Market Report for Jan 06 2021
Russell 2000 +0.2% YTD
Nasdaq Composite -0.5% YTD
Dow Jones Industrial Average -0.7% YTD
S&P 500 -0.8% YTD
NYSE Vol: 995 mln (B)
Nasdaq Vol: 6.7 mln (A)
A bullish day on the markets. Energy stocks and small-caps (RUT chart below) were the biggest winners. Notably, RUT ended with a Doji at the BuF base but closed just below the RN.
The S&P Dow Jones Indices will no longer be delisting the Chinese telecom shares.
Overnight the Futures fell as the U.S. await the Georgia runoff results.
We are still standing aside and now will probably wait until after NFP before properly entering into this market.
Let’s go trade!