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Monica Kingsley does not endorse any stocks or investments. Friday's S&P 500 intraday reversal to the upside was not sustained and the odds still lie heavily with the sellers. The rally from October lows has begun to falter, and with global monetary tightening and rising core inflation, the outlook for stocks is bleak. The sustainability of the 4,415 ES level is doubtful given the rise in long-term yields, and the lack of support from the Utilities sector. Big Tech's disconnect with yields will likely cause the S&P 500 to fall quickly, and the sectoral view indicates that the sellers hold the advantage. The bond markets reflect the stock market's attempt to rally, but it is unlikely to be enough to sustain the increase. Monday's chart points to the possibility that the sellers will ultimately prevail. Monica Kingsley does not recommend any stocks or investments, and her content should not be seen as providing advice or recommendations. Her research is for educational purposes only and should not be relied upon as advice. Despite the best efforts and care taken, the accuracy and completeness of the information and data may be subject to change without notice.

https://www.valuewalk.com/sp-500-eye-of-the-storm/

The Bitcoin Cash network was forked from the original Bitcoin blockchain in July 2017 and aimed to serve as a payment network.Despite early optimism, the blockchain’s traffic is dwarfed by Bitcoin’s transaction numbers.

Some $92 million in BCH has been transferred in the last 24 hours, compared to $11 billion in BTC, blockchain data by BitInfoCharts show.BCH is still 95% down from its $4,355 all-time high price reached in December 2017, according to CoinMarketCap.

https://www.coindesk.com/markets/2023/06/26/bitcoin-cash-price-jumps-to-one-year-high-fueled-by-spiking-social-interest-exchange-support/