MaR Jan 31 2020

  • Post author:

New Positions:
None

Trade Zones:
Stand aside

Market Trend:
Up

Market YTD:
Nasdaq Composite +3.6% YTD
S&P 500 +1.6% YTD
Dow Jones Industrial Average +1.1% YTD
Russell 2000 -1.2% YTD

Market Volume:
NYSE Vol: 880M
Nasdaq Vol: 2.3B

Key U.S. News:
Personal Income
Personal Spending
PCE Prices
PCE Prices Core

Comments:
Stocks recoup losses after World Health Organisation declared coronavirus a global health emergency but did not recommend travel or trade restrictions.

With today being the last trading day of the week, we will again be standing aside and watching if the market can build on yesterdays bullish session end. All current positions are intact and no amendment has been made.

Have a good weekend.

MaR Jan 31 2020

Lets go trade!