Market Report Oct 14 2021

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Market Report for Oct 14 2021

Your edge is not doing the same as the average trader.

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

Market YTD:
S&P 500 +16.2% YTD
Russell 2000 +13.5% YTD
Dow Jones Industrial Average +13.1% YTD
Nasdaq Composite +12.3% YTD

Market Volume:
NYSE Vol: 795 mln (Below)
Nasdaq Vol: 4.0 bln (Below)

New Swing Positions:
GBPAUD short @1.8535 Exited at 1R and remainder stopped out around the US session close @1.8525

Comments:
The S&P 500 and Nasdaq Composite ended Wednesday’s session positive but Dow Jones Industrial Average was ever so slightly negative.

Our best performer was PLUG (+12.70%) which now reached its DVI on extremely heavy volume.

DDOG and CRWD found 7% gains each. AUDC had its highest close for 1.1 years. NET makes a new ATH.

We were stopped out of the remaining position in TROX with about a 30% percent return.

Based on historical data and calculations, today is meant to be a HiP day.

Let’s go trade!