Market Report Dec 09 2021

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Market Report for Dec 09 2021

The window of low risk opportunity is usually quite narrow. Miss it and it may have gone.

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

Market YTD:
S&P 500 +25.2% YTD
Nasdaq Composite +22.5% YTD
Dow Jones Industrial Average +16.8% YTD
Russell 2000 +15.0% YTD

Market Volume:
NYSE Vol: 877.3 mln (Above)
Nasdaq Vol: 4.6 bln (Below)

New Swing Positions:
None

Comments:
Wednesday saw the rally extended for the third day in a row.  Gains ranged from +0.10% (Dow Jones Industrial Average) to +0.64% (Nasdaq Composite).

The session saw our SFM trade exit with a small profit.

As usual, we are not buying too much at this stage of the year but we are looking to buy if a low-risk opportunity presents itself.

ETHUSD hanging around the 50MA. We may consider taking some profit from this soon.

Let’s go trade!

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