MaR May 08 2020

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Market Report for May 08 2020

Current Positions:
LLY
MSFT
NFLX
ZM

Trade Zones:
Stand aside for NFP

Market Trend:
Up

Market YTD:
Nasdaq Composite +0.1% YTD
S&P 500 -10.8% YTD
Dow Jones Industrial Average -16.3% YTD
Russell 2000 -23.1% YTD

Market Volume:
NYSE Vol: 955M
Nasdaq Vol: 3.7B

Key U.S. News:
NFP day

Comments:
Small indecisive bars on the markets today but Nasdaq continues to lead, although closing a little below 9000, it has now moved back into positive territory for 2020. Energy and Financials were the strongest while Healthcare lagged.

Enjoy the long weekend.

Lets go trade!