Market Report for Jan 04 2022
S&P 500 = Up
Nasdaq Composite = Up
Nasdaq Composite +1.2% YTD
Russell 2000 +1.2% YTD
Dow Jones Industrial Average +0.7% YTD
S&P 500 +0.6% YTD
NYSE Vol: 845 mln (Below)
Nasdaq Vol: 4.3 bln (Below)
New Swing Positions:
The first trading session of the new year has taken our portfolio up to 6% as we saw much better volume in the market as we get back to more normal levels after the holiday period. A new record close for the S&P 500 and Dow Jones Industrial Average on Monday.
A bullish day across the major averages but only 5 sectors managed to find strength.
AAPL hits $3 tln market cap exactly 45 years after the company was incorporated. And TSLA increased 13.5% on the back of record Q4 2021 deliveries.
We managed a few trades yesterday, including HIMX and SHLS, and will be managing more as we progress through the month.
Let’s go trade!