit of a wishful thinking, considering that latest CPI is still perched at 5.3% (see below) a fall of -0.2% from May 2023’s data (see below). US June 2023 CPI Regardless of the US market scene for this week, as a longer term investors below are a few stocks that I would continue to watch over; waiting for that elusive opportunity that might “occur” should the healthy correction takes place. $JPMorgan Chase(JPM)$ . US #1 bank. What’s there not to like? $Fortinet(FTNT)$ . Technically looks strong. Need to research more. $Microsoft(MSFT)$ . Hoping for a pullback consolidation after the “euphoria” phase. The above 3 stocks will be in addition to $UnitedHealth(UNH)$ that I have posted this morning that I will be watching closely - Invest In Healthcare ($UNH) - Post Covid View. Click on blue title to read, if interested ok. Show some love, give a “Like”, “Share” & “Re-post” ok. Thanks. Do you think the US market will have a correction this week? Do you think you will be interested in any of the mentioned stocks? Please give a “Like”, “Share”& "Re-post” ok. Thanks. Rating is very important (to me!). Thanks. Hope you will consider “Follow me” so that you get firsthand read of my daily new posts. Thanks!