Pre-market stock index futures are trading above fair value, with an anticipated bullish bias due to month-end and an upcoming Federal Reserve meeting that could introduce volatility. Bitcoin is performing well, currently on a buy signal following a recent conference, while Ethereum remains on a sell signal. The VIX is on a buy signal, indicating potential negativity for a few stocks, though the broader market and big-cap tech stocks are showing mixed signals. Significant moves include the Dow's notable performance on Friday, spurred by a remarkable surge in 3M (NYSE:MMM)'s stock, while other non-AI stocks like Johnson & Johnson and Coca-Cola (NYSE:KO) also hit new highs.
This content was originally posted on the Stock Market Timing YouTube Channel