Retail Stock Providing an Optimal Entry Point

The Dow added 210 points for the day

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Schaeffer's Market Recap
6/30/2021
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Stocks End First Half of 2021 With Sizable Wins


By: Lillian Currens

In what feels like the blink of an eye, the first half of 2021 has already come to a close, with all three major indexes locking in substantial growth so far this year. The Dow and Nasdaq have each added over 12% during the last six months, while the S&P 500 logged a roughly 14% return for the first two quarters -- its best first half of the year since 2019. All three major indexes also posted sizable quarterly wins -- their fifth straight --but only the S&P 500 and Nasdaq were able to secure monthly wins in June.

For today, markets were mixed as investors weighed upbeat employment and home sales data against bubbling fears of a global Covid-19 resurgence. The Dow settled with a 210-point pop, while the S&P 500 just barely eked out its fifth-straight record high. The Nasdaq, meanwhile, turned slightly lower. 

Continue reading for more on today's market, including:

  • Signals say bet on a bounce from Tractor Supply stock.  
  • Micron stock snagged a bull note before earnings tonight. 
  • Plus, a casino stock enjoying eased travel restrictions; why this drug stock could be a buy; and BBBY's earnings beat. 
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