Market Report Apr 27 2022

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Market Report for Apr 27 2022

S&P 500 and Nasdaq

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

Stock Market %:
DJIA: -2.38
Nasdaq Composite: -3.95
S&P 500: -2.81
UK FTSE 100: +0.08

Market Volume:
NYSE Vol: 997 mln (Below)
Nasdaq Vol: 5 bln (Below)

Yields:
2-yr: -8 bps to 2.55%
3-yr: -7 bps to 2.73%
5-yr: -6 bps to 2.80%
10-yr: -5 bps to 2.77%
30-yr: -3 bps to 2.87%

Comments:
An ugly day on the markets as they fell prior to the big hitter earnings reports. Nasdaq breaks the prior lows on 2022 and S&P 500 continues to approach its lows of the year.

GOOG missed the consensus for Q1 while MSFT had a beat.

This is still not a market to try and navigate and we are continuing to stand aside.

We did some more trimming of our positions on Tuesday.

Let’s go trade!