The year 2020 was one of the most difficult trading times I have experienced since my trading journey began almost 20 years ago. A crash at speeds never seen before due to a pandemic which we have never experienced before.
We have been long since the COVID crash in 2020 when the market started to boom. In fact, our first position was in ZM and this was while the crash was taking place. Our next
Market Report for Dec 25 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.7% YTD
Russell 2000 +20.1% YTD
S&P 500 +14.6% YTD
Dow Jones Industrial Average +5.8% YTD
Market Volume Half Day:
NYSE Vol: 381 mln
Nasdaq Vol: 3.2 bln
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1965.18
FX & Comms: -5.25
Below is the Swing Portfolio.
Comments:
The markets were only open for 4 hours so we can\t gauge any meaningful information
Market Report for Dec 24 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.3% YTD
Russell 2000 +20.3% YTD
S&P 500 +14.2% YTD
Dow Jones Industrial Average +5.6% YTD
Market Volume:
NYSE Vol: 813 mln (B)
Nasdaq Vol: 6.9 bln (A)
New Positions:
DBX @24.95
Growth Portfolio % of Return:
Stocks: +2019.73
FX & Comms: -5.25
Comments:
Another tight ranged session but with heavy volume on the Nasdaq. The Dow Jones Industrial Average was the biggest
Market Report for Dec 23 2020
During trends, most of the bargains occur in stocks before the momentum moves in December so buying and positioning in November or earlier is often the key to capitalizing on any Santa Claus rally or market momentum. It is often the institutional investor adding or dumb money last-minute shopping that makes up much of the day to day volume before Christmas. Remember, f you want to beat the market,
Market Report for Dec 22 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.0% YTD
Russell 2000 +18.1% YTD
S&P 500 +14.4% YTD
Dow Jones Industrial Average +5.9% YTD
Market Volume:
NYSE Vol: 1.1 bln (A)
Nasdaq Vol: 5.1 bl (A)
New Positions:
EDIT @78.93
NVTA @49.90
Growth Portfolio % of Return:
Stocks: +2072.03
FX & Comms: -5.25
Comments:
Volume levels are higher than normal. Volatility is increasing. Watch how this market plays out and be
Market Report for Dec 19 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.2% YTD
Russell 2000 +18.1% YTD
S&P 500 +14.8% YTD
Dow Jones Industrial Average +5.8% YTD
Market Volume:
NYSE Vol: 3.1 bln (A)
Nasdaq Vol: 7 bln (A)
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1945.65
FX & Comms: -5.25
Comments:
All the major averages ended the session in the red slightly on Friday. It seems they were having a breather
Market Report for Dec 18 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.3% YTD
Russell 2000 +18.6% YTD
S&P 500 +15.2% YTD
Dow Jones Industrial Average +6.2% YTD
Market Volume:
NYSE Vol: 958 mln (A)
Nasdaq Vol: 4.9 bln (A)
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1872.91
FX & Comms: -5.25
Comments:
Thursday saw each of the major indices closing at record highs. However, worth noting that the Dow Jones Industrial Average
Market Report for Dec 17 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +41.1% YTD
Russell 2000 +17.0% YTD
S&P 500 +14.6% YTD
Dow Jones Industrial Average +5.7% YTD
Market Volume:
NYSE Vol: 953 mln (A)
Nasdaq Vol: 4.5 bln (A)
New Positions:
FRC – swing
Growth Portfolio % of Return:
Stocks: +1782.32
FX & Comms: -5.25
Comments:
The Nasdaq Composite gained 0.50% followed by the S&P 500 which gained 0.18%. The Dow Jones Industrial Average
Market Report for Dec 16 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +40.4% YTD
Russell 2000 +17.5% YTD
S&P 500 +14.4% YTD
Dow Jones Industrial Average +5.8% YTD
Market Volume:
NYSE Vol: 923 mln (A)
Nasdaq Vol: 4.3 bln (A)
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1742.31
FX & Comms: -5.25
Comments:
More than 1% move up across the major indices on Tuesday. As mentioned on the weekly webinars, do not count
Market Report for Dec 15 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +38.6% YTD
Russell 2000 +14.7% YTD
S&P 500 +12.9% YTD
Dow Jones Industrial Average +4.6% YTD
Market Volume:
NYSE Vol: 1.0 bln (A)
Nasdaq Vol: 4.4 bln (A)
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1681.76
FX & Comms: -5.25
Comments:
The Pfizer and BioNTech vaccines started to roll out in the U.S. but that was of no surprise to the