This Week's Stock Ideas
Monday, 6/16/2025
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The S&P 500 futures tumbled Friday after Israel’s airstrikes on Iran. The heightened geopolitical tensions is likely to stir up the volatility of the market in the coming week. A smaller position size to test the water is preferred due to the volatile market condition.
The S&P 500 is likely to pullback to test the minor support zone 5860-5900. It could take time to consolidate and absorb the supply before having another attempt to rally to the previous all-time high level near 6150.
The defense sector, healthcare and the utilities outperformed last week further confirmed the current risk-off market environment.
Check out this week’s trade ideas.
Last week’s sector performance
