Stock News Daily 5/31/2023

Stock News The dow drops 200 points today because of the debt ceiling vote. Everybody agrees that the government will take care of the debt ceiling, as they are voting on it. Many Financial CEOs agree it wouldn’t be good to foreclose on the debt. It would bring down Governement bonds to AA from AAA, and we don’t want that as they’re coming to a conclusion. Stay with us as you get speedy news of Stocks from us.

This past week we’ve seen the S&P start entering a bull market, as well the Nasdaq is heading up too, we are a bit overbought right now, as we can tell from our technical analysis, the stocks should keep continuing to rise this week though.

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