Market Report for Dec 13 2020
Video length: 49 mins
Trade Zones:
WD
Market Trend:
Up
Market YTD:
Nasdaq Composite +38.0% YTD
Russell 2000 +14.6% YTD
S&P 500 +13.4% YTD
Dow Jones Industrial Average +5.3% YTD
Market Volume:
NYSE Vol: 909 mln
Nasdaq Vol: 4.2 bln
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1695.39
FX & Comms: -5.25
Comments:
Noise might be on the agenda near term but we might get sight
Market Report for Dec 11 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +38.3% YTD
Russell 2000 +15.2% YTD
S&P 500 +13.5% YTD
Dow Jones Industrial Average +5.1% YTD
Market Volume:
NYSE Vol: 966 mln (A)
Nasdaq Vol: 4.4 bln (A)
New Positions:
XPEV @44.49
Growth Portfolio % of Return:
Stocks: +1785.76
FX & Comms: -5.25
Comments:
Attention was on small-caps, energy stocks and of course ABNB which was up 112% from the original IPO value
Market Report for Dec 10 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +37.5% YTD
Russell 2000 +14.0% YTD
S&P 500 +13.7% YTD
Dow Jones Industrial Average +5.4% YTD
Market Volume:
NYSE Vol: 1.1 bln
Nasdaq Vol: 5.1 bn
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1574.72
FX & Comms: -5.25
Comments:
Each of the major indices began at record highs on Wednesday but a decline led by Nasdaq Composite continued throughout the day.
Market Report for Dec 09 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +40.2% YTD
Russell 2000 +14.9% YTD
S&P 500 +14.6% YTD
Dow Jones Industrial Average +5.7% YTD
Market Volume:
NYSE Vol: 911 mln (B)
Nasdaq Vol: 4.7 bln (A)
New Positions:
ZG @116.17 (Swing)
Growth Portfolio % of Return:
Stocks: +1767.35
FX & Comms: -5.25
Comments:
News of vaccines and stimulus chatter gave Santa’s reindeer’s energy to turnaround pre-market weakness to end of day
Market Report for Dec 08 2020
Waiting for pullbacks in stocks you own or stocks you want to own is a good way to compound or enter.
Market Trend:
Up
Market YTD:
Nasdaq Composite +39.5% YTD
S&P 500 +14.3% YTD
Russell 2000 +13.4% YTD
Dow Jones Industrial Average +5.4% YTD
Market Volume:
NYSE Vol: 926 mln (A)
Nasdaq Vol: 4.7 bln (A)
New Positions:
None
Portfolio % of Return:
Stocks: +1712.13
FX & Comms: -5.25
Comments:
Market Report for Dec 06 2020
Video length: 52 mins
Trade Zones:
IMVT
Market Trend:
Up
Market YTD:
Nasdaq Composite +38.9% YTD
S&P 500 +14.5% YTD
Russell 2000 +13.4% YTD
Dow Jones Industrial Average +5.9% YTD
Market Volume:
NYSE Vol: 975 mln (A)
Nasdaq Vol: 5 bln (A)
New Positions:
SNOW @297.88
Portfolio % of Return:
Stocks: +1542.12
FX & Comms: -5.6
Comments:
The market is still suggesting bullishness long term but watch for possible
Market Report for Dec 04 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +37.9% YTD
S&P 500 +13.5% YTD
Russell 2000 +10.8% YTD
Dow Jones Industrial Average +5.0% YTD
Market Volume:
NYSE Vol: 980 mln (A)
Nasdaq Vol: 5.1 bln (A)
New Positions:
SNOW @297.88
Portfolio % of Return:
Stocks: +1460.51
FX & Comms: -5.6
Comments:
The major averages gave up some of their gains late in the session on disappointing COVID vaccine news from Pfizer
Healthcare will continue to be on interest to investors.
After France and Spain, the U.K. has the next largest number of coronavirus cases in Europe.
The U.K. is the first to approve the coronavirus vaccine and grant emergency approval to Pfizer and BioNTech and will now see other countries follow soon.
Regulators in the U.S. and Europe are yet to decide on granting emergency use of the vaccine.
U.K. has an agreement for 40 mln
Market Report for Dec 03 2020
Trade Zones:
GRMN
LASR
Market Trend:
Up
Market YTD:
Nasdaq Composite +37.6% YTD
S&P 500 +13.6% YTD
Russell 2000 +10.2% YTD
Dow Jones Industrial Average +4.7% YTD
Market Volume:
NYSE Vol: 997 mln (B)
Nasdaq Vol: 5.1 bln (A)
New Positions:
NIO @45.26
Portfolio % of Return:
Stocks: +1378.91
FX & Comms: -5.6
Comments:
The markets struggled at the start but the S&P 500 managed to close at a record
Market Report for Dec 02 2020
Trade Zones:
SLGN
Market Trend:
Up
Market YTD:
Nasdaq Composite +37.7% YTD
S&P 500 +13.4% YTD
Russell 2000 +10.1% YTD
Dow Jones Industrial Average +4.5% YTD
Market Volume:
NYSE Vol: 1.1 bln (A)
Nasdaq Vol: 6.4 bln (A)
New Positions:
None
Portfolio % of Return:
Stocks: +1400.25
FX & Comms: -5.6
Comments:
That’s two consecutive days of heavy volume and the latter saw the S&P 500 and Nasdaq Composite close