MaR May 19 2020

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Market Report for May 19 2020

MAR May 19 2020

New Positions:
None

Trade Zones:
AAPL
CCXI
ECL
FB
IRBT
KHC
KR
MMSI
STE

Market Trend:
Up

Market YTD:
Nasdaq Composite +2.9% YTD
S&P 500 -8.6% YTD
Dow Jones Industrial Average -13.8% YTD
Russell 2000 -20.1% YTD

Market Volume:
NYSE Vol: 1.2B
Nasdaq Vol: 4.3B

Comments:
Stocks rallied with Futures providing the momentum in the morning and the session took over from there. The S&P 500 and others still need to break above their DVI but we are going in the right direction.

We continue to look to buy into this market unless there is failure at the DVI or price starts breaking support levels.

All the indices are getting closer to turning positive for the year once again.

Lets go trade!