Market Report Mar 16 2022

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Market Report for Mar 16 2022

S&P 500 and Nasdaq Composite

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

Stock Market %:
DJIA: +1.82
Nasdaq Composite: +2.92
S&P 500: +2.14
UK FTSE 100: -0.25

Market Volume:
NYSE Vol: 1.2 bln (Above)
Nasdaq Vol: 5.3 bln (Above)

Yields:
2-yr: +2 bps to 1.86%
3-yr: +2 bps to 2.05%
5-yr: +3 bps to 2.11%
10-yr: +2 bps to 2.16%
30-yr: +2 bps to 2.50%

Comments:
Excluding energy, all the sectors had a positive session. Oil has gone from a bull market to a bear market in 5 days after a recent 14-year highs.

All of our positions closed the session up from the prior day. The positions we axed back in November are now re-appearing as possible buy candidates at much lower levels from when they departed.

All eyes are on the Fed now. So stand aside and enjoy the volatility and if you need to, manage your positions.

Let’s go trade!