MaR Jul 22 2020

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Good payout

New Positions:

Trade Zones:
Standing aside

Market Trend:

Market YTD:
Nasdaq Composite +19.0% YTD
S&P 500 +0.8% YTD
Dow Jones Industrial Average -6.0% YTD
Russell 2000 -10.9% YTD

Market Volume:
NYSE Vol: 898 mln
Nasdaq Vol: 5.3 bln

Weakness in tech took Nasdaq Composite down 0.8% but Dow Jones Industrial Average and S&P 500 both ended the session higher.

MSFT and TSLA earnings are both out today after the close. A good reason to stand aside.

As we will be away for the next couple of days, this will be the last MaR for this week. The weekly webinar will be on Sunday at 10am so please join me for that when we go through what happened on the market this week and the outlook for the coming week.

PORT Jul 22 2020

Lets go trade!