Market Report for Feb 14 2020

New Positions:
None

Trade Zones:
APO
CDNS

Market Trend:
Up

Market YTD:
Nasdaq Composite +8.2% YTD
S&P 500 +4.4% YTD
Dow Jones Industrial Average +3.1% YTD
Russell 2000 +1.5% YTD

Market Volume:
NYSE Vol: 816M
Nasdaq Vol: 2.2B

Key U.S. News:
Retail Sales
Retail Sales Ex Auto

Comments:
China reported an increase in the number of Coronavirus cases which may have been the reason for the negative Futures yesterday but that changed during the session with the Indices climbing back. Although the bell ended with flat to negative, it was better than the session open. The Russell 2000 was the biggest gainer.

It’s a long weekend for Dynamic Traders as Monday is Presidents Day so the market will be closed. Enjoy the long weekend.

Lets go trade!