Market Report for Jul 10 2020
Nasdaq Composite +17.6% YTD
S&P 500 -2.4% YTD
Dow Jones Industrial Average -9.9% YTD
Russell 2000 -16.2% YTD
NYSE Vol: 972 mln
Nasdaq Vol: 4.0 bln
Our concentration from the start of the bull run has been in tech. Nasdaq Composite was the only gainer yesterday as the mage-cap tech stocks continues to pull their weight. A weak performance by S&P 500 and Dow Jones.
WTI crude drops to below $40 per barrel and Gold pulls back slightly from 9 year high.
We might see profit-taking today so standing aside until Monday is very acceptable.
Don’t forget to tune into the weekly webinar on Sunday at 10am BST.
Lets go trade!