MaR Jan 13 2020

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Video length: 3.54 mins

New Positions:
None

Trade Zones:
EVER
RH
RNG

Market Trend:
Up

Market YTD:
Nasdaq Composite +2.3% YTD
S&P 500 +1.1% YTD
Dow Jones Industrial Average +1.0% YTD
Russell 2000 -0.7% YTD

Market Volume:
NYSE Vol: 779M
Nasdaq Vol: 2.5B

Key U.S. News:
CPI
Core CPI

Comments:
Stock market closes lower on Friday after some profit-taking which might be as a result of weaker than expected December employment report.

From Monday we can now start to get back into the market if the profit-taking was limited to Friday. A follow-through of that on Monday and we might want to stand aside. We can gauge the mood from Futures.

Have a good weekend.

MaR Jan 13 2020

Lets go trade!