[Weekly Market Outlook] Breaking Bread or Breaking Bad

[newsletter.png] Breaking Bread or Breaking Bad June 10th, 2018 Keith Schneider CEO, MarketGauge.com [outlook20180610.jpg]US Equity markets continue to perform well with most of our key risk indicators showing all clear. Of course, that can change in a heartbeat as the world awaits the outcome of the budding bromance between Trump and Kim. On the menu for the state dinner, is a Big Mac cooked on a grill, hopefully not nuked. This week’s rally was led by the Dow Industrials which was up + 2.8%. DIA made up for lost ground. This was led by rumors that Kim, who loves Big Mac’s wants McDonald's franchises in North Korea. Small Caps (IWM) and growth stocks that live in the NASDAQ 100 (QQQ) continue to be the leading stock index globally. Historically this upcoming week is one of digestion, so we certainly can see a pause in the attempt to take out the highs in both the S&P 500 and the Dow Industrials. - All key US equity indexes are in bullish modes with small caps and growth stocks leading - The United States continues to be the strongest global stock market - Market Internals are NOT overbought - Institutional volume is improving slightly. Consumer stocks are hot, driven by happy consumers spending their tax savings - Value stocks continue to drag versus Growth - High Yield/Junk debt is underperforming US bonds, an important metric to monitor - Retail (XRT) staged an impressive rally which looks like it still has legs ([check out our triple play indicator which highlighted this opportunity]() [Free Video]( [Premium Video]( Best wishes for your trading, Keith Schneider CEO MarketGauge [twitter.png]Get more - follow us on Twitter! [@marketgauge]( and [@marketminute]( To stop receiving this go [here.]( | Got Questions? (Office hours 9-5 ET (New York time)) Email: info@marketgauge.com Live Chat: Go to bottom right corner of our [home page](. Call: 888-241-3060 or 973-729-0485 "Market Intelligence at a Glance + Tools For Serious Traders" [Tap here to manage your email subscriptions or stop receiving this email.]( The information provided by us is for educational and informational purposes only. This is not intended to be individualized investment management. If you require investment management, please contact your investment adviser or our affiliated investment adviser, Market Gauge Asset Management, LLC, at [www.mgamllc.com]( MarketGauge.com 70 Sparta Ave, Suite 203 Sparta, New Jersey 07871 United States (888) 241-3060