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.
Lets go trade!