Market Report for June 1 2020

Video length: 19 mins

New Positions:
None

Trade Zones:
AAON
AMZN
APPF
AXP
CLX
DBX
DOCU
FBHS
GSX
HLNE
ICE
JKHY
MAS
NFLX
RBA
SAIA
SNAP
TER
TREX
WGO

Market Trend:
Up

Market YTD:
Nasdaq Composite +5.8% YTD
S&P 500 -5.8% YTD
Dow Jones Industrial Average -11.1% YTD
Russell 2000 -16.5% YTD

Market Volume:
NYSE Vol: 2.4B
Nasdaq Vol: 4.6B

Comments:
Some heavy volume on Friday and stocks recoup losses after President Trump’s press conference on China.

The S&P 500 gained 0.5% on Friday wrapping up a positive week and month and is dealing above the DVI and w50MA. It is now just less than 6% negative for the year.

Monday we will continue to buy into this market.

Lets go trade!