MaR May 28 2020

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Market Report for May 28 2020

MAR May 28 2020

New Positions:
FB

Trade Zones:
CNC
LBRDK
SPAR
TDOC
VICR

Market Trend:
Up

Market YTD:
Nasdaq Composite +4.9% YTD
S&P 500 -6.0% YTD
Dow Jones Industrial Average -10.5% YTD
Russell 2000 -13.9% YTD

Market Volume:
NYSE Vol: 1.1B
Nasdaq Vol: 4.4B

Comments:
Bullish trends prevail and value stocks are currently lifting the market higher as a short or perhaps longer-term rotation takes place. Tech has been the underperformer for two days but this might just be tree shaking. Look for support levels to help maintain the trends on individual stocks.

We have an entry to order on GOLD which at the time of writing has not triggered.

GOLD May 28 2020

Lets go trade!