March 25, 2022
Markets:
U.S. stock futures rose Friday morning as the S&P 500 looked to close out its second consecutive positive week.
The move comes after a solid session for stocks on Wednesday in which the S&P rose 1.4%, the Nasdaq Composite gained 1.9% and the Dow added 349 points.
For the week, the S&P 500 and Nasdaq are up 1.3% and 2.1%, respectively. Both are on track for their second-straight winning week. The Dow is down marginally week to date. The S&P 500 is now up more than 3% in March, more than erasing its losses since Russia invaded Ukraine late last month.
Traders are keeping an eye on Europe as the Ukraine-Russia continues. The European Union on Friday struck a gas deal with the U.S. in an effort to reduce its dependency on Russian energy.
The news comes after President Joe Biden said Thursday at a NATO summit in Brussels that the U.S. would respond if Russia used chemical weapons in Ukraine.
Portfolio:
We enter the new trading session holding positions in JEF, AG, NU, FNGU, AEHR, and holding ITRM. We want to possibly release another new opportunity today to provide further exposure to the start of next week. One of the most anticipated periods is beginning for us. Cannot stress enough the possibilities the next several months will provide all of us should this continue to materialize. Let's stay the course and continue to find winners. Let's have a great session.
