Shesa's JULY 2015 INVESTMENT BLOG
19 July 2015 JULY 2015 Investment Blog Shesa Nayak U.S. Stock Market Commentary Hello friends. Welcome to my monthly investment blog. Let’s take a quick look to the U.S. Stock Market Indexes. Last Friday, the Dow Jones closed at 18,086.45, down 33.80, S&P 500 closed at 2,126.64 up 2.35 and NASDAQ Composite closed at 5,210.14 up 46.96. NASDAQ is at all time high now. The current short-term bullish trend is likely to continue, probably till the earning season is over. However, I would watch the market with caution because sentiment Indicator is currently at extreme, indicating that the stock market is showing great complacency. As a matter of fact, the current long-term bullish trend may not continue. Important Economy News Greece: After a series of negotiations with IMF and European Union; Greece's parliament voted to accept substantial economic reforms last week. They are expecting to receive bailout worth as much a...