Market Report for Jul 22 2021
S&P 500 = Up
Nasdaq Composite = Up
S&P 500 +16.0% YTD
Dow Jones Industrial Average +13.7% YTD
Nasdaq Composite +13.5% YTD
Russell 2000 +13.1% YTD
NYSE Vol: 856 mln (Below)
Nasdaq Vol: 4.0 bln (Below)
New Swing Positions:
Another bullish day but with lower than normal volume. Energy leading and Utilities lagging.
We are in earnings season which we otherwise refer to as silly season. I mentioned recently about holding on tight and so far we have managed not to axe any positions but we are still ready to do so if it is needed.
Our biggest gainer was DQ which was up 20.13% and biggest loser was NFLX which was down -3.28%.
BTCUSD and ETHUSD found some strength as did GBPUSD which is now just tipped over into profit.
We will be looking at adding some new positions. HYRE is on our watchlist from yesterdays Swing candidates.
Let’s go trade!