MaR Oct 16 2020

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Market Report for Oct 16 2020

If you love what you do, being motivated is easy

Trade Zones:
ADSK
AZRE
GSX

Market Trend:
Up

Market YTD:
Nasdaq Composite +30.6% YTD
S&P 500 +7.8% YTD
Dow Jones Industrial Average -0.2% YTD
Russell 2000 -1.8% YTD

Market Volume:
NYSE Vol: 758 mln (B)
Nasdaq Vol: 3.3 bln (B)

New Positions:
DKNG @46.43

Portfolio % of Return:
Stocks: +891.65
FX & Comms: +2.25

PORT Oct 16 2020

Comments:
Thursday’s session saw price claim back some lost ground after a weak start. Dow Jones Industrial Average was the best of the three by finishing only -0.07% lower and Nasdaq Composite was the laggard with a -0.47% decline for the day. The S&P 500 closed -0.15% lower.

We are in earnings season so expect more noise and swings during days of big earnings.

Webinars:
Saturday – for Level 3+ traders.
Sunday – Level 2 or higher traders

Have a good weekend.

Let’s go trade!