Market Report Jan 08 2021

  • Post author:

Market Report for Jan 08 2021

Buy when others are selling.

Market Trend:
Up

Market YTD:
Russell 2000 +6.2% YTD
Dow Jones Industrial Average +1.4% YTD
Nasdaq Composite +1.4% YTD
S&P 500 +1.3% YTD

Market Volume:
NYSE Vol: 1.1 bln (A)
Nasdaq Vol: 6.6 bln (A)

New Swing Positions:
None

Comments:
The major indices closed at record highs on Thursday with technology leading the momentum. The Nasdaq Composite was the biggest mover with a 2.6% gain.

FRC moved to new highs and ZG is almost at new highs.

Today is NFP so relax and watch some dumb money tv.

Let’s go trade!