MaR Jun 23 2020

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Market Report for Jun 23 2020

One good decision

New Positions:
None

Trade Zones:
BEAM
FIVN
MODN
NVMI

Market Trend:
Up

Market YTD:
Nasdaq Composite +1.1% YTD
S&P 500 -3.5% YTD
Dow Jones Industrial Average -8.8% YTD
Russell 2000 -14.1% YTD

Market Volume:
NYSE Vol: 1.1B
Nasdaq Vol: 4.4B

Comments:
Peter Navvaro’s poorly chosen words yesterday regarding the US-China deal pushed the markets down as the session ended but recovered some of those losses later on after the comments were clarified and a tweet from Donald Trump.

Mega-cap tech stocks boost the Nasdaq to a new record close.

AAPL announced at their event they will no longer be using Intel chips and start using their own Apple Silicon chips.

From our portfolio, BL, NFLX, MSFT, ZM all hit ATHs.

PORT Jun 23 2020

Lets go trade!