MaR Nov 25 2020

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Market Report for Nov 25 2020

Simple and smart is an art

 

Trade Zones:
RUN

Market Trend:
Up

Market YTD:
Nasdaq Composite +34.2% YTD
S&P 500 +12.5% YTD
Russell 2000 +11.1% YTD
Dow Jones Industrial Average +5.3% YTD

Market Volume:
NYSE Vol: 1.2 bln (A)
Nasdaq Vol: 6.2 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1136.55
FX & Comms: +2.25 +Gold

PORT Nov 25 2020

Comments:
The Dow Jones Industrial Average hits a new record high of 30,000 for the first time in history. A gain of 1.5% with the S&P 500 edging that little extra with 1.6%. However, the biggest gainer was Russell 2000 while the Nasdaq Composite lagged but still managed 1.3%.

As discussed in the weekly webinars, small-cap value stocks were still the order of play but overall a bullish day across the board.

Excluding real estate that was slightly negative, all other sectors had a positive day fuelled once again by the energy sector which continues to lead the way.

Futures are positive this morning.

Let’s go trade!