MaR Apr 13 2020

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Market Report for Apr 13 2020

Video length: 33 mins

New Positions:
None

Trade Zones:
AMD
BMY
CDLX
GMAB
GSX
IPHI
TEAM
VRTX

Market Trend:
Up

Market YTD:
Nasdaq Composite -9.1% YTD
S&P 500 -13.7% YTD
Dow Jones Industrial Average -16.9% YTD
Russell 2000 -25.3% YTD

Market Volume:
NYSE Vol: 1.51B
Nasdaq Vol: 4.10B

Key U.S. News:
None

Comments:
Last trading session on Thursday left the major averages hanging near resistance zones with indecision looking bars. We are currently in CPM so whatever happens on the market makes no difference to us as we are awaiting price to first shows its hand then we can decide on  he action we want to take. Right now, price looks closer to breaking out so in the video are our potential trade candidates if price moves in that direction.

Lets go trade!