Market Report for Sep 23 2020
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
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.
Lets go trade!