Market Report for Dec 24 2020
Nasdaq Composite +42.3% YTD
Russell 2000 +20.3% YTD
S&P 500 +14.2% YTD
Dow Jones Industrial Average +5.6% YTD
NYSE Vol: 813 mln (B)
Nasdaq Vol: 6.9 bln (A)
Growth Portfolio % of Return:
FX & Comms: -5.25
Another tight ranged session but with heavy volume on the Nasdaq. The Dow Jones Industrial Average was the biggest gainer followed by the S&P 500 and the Nasdaq Composite lost almost as much as the leader gained.
As I mentioned previously, now is really not the time to be opening positions unless you really need to. In our case, we are well-positioned since the end of October but will buy small positions on stocks we have an interest in.
SPCE was the biggest gainer yesterday at over 5%.
OPEN was the biggest loser at over 8%.
As it is Christmas eve, the markets will close early at 6pm GMT/1pm EST.
Have a wonderful holiday and Merry Christmas to you all.
Let’s go trade!