Market Report Feb 11 2021

  • Post author:

Market Report for Feb 11 2021

Sometimes your best trades are the ones you don't make.

Market Trend:
Up

Market YTD:
Russell 2000 +15.6% YTD
Nasdaq Composite +8.4% YTD
S&P 500 +4.1% YTD
Dow Jones Industrial Average +2.7% YTD

Market Volume:
NYSE Vol: 978 mln (B)
Nasdaq Vol: 10.4 bln (A)

New Swing Positions:
None

Comments:
The Stock indexes on Wednesday had a mixed settle after initially opening higher with the S&P 500, Dow Jones Industrial Average and Nasdaq Composite all posting record highs.

The weakness was mainly from the tech sector. In contrast, energy performed well for the day.

While we have added to our Growth fund, we did not add to our Swing fund. However, we did buy further into GBPUSD yesterday.

Let’s go trade!