Market Report Nov 02 2021

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Market Report for Nov 02 2021

Less opinions, more facts.

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

Market YTD:
S&P 500 +22.8% YTD
Nasdaq Composite +21.0% YTD
Russell 2000 +19.4% YTD
Dow Jones Industrial Average +17.3% YTD

Market Volume:
NYSE Vol: 828 mln (Below)
Nasdaq Vol: 5.2 bln (Above)

New Swing Positions:
AUDUSD exited overnight with profit.

Comments:
New intra-day and closing highs for the major indices on Monday. As mentioned on Sunday’s webinar, Russell 2000 looks like it might start to move and yesterday we saw price make the biggest move up (+2.65%) of all the indices and test the ATH level.

A good day that has helped grow our book and further help decide which stocks we might want to axe.

We bought a half-size position into SOLUSD near the hourly MA.

Let’s go trade!