Market Report Aug 13 2021

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Market Report for Aug 13 2021

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

Market YTD:
S&P 500 +18.8% YTD
Dow Jones Industrial Average +16.0% YTD
Nasdaq Composite +15.0% YTD
Russell 2000 +13.7% YTD

Market Volume:
NYSE Vol: 696.3 mln (Below)
Nasdaq Vol: 3.9 bln (Below)

New Swing Positions:
None

Comments:
The S&P 500 and Dow Jones Industrial Average just managed a record high and although Nasdaq Composite did not manage the same, it was the biggest winner of the day. This was in part helped by the big dogs like AAPL and MSFT and other big dogs picking up a low volume market.

The volume was still low for the session, especially for NYSE.

Our biggest gainer was XONE which moved up 45% and kind of replaced the prior day’s deficit of around the same.

GBPUSD had a good bearish day moving deeper into the breather zone and towards the DVI.

Let’s go trade!