Stock Market Outlook For Fri Jun 13 2025 – Still Higher

Prior Trading Day Summary:

On Thu Jun 12 2025 stocks dipped to start the day as the Weekly Initial Unemployment Insurance Claims came in slightly higher than estimated at 248,000. This seemed to spook investors who opened the day with the SPX lower. Through the day investors bought and pushed the index higher by the close on both the SPX and NASDAQ.

The SPX closed up 23 points to 6045. Trading volume fell to 4.7 billion shares but 55% of all stocks were rising by the close.

The NASDAQ closed up 46 points to 19662. Volume was the highest of the year coming in at 17 billion shares. 77% of the volume was moving higher by the close.

Lets review the SPX technical indicators from the close on Thu Jun 12 2025 to see what we should expect for Fri Jun 13 2025.

Stock Market Outlook: SPX Closing Chart For Thu Jun 12 2025

The index closed above all major moving averages and at the Upper Bollinger Band. This is bullish.

The closing candlestick is bullish for Friday with no shadows. Normally this indicates the morning could open lower and then climb.

The 21 day moving average is rising and closed at 5939 which is bullish. There are now just two down signals left from the March 7 and Mar 14.

The 50 day moving average is rising and closed at 5661 which is bullish. The 50 day is turning higher toward the 200 day and could move above it by next week.

The 100 day moving average is rising and closed at 5771 which is bullish.

The 200 day moving average is rising and closed at 5698 which is bullish.

The Lower Bollinger Band is above the 100 day  but falling. The Upper Bollinger Band is moving higher within the Bollinger Bands Squeeze. At present it looks like the index could fall back as the squeeze gets underway but it is too early to give much of an accurate reading.

For Fri Jun 13 2025 the SPX chart is more bullish than bearish but some signals are still advising caution.

SPX Stock Market Outlook review of Thu Jun 12 2025

Stock Market Outlook: Technical Indicators Review

Stock Market Outlook for Fri Jun 13 2025 

For Fri Jun 13 2025 stocks may be weak to start thanks to the international news of Israel attacking targets in Iran. If the market does open lower, don’t expect it to stay lower. The index is positioned to move still higher on Fri Jun 13 2025.

Potential Economic and Political Market Moving Events

Monday:

10:00 Wholesale inventories were better than estimated, coming in at 0.2% versus 0.4% prior

Tuesday:

6:00 NFIB optimism index rose more than expected to 98.8

Wednesday:

8:30 Consumer Price Index rose just 0.1%, below estimates

8:30 CPI year-over-year came in as estimated at 2.4%

8:30 Core CPI was lower than estimated, at 0.1%

8:30 Core CPI year-over-year was below estimates at 2.8%

2:00 Monthly US Federal Budget is estimated at -$310 billion.

Thursday:

8:30 Weekly Initial Unemployment Insurance Claims came in higher than estimated at 248,000

8:30 Producer Price Index was lower than estimated at 0.1%

8:30 Core PPI was well below estimates coming in at 0.1%

8:30 PPI year-over-year was higher than estimated coming in at 2.6%

8:30 Core PPI year-over-year came in lower than estimated at 2.7%.

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