Market Report Jul 15 2021

  • Post author:

Market Report for Jul 15 2021

The best moves are usually boring.

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

Market YTD:
S&P 500 +16.5% YTD
Dow Jones Industrial Average +14.1% YTD
Nasdaq Composite +13.6% YTD
Russell 2000 +11.5% YTD

Market Volume:
NYSE Vol: 879 mln (Below)
Nasdaq Vol: 4.4 bln (Below)

New Swing Positions:
None

Comments:
The S&P 500 printed a new ATH while the Dow Jones Industrial Average just missed out on reaching that point. Both had a slightly bullish day while Nasdaq Composite had a bearish day, although the Nasdaq 100 did manage to end positively.

AAPL and MSFT both printing new highs. We have discussed big tech showing strength for a couple of months and now it is blatantly demonstrating that.

We buy when others are not or when others are selling. Grab those opportunities.

Let’s go trade!