Market Report for Dec 22 2021
S&P 500 = Up
Nasdaq Composite = Up
S&P 500 +23.8% YTD
Nasdaq Composite +19.0% YTD
Dow Jones Industrial Average +16.0% YTD
Russell 2000 +11.6% YTD
NYSE Vol: 961 mln (Below)
Nasdaq Vol: 4.5 bln (Below)
New Swing Positions:
A bullish market with all the major averages closing the session quite positive.
We had two laggards in our portfolio which were EDIT (-1.26%) and CRSP (-1.39%). Beyond that, all stocks closed up for the day with UPST (+13.67%) being the biggest gainer.
So have we seen the end of the tree shaking?
As was mentioned in the weekly webinars, post-Thanksgiving and the first couple of weeks into December, we don’t usually have much going on in the markets. Now is the time we usually start to see some strength creep in just as many traders start to enter holiday mode.
The recent position in NVDA is almost immediately into profit. Our shopping basket is at hand.
Let’s go trade!