Market Report Mar 23 2022

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Market Report for Mar 23 2022

S&P 500 and Nasdaq Composite

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

Stock Market %:
DJIA: +0.74
Nasdaq Composite: +1.95
S&P 500: +1.13
UK FTSE 100: +0.46

Market Volume:
NYSE Vol: 1.07 bln (Below)
Nasdaq Vol: 5.32 bln (Above)

Yields:
2-yr: +2 bps to 2.15%
3-yr: +4 bps to 2.38%
5-yr: +4 bps to 2.38%
10-yr: +7 bps to 2.38%
30-yr: +7 bps to 2.60%

Comments:
A BuRPI above the 200-day line for S&P 500 and BuRPI above 50-day line for Nasdaq Composite. Tuesday’s session ended on a break above the prior Doji and indicated a continuation of the upward move.

All sectors excluding oil enjoyed a bullish day.

We have a green light to cautiously search out new buying opportunities.

Let’s go trade!