Market Report for June 1 2020
Video length: 19 mins
Nasdaq Composite +5.8% YTD
S&P 500 -5.8% YTD
Dow Jones Industrial Average -11.1% YTD
Russell 2000 -16.5% YTD
NYSE Vol: 2.4B
Nasdaq Vol: 4.6B
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!