Market Report Oct 20 2021

  • Post author:

Market Report for Oct 20 2021

Don't let the media scare you.

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

Market YTD:
S&P 500 +20.3% YTD
Nasdaq Composite +17.4% YTD
Dow Jones Industrial Average +15.9% YTD
Russell 2000 +15.2% YTD

Market Volume:
NYSE Vol: 695 mln (Below)
Nasdaq Vol: 4.4 bln (Above)

New Swing Positions:
EURUSD Short @1.1650 Half profit taken.

Comments:
The HiP days gave us a good start to the week and now we wait to see if we will have a follow-through.

Most of our stocks did well but NET was the biggest loser with -4%. NFLX had its earnings which was a beat. COIN back above $300. BABA above 50MA. TLRY was the biggest gainer around 16%.

And BTCUSD closed over $64000.

Let’s go trade!