MaR Nov 05 2020

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Market Report for Nov 05 2020

To buy the best stocks, you need to look in the right place

We have spent most of our time this year in tech for the best stocks.

Trade Zones:
Stand aside

Market Trend:
Up

Market YTD:
Nasdaq Composite +29.2% YTD
S&P 500 +3.6% YTD
Dow Jones Industrial Average -2.4% YTD
Russell 2000 -3.2% YTD

Market Volume:
NYSE Vol: 995 mln (A)
Nasdaq Vol: 3.6 bln (B)

New Positions:
None

Portfolio % of Return:
Stocks: +690.79
FX & Comms: +2.25

PORT Nov 05 2020

Comments:
The market had a turnaround yesterday with bulls bidding the market up. Healthcare, Comms and Tech were the best hangouts.

NFP is due on Friday so stand aside and enjoy the long weekend.

Let’s go trade!