MaR Mar 25 2020

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Market Report for Mar 25 2020

New Positions:
ZM

Trade Zones:
Watching at presents.

Market Trend:
Sideways

Market YTD:
Nasdaq Composite: -17.3%`
S&P 500: -24.3%
Dow Jones Industrial Average: -27.5%
Russell 2000: -34.3%

Market Volume:
NYSE Vol: 1.7B
Nasdaq Vol: 4.3B

Key U.S. News:
EIA Crude Oil Inventories

Comments:
S&P 500 rebounds nearly 10% and had its best day since 2008. The Dow bounces with its largest point gain and had its best day since 1983. However, it is also on track for its worst month since March 1987.

Nothing has really changed on the stock market at present. The overall trend is still bearish but yesterday was a good sign but just the first step.

We exited our spread bet on ZM @152.00 and bought shares at a lower price yesterday.

ZM

Lets go trade!