Market Report Jun 09 2021

  • Post author:

Market Report for Jun 09 2021

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

Market YTD:
Russell 2000 +18.7% YTD
Dow Jones Industrial Average +13.1% YTD
S&P 500 +12.5% YTD
Nasdaq Composite +8.0% YTD

Market Volume:
NYSE Vol: 940 mln (Below)
Nasdaq Vol: 5.8 bln (Above)

New Swing Positions:
None

Comments:
A flat to bullish day across the major averages. The S&P 500 found resistance near the ATHs while micro and small caps found strength in Tuesday’s session.

Dow -0.09%
Nasdaq 0.31%
SP 500 0.02%

Nasdaq Composite was the leader and had more than usual volume on buying. The tech sector was middle of the road as energy lead the day.

Lack of movement in the two big-cap cryptos but both have an interesting candle so we might see a bullish day today.

GBPUSD is still perfectly demonstrating how to do the shuffle.

Be prepared.

Let’s go trade!