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!