Market Report Nov 17 2021

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Market Report for Nov 17 2021

Sell when you can, not when you have to.

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

Market YTD:
S&P 500 +25.2% YTD
Nasdaq Composite +23.9% YTD
Russell 2000 +21.8% YTD
Dow Jones Industrial Average +18.1% YTD

Market Volume:
NYSE Vol: 787 mln (Below)
Nasdaq Vol: 5.4 bln (Above)

New Swing Positions:
EURUSD Short @1.1349 This is a compound and both positions stop are @1.1305 and very likely to be stopped out with good profit this morning.

Comments:
A bullish day with all the indices enjoying some buying.

We have axed ZG from our Swing portfolio and added RBLX into our Growth portfolio.

Crypto is has been retreating in recent times but yesterday BTCUSD found itself being supported at the d50MA.

Be ready and prepared.

Let’s go trade!