Market Report Oct 27 2021

  • Post author:

Market Report for Oct 27 2021

Look beyond the obvious. On average over the last 100 years Small-cap stocks in the U.S. returned an average of 12.1%. The S&P 500 returned 10.2%.

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

Market YTD:
S&P 500 +21.8% YTD
Nasdaq Composite +18.2% YTD
Dow Jones Industrial Average +16.8% YTD
Russell 2000 +16.3% YTD

Market Volume:
NYSE Vol: 801 mln (Below)
Nasdaq Vol: 6.9 bln (Above)

New Swing Positions:
EURUSD Short @1.1610
EURAUD Short @1.5465

Comments:
Another new record for S&P 500 and Dow Jones Industrial Average. While all indices were positive, it was only a slightly bullish day.

Our biggest gainer was DKNG with +4% and our biggest loser was XPEV at -6%.

Some earnings so far this week are AUDC, LLY, AMD, MSFT and FB.  Lots of more earnings around the corner so enjoy the standing aside time.

Let’s go trade!