Market Report Apr 07 2021

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Market Report for Apr 07 2021

At first trading will reveal your character.  And then over time, trading will build your character.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
Russell 2000 +14.4% YTD
Dow Jones Industrial Average +9.2% YTD
S&P 500 +8.5% YTD
Nasdaq Composite +6.3% YTD

Market Volume:
NYSE Vol: 866 mln (B)
Nasdaq Vol: 4.0 bln (B)

New Swing Positions:

A very small range session with low volume on Tuesday saw all the indices close in the red with the Dow Jones Industrial Average being the biggest loser at -0.3%.

Utilities sat at the top of the sector list and Tech at the bottom.

We did not take any new positions as we stood aside watching what the market would do after Monday’s bullish move.

Both GBPUSD and EURJPY had a weak day and saw some red in the session.

Overall, not much to report about yesterdays session.

Let’s go trade!