Market Report for Dec 09 2021
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!