Market Report Jan 26 2022

  • Post author:

Market Report for Jan 26 2022

S&P 500 and Nasdaq

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

Market YTD:
Dow Jones Industrial Average -5.6% YTD
S&P 500 -8.6% YTD
Russell 2000 -10.8% YTD
Nasdaq Composite -13.5% YTD

Market Volume:
NYSE Vol: 1.2 bln (Above)
Nasdaq Vol: 4.9 bln (Above)

Comments:
Another volatile session pre FOMC policy decision but the swings based on the prior session were not as large as they were on Tuesday.
All the indices were in the red for the day and ranged from -0.19% to -2.37%.

Today the markets have a reason to show a form of strength or weakness based on the FOMC statement and subsequent press conference. The market is sure to liven up then.

So we hold on to our hats and watch the reaction today.

Let’s go trade!