Market Report for Jan 25 2022

Market Trend:
S&P 500 = Mixed
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -5.4% YTD
S&P 500 -7.5% YTD
Russell 2000 -9.4% YTD
Nasdaq Composite -11.4% YTD

Market Volume:
NYSE Vol: 1.5 bln
Nasdaq Vol: 6.9 bln

Comments:
Big volume on Monday which was mainly due to first the sellers taking over the market then the buyers all over it.

These were the swings:
Dow Jones (more…)

Market Report for Jan 21 2022

Market Trend:
S&P 500 = Mixed
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -4.5% YTD
S&P 500 -6.0% YTD
Russell 2000 -9.9% YTD
Nasdaq Composite -9.5% YTD

Market Volume:
NYSE Vol: 941 mln (Below)
Nasdaq Vol: 5.0 bln (Below)

Comments:
Same tricks, different day for the markets. As expected and as was discussed in our trading forum, the market starts with a positive premarket and closes (more…)

Market Report for Jan 20 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -3.6% YTD
S&P 500 -4.9% YTD
Russell 2000 -8.1% YTD
Nasdaq Composite -8.3% YTD

Market Volume:
NYSE Vol: 942 mln (Below)
Nasdaq Vol: 4.6 bln (Below)

Comments:
Volume was not excessive but we did have a bearish Wednesday after a positive Futures. Seemed like there was some selling into strength as the market (more…)

Market Report for Jan 19 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -2.7% YTD
S&P 500 -4.0% YTD
Russell 2000 -6.6% YTD
Nasdaq Composite -7.3% YTD

Market Volume:
NYSE Vol: 1.0 bln (Above)
Nasdaq Vol: 5.0 bln (Above)

Comments:
We all know by now there is a good likelihood of a few interest rate hikes but it seems this might be news to others as (more…)

Market Report for Jan 14 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -0.6% YTD
S&P 500 -2.3% YTD
Russell 2000 -3.8% YTD
Nasdaq Composite -5.4% YTD

Market Volume:
NYSE Vol: 8.41 mln (Below)
Nasdaq Vol: 4.2 bln (Below)

Comments:
The 10-yr came down to 1.71% which os also a support level. However, that did not help the market.  The Nasdaq Composite weighed down the market (more…)

Market Report for Jan 13 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -0.1% YTD
S&P 500 -0.8% YTD
Nasdaq Composite -2.9% YTD
Russell 2000 -3.1% YTD

Market Volume:
NYSE Vol: 854 mln (Below)
Nasdaq Vol: 4.3 bln (Below)

Comments:
Based on volume levels, we see a lack of conviction during Wednesdays session although all the indices we follow closed positive. All sectors excluding Financials and (more…)

Market Report for Jan 11 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Mixed

Market YTD:
Dow Jones Industrial Average -0.7% YTD
S&P 500 -2.0% YTD
Russell 2000 -3.3% YTD
Nasdaq Composite -4.5% YTD

Market Volume:
NYSE Vol: 1 bln (Above)
Nasdaq Vol: 5.2 bln (Above)

New Swing Positions:
NET @101.50

Comments:
A fairly volatile looking session which at one stage so the Nasdaq Composite down 2.7% but then went on on and managed (more…)

Market Report for Jan 07 2022

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
Dow Jones Industrial Average -0.3% YTD
S&P 500 -1.5% YTD
Russell 2000 -1.7% YTD
Nasdaq Composite -3.6% YTD

Market Volume:
NYSE Vol: 912 mln (Below)
Nasdaq Vol: 4.7 bln (Below)

Comments:
On a prior NFP day we should not expect much in general but the reason was not just because of NFP. Stocks were under pressure as (more…)