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Showing posts from December, 2020

21 Dec 2020 - Trading Log

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  ALGN, HD, and MNST hit stop loss 

21 Dec 2020 (Tue) - Briefing.com - Large drop market open, stabilize and recover mid day

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  Financial stocks led recovery effort 21-Dec-20 16:20 ET Dow  +37.40  at 30216.39,  Nasdaq  -13.12  at 12742.43,  S&P  -14.49  at 3694.93 [BRIEFING.COM] The S&P 500 declined as much as 2.0% on Monday, as concerns surrounding a new strain of coronavirus primarily in the UK overshadowed a $900 billion stimulus agreement. Investors, however, steadily bought the intraday dip to leave the benchmark index down by 0.4% for the session. The Nasdaq Composite (-0.1%) almost completed the comeback after being down 1.8%, while the Dow Jones Industrial Average (+0.1%) and Russell 2000 (+0.02%) eked out gains.  The new variant of the coronavirus reportedly spreads 70% faster than other variants and was previously flagged as an issue, but the market was initially unsettled to see the UK impose a new lockdown in London and other countries restrict inbound travel from the UK.  The way the market regathered, though, suggested that this new variant isn't necessarily a U.S. issue yet (Europe