Market Report Mar 26 2021

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Market Report for Mar 26 2021

We never trade a good nights sleep for extra profits.

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

Market YTD:
Russell 2000 +10.6% YTD
Dow Jones Industrial Average +6.6% YTD
S&P 500 +4.1% YTD
Nasdaq Composite +0.7% YTD

Market Volume:
NYSE Vol: 1.1 bln (B)
Nasdaq Vol: 5.6 bln (B)

New Swing Positions:
None

Comments:
As we move into the last trading day of the week, the market managed to side a little towards bullishness.

Dow +199.42 @ 32619.48
Nasdaq +15.79 @ 12977.7
S&P +20.38 @ 3909.52

We did pull out the axe yesterday to trim some of our positions but as has happened every previous time the axe made an appearance, no trades were harmed. We are often early to get into stocks then allow time for our trades to grow. This will entail holding stocks during pullbacks.

GBPUSD is almost 100 pips off its lows.

BTCUSD down to 50MA support.

CROX which is our most recent position has now just slightly moved into profit.

Let’s go trade!