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 (more…)

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. (more…)

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 (more…)

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: (more…)

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 (more…)

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 (more…)

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 (more…)

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 (more…)

Market Report for Dec 01 2020

Trade Zones:
AMCR (sub $15)

Market Trend:
Up

Market YTD:
Nasdaq Composite +36.0% YTD
S&P 500 +12.1% YTD
Russell 2000 +9.1% YTD
Dow Jones Industrial Average +3.9% YTD

Market Volume:
NYSE Vol: 1.9 bln (A)
Nasdaq Vol: 7.5 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1458.32
FX & Comms: -3.08 (Gold exit @1775 with 5.33% loss)

Comments:
November ended negative with Nasdaq Composite -0.06%, S&P 500 -0.46% (more…)