MaR Dec 30 2020

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Market Report for Dec 30 2020

No price is too high or too low if you know how to manage risk.

Market Trend:

Market YTD:
Nasdaq Composite +43.2% YTD
Russell 2000 +17.4% YTD
S&P 500 +15.4% YTD
Dow Jones Industrial Average +6.3% YTD

Market Volume:
NYSE Vol: 724 mln
Nasdaq Vol: 4.6 bln

New Positions:

Growth Portfolio % of Return:
Stocks: +1710.39
FX & Comms: -5.25

PORT Dec 30 2020

The three main indexes opened Tuesday’s session at new highs but closed slightly negative for the day. As I mentioned before, this is quite common as we lead up to the close of the year and the main reason we are not buying at this time.

Volume levels on the Nasdaq were normal but NYSE was lower than usual so the direction of money has been focussed.

Our biggest gainer was XPEV at over 9%.

Our biggest loser was EDIT at over 11%.

Futures are up as of 5am GMT / 12am EST.

Let’s go trade!