MaR Apr 30 2020

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Market Report for Apr 30 2020

New Positions:

Trade Zones:

Market Trend:

Market YTD:
Nasdaq Composite -0.7% YTD
S&P 500 -9.0% YTD
Dow Jones Industrial Average -13.7% YTD
Russell 2000 -18.4% YTD

Market Volume:
NYSE Vol: 1.2B
Nasdaq Vol: 4.3B

Key U.S. News:
Initial Claims
Continuing Claims
Personal Income
Personal Spending
PCE Prices
PCE Prices Core
Chicago PMI

Market rally to their highest close since early March. MSFT, GOOG, TSLA and FB move up overnight.

The Fed keeps the rates unchanged and WTI crude rise.

The S&P 500 is just over 2% away from the DVI so watch for the reaction from here.

Lots of U.S. news due out today so be prepared for any bearishness should they fail to beat expectation.

MAR Apr 30 2020

Lets go trade!