MaR Sep 23 2020

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Market Report for Sep 23 2020

Buy a good stock at a good price

Trade Zones:
CHD
V
WSO

Market Trend:
Up

Market YTD:
Nasdaq Composite +22.2% YTD
S&P 500 +2.6% YTD
Dow Jones Industrial Average -4.4% YTD
Russell 2000 -10.3% YTD

Market Volume:
NYSE Vol: 947 mln
Nasdaq Vol: 3.5 bln

New Positions:
None

Portfolio % of Return:
Stocks: +448.37
FX & Comms: -0.42

PORT Sep 23 2020

Comments:
A bullish day yesterday suggesting the pullback might be over. This is a very simplistic view of the market and rarely will they offer an obvious turning point but the fact it has turned bullish means we need to start looking at bullish opportunities. As always, be prepared for further declines in case the market shows it real hand.

Two thirds of our book were positive and our best performer was CRSP and worst was TSLA.

Market Sep 23 2020

Lets go trade!