Schlumberger is very bearish due to falling oil prices, as it's in the oil service sector.
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askSlim Market Week 07/02/26 - Analysis of Financial Markets
Jul 2, 2026
The creator discusses the stock market's performance for the week ending July 2nd, 2026, noting strong breadth despite rotational trading. He mentions selling the Nasdaq (NQ) due to weakness in the South Korean Cosby index and anticipates a potential trade in the bond market. The brief also touches on employment numbers and the market condition monitor.
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Tickers discussed in this post
Baker Hughes is very bearish due to falling oil prices, as it's in the oil service sector.
KLAC is listed as one of the top 10 very bearish short-term symbols.
Vale is listed as one of the top 10 very bearish short-term symbols.
Oracle is listed as one of the top 10 very bearish short-term symbols.
ServiceNow is listed as one of the top 10 very bearish short-term symbols.