Market Report Dec 08 2021

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Market Report for Dec 08 2021

Spread your risk.

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

Market YTD:
S&P 500 +24.8% YTD
Nasdaq Composite +21.7% YTD
Dow Jones Industrial Average +16.7% YTD
Russell 2000 +14.1% YTD

Market Volume:
NYSE Vol: 1.02 bln (Above)
Nasdaq Vol: 5.0 bln (Above)

New Swing Positions:
EURUSD short exited with a profit.

Comments:
More confidence in the market as we had a follow-through day on Tuesday after last weeks tree shaking.

The gain range in the indices was from +1.40% (Dow Jones Industrial Average) to +3.03% (Nasdaq Composite).

We added to a couple of existing positions and bought into a new stock.
DDOG – compound
NET – compound
UPST – new

Our short EURUSD position exited with profit after the US close.

ETHUSD continues to outperform BTCUSD but both have retraced in the last month.

We will continue to walk around the aisles with our shopping trolley.

Let’s go trade!