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Paid Subscriber – Extreme Fear in control of stock market- Argan (AGX) becomes a 10X MultiBagger – Update 06/29/26

Do Dow Jones Industrial Average Additions do better then the Deletions?

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Position Trader
Jun 29, 2026
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  • Quant Weekly – Up over 86% since June 2025

  • Quant 30 – Up over 86% since June 2025

  • Legacy – Up over 390% since April 2023

  • Changes to the Quant Portfolios

  • Top Quant Stocks – Top Dividend Stocks + Performance Review

  • Education – Do Dow Jones Industrial Average Additions do better then the Deletions?

  • Argan (AGX) becomes the newest 10X MultiBagger in Legacy


USA Stock market week ending 06/26/26

  • S&P 500 (SPY): -2.7% – The broader market posted a notable weekly decline, giving back a portion of its recent gains.

  • Nasdaq Composite (^IXIC): -3.3% – Technology and growth stocks led the market lower, resulting in the weakest performance among the major indexes.

  • Dow Jones Industrial Average (DIA): +0.1% – The Dow finished essentially flat, showing relative resilience compared with the broader market.

  • Russell 2000 (IWM): +0.5% – Small-cap stocks outperformed the large-cap indexes and managed to post a modest weekly gain.


Market Drivers this Week (06/29/26 – 07/03/26)

Tuesday, 6/30 — Nike Earnings in Focus

Wednesday, 7/01 — Manufacturing, Jobs Preview, and Fed Speak

  • ISM Manufacturing PMI and ADP Employment Report are released in the morning.

  • Fed Chair Kevin Warsh is scheduled to speak at an ECB symposium in Portugal.

Thursday, 7/02 — Jobs Report Takes Center Stage

  • June Nonfarm Payrolls and Weekly Jobless Claims are released at 8:30 AM ET.

  • ISM Services PMI is also scheduled for release.

  • Markets close early at 1:00 PM ET ahead of the Independence Day holiday.

Friday, 7/03 — Markets Closed


The CNN Fear and Greed Index ends the week at 25 in the Extreme Fear area. This is the first week in the Extreme Fear area after spending three weeks in a row in the Fear area. Caution is advised in adding new positions for short term gain in this Risk Off environment.


The Quant Model Portfolios all faired well considering the S&P 500 and Nasdaq both saw sizable drops last week. All three Model Portfolios had small loses. Argan (AGX) became a 10X MultiBagger this week for the first time.

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