Market Report Oct 22 2021

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Market Report for Oct 22 2021

Evidence not emotions.

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

Market YTD:
S&P 500 +21.1% YTD
Nasdaq Composite +18.1% YTD
Dow Jones Industrial Average +16.3% YTD
Russell 2000 +16.3% YTD

Market Volume:
NYSE Vol: 829 mln (Below)
Nasdaq Vol: 4.8 bln (Above)

New Swing Positions:
EURUSD Short @1.1642

The S&P 500 prints a record high and close. The Nasdaq Composite enjoyed the biggest percentage gain although still off the ATH level. The Dow Jones Industrial Average ended the session slightly negative.

Over the last few webinars from the end of September, we discussed positioning ourselves for the possible Santa rally.

New ATHs from NFLX, NET, MSFT, DDOG, and just off the new highs from TSLA, CRWD and AMD.

BTCUSD making ATH this morning and ETHUD almost there.

Let’s go trade!