Market Report for Dec 18 2020
Market Trend:
Up
Market YTD:
Nasdaq Composite +42.3% YTD
Russell 2000 +18.6% YTD
S&P 500 +15.2% YTD
Dow Jones Industrial Average +6.2% YTD
Market Volume:
NYSE Vol: 958 mln (A)
Nasdaq Vol: 4.9 bln (A)
New Positions:
None
Growth Portfolio % of Return:
Stocks: +1872.91
FX & Comms: -5.25
Comments:
Thursday saw each of the major indices closing at record highs. However, worth noting that the Dow Jones Industrial Average is the only one that is moving sideways in recent days.
We did not need to buy into the market as we are already quite well-positioned in advance and enjoying the accumulation. With our 30 or so positions, only 4 are actually in the red while all others are positive.
Time to relax and enjoy the weekend.
Let’s go trade!