The parabolic AI and semiconductor-led rally may have peaked over the short-term this week, retreating from all-time highs as a stronger-than-expected jobs report raised expectations for a more hawkish monetary policy stance.
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Opinion Changes For June 5th 2026
Just some of the more than 5,000 stocks and ETFs we cover.
LAUR
NEUTRAL
LAUREATE EDUCATION 'A'
↑ Upgraded to Neutral
$33.82
CC
NEUTRAL
CHEMOURS CO (THE)
↓ Downgraded to Neutral
$20.5
LSAK
AVOID
Lesaka Technologies Inc. Common Stock
↓ Downgraded
$4.76
MarketEdge Feed
A June Swoon?
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Tech Slump Deepens
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Technology stocks crumbled with the NASDAQ posting its largest one-day decline since the onset of the 2025 Liberation Day tariff selloff.
Stocks Surge Into June
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The technical condition of the market remains positive, as the major averages continue to notch new record highs. The technical indicators are positive with MACD - a short-term trend gauge - in bullish ground, while Momentum, as measured by the 14-day RSI, is strong but in overbought territory for the S&P 500 and NASDAQ. Stochastics, which are in the low 90's, also indicate overbought conditions.
Trading Ideas For June 5th 2026
A few picks from today's Best Longs.
QURE
LONG
UNIQURE NV
↑ Upgraded
$27.64
RVMD
LONG
Revolution Medicines Inc
↑ Upgraded
$148.9
HRI
LONG
HERC HOLDINGS
↑ Upgraded
$133.85
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Second Opinion Status
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Market Recap - 06/05/2026
Index
Close
Day Change
Day % Change
YTD % Change
NASDAQ COMPOSITE
25709.43
-1121.53
-4.18%
10.62%
DJ UTILITIES
1110.3
10.77
0.98%
3.95%
DJ TRANSPORT
21913.53
140.5
0.65%
26.25%
DJ INDUSTRIALS
50866.78
-695.15
-1.35%
5.83%
NYSE COMPOSITE
23256.5
-316.27
-1.34%
5.69%
S & P 100 INDEX
3647
-110.13
-2.93%
6.25%
RUSSELL 2000
2833.5
-101.83
-3.47%
14.17%
S&P 500
7383.74
-200.57
-2.64%
7.86%
CBOE MKT VOLATILITY
21.51
6.11
39.68%
43.88%
AMEX COMPOSITE
8404.7
-383.77
-4.37%
22.4%
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Second Opinion Status
Click For More DetailsMarket Recap - 06/05/2026
| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 25709.43 | -1121.53 | -4.18% | 10.62% |
| DJ UTILITIES | 1110.3 | 10.77 | 0.98% | 3.95% |
| DJ TRANSPORT | 21913.53 | 140.5 | 0.65% | 26.25% |
| DJ INDUSTRIALS | 50866.78 | -695.15 | -1.35% | 5.83% |
| NYSE COMPOSITE | 23256.5 | -316.27 | -1.34% | 5.69% |
| S & P 100 INDEX | 3647 | -110.13 | -2.93% | 6.25% |
| RUSSELL 2000 | 2833.5 | -101.83 | -3.47% | 14.17% |
| S&P 500 | 7383.74 | -200.57 | -2.64% | 7.86% |
| CBOE MKT VOLATILITY | 21.51 | 6.11 | 39.68% | 43.88% |
| AMEX COMPOSITE | 8404.7 | -383.77 | -4.37% | 22.4% |
Pricing
BEST VALUE
Annual
$500
$325
/yr
Big Savings
Monthly
$49.95
$29.95
/mo
Cancel anytime
✓
Daily Second Opinion® on 5,000+ stocks
✓
Nightly alerts on your watchlist
✓
Trading Ideas, Power Ratings & more
No commitment · Cancel anytime
About MarketEdge
MarketEdge is a unique suite of investment tools developed by Computrade Systems, Inc. The purpose of our service is to provide quality, independent research in a manner that is both easily understandable and immediately actionable for individual investors as well as professional money managers. MarketEdge features Second Opinion®, a comprehensive computer-generated technical evaluation of more than 5000 stocks, along with fundamental research from Standard & Poor's. MarketEdge will generate daily investment ideas for every type of trading strategy thereby enabling one to trade and invest with a consistent, disciplined approach in all market environments.