Market Report Jul 14 2021

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Market Report for Jul 14 2021

Remove the weeds and water the flowers.

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

Market YTD:
S&P 500 +16.3% YTD
Dow Jones Industrial Average +14.0% YTD
Nasdaq Composite +13.9% YTD
Russell 2000 +13.4% YTD

Market Volume:
NYSE Vol: 780 mln (Below)
Nasdaq Vol: 4.5 bln (Below)

New Swing Positions:

All three indices had losses on Tuesday after previously dealing at record levels. The only sector that was slightly positive was Tech while all others were negative for the day.

Earnings is upon is so expect some tree shaking, knee jerk reactions and noise. We do not concern ourselves with short-term moves but focus on the big picture instead.

Let’s go trade!