Market Report for Apr 30 2020
New Positions:
None
Trade Zones:
None
Market Trend:
Up
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
Comments:
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.
Lets go trade!