Market Report for Feb 19 2020
New Positions:
None
Trade Zones:
MRCY
PAAS – Earnings due
Market Trend:
Up
Market YTD:
Nasdaq Composite +8.5% YTD
S&P 500 +4.3% YTD
Dow Jones Industrial Average +2.4% YTD
Russell 2000 +0.9% YTD
Market Volume:
NYSE Vol: 916M
Nasdaq Vol: 2.2B
Key U.S. News:
PPI
Core PPI
Housing Starts
Building Permits
Comments:
AAPL issued a revenue warning for March quarter due to the coronavirus and their next event is rumoured to be in March.
S&P 500 closed lower but Nasdaq printed a new closing record. Gold is finding a little strength once again so we might be seeing some movement of money.
Lets go trade!