Market Report Apr 14 2021

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Market Report for Apr 14 2021

Limit your risk and then manage it.

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

Market YTD:
Russell 2000 +12.9% YTD
S&P 500 +10.3% YTD
Dow Jones Industrial Average +10.0% YTD
Nasdaq Composite +8.6% YTD

Market Volume:
NYSE Vol: 796 mln (B)
Nasdaq Vol: 4.1 bln (B)

New Swing Positions:
None

Comments:
It seems like Growth was certainly the area where the money flowed into yesterday. Remember we have been discussing Tech over the recent weekly webinars before the move was represented.

The Nasdaq Composite was the outperformer yesterday as Dow Jones Industrial Average lagged and closed negative. The S&P 500 also found a little bullishness.

Our biggest Growth gainer was NET which saw an 11% move up but did not manage to close at session highs. PLTR, TSLA and ZM also rummaged around in positive territory. Some of these are amongst the biggest gainers for Tuesday.

We will continue to add to our Growth positions and if the momentum continues, we can then look to buy new Swing positions.

GBPUSD is currently at the highest levels since we bought in on Monday this week.

BTCUSD and ETHUSD are at new ATHs.

Let’s go trade!