Market Report Feb 25 2022

  • Post author:

Market Report for Feb 25 2022

S&P 500 and Nasdaq Composite

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

Stock Market %:
DJIA: +0.28
Nasdaq Composite: +3.34
S&P 500: +1.5
UK FTSE 100: -3.88

Market Volume:
NYSE Vol: 1.5 bln (Above)
Nasdaq Vol: 61 bln (Above)

Yields:
2-yr: -6 bps to 1.54%
3-yr: -5 bps to 1.73%
5-yr: -4 bps to 1.85%
10-yr: -1 bp to 1.97%
30-yr: +2 bps to 2.29%

Comments:
So Thursday was the first day of the Russian invasion of Ukraine and the markets as expected had the knee jerk reaction and fell before the open. Yesterday was also the highest volume levels for about a month. Tech was the biggest winner of the day with Consumer Staples the biggest loser.

The market dislikes uncertainty so now the invasion has begun, the markets can factor that in and look ahead, although it still has the rate hikes to begin.

President Biden mentioned later in the session some Russian sanctions that were being put forward after discussions with other leaders.

We discussed in detail during the webinar what the outcome of war is on the markets so we have been prepared in advance to deal with the situation yesterday.

Yesterday we decided to take some more profit off our TSLA trade and reduce exposure for a variety of reasons.

The new opportunities will soon start to present themselves and we should be ready as and when they appear before us. We will discuss these on this weekends webinar.

Let’s go trade!