Trading day recap January 13 2020 - PRECISION TRADING LABS
Welcome Blog Meet The Team How We Trade 2022 Sale Log In

Trading day recap January 13 2020

December 23, 2021

S​tocks rallied to new records today, with the tech sector leading the way.
There wasn’t anything of real significance on today’s economic calendar. But optimism over a “Phase One” deal (expected to be signed on Wednesday) and news that the U.S. removed China from its list of currency manipulators helped fuel today’s market rally.

After a higher start, stocks never looked back.
There was a pause in the rally as major indices traded sideways in the afternoon. Then a rally in the last 15 minutes of traded helped the major indices finish the day at highs.
The DOW struggled to make new highs today and lagged behind the major indices with just a 0.3% gain today. But the S&P and NASDAQ made new records.
Here’s where the major indices ended the day:

  • The S&P finished with a 0.7% gain. Up 23 points, the S&P ended at 3,288.
  • The DOW ended higher by 0.3%. Up 83 points, the DOW closed at 28,907.
  • The NASDAQ was up 1.0%. With a 95 point gain, the NASDAQ finished at 9,274.

Crude Oil (CL) dropped for the 5th day in a row. Down 1.5%, CL ended the session at $58.14 a barrel. It was the lowest close for Crude Oil in over a month.
Tesla (TSLA) rocketed higher and hit record highs after an analyst upgrade. The stock traded above $500 for the first time ever and was up 9.8% after Oppenheimer raised its target to $612.
Tomorrow traders will keep eye on earnings from JP Morgan Chase (JPM) and CPI data in the morning at 8:30am ET.
The Phase One deal will also be in the spotlight this week. But unless there are any surprises, optimism over the deal has likely been priced into the market.

After all, a tool is only as good as your ability to use it.

I have handed you some valuable information
​Now let me show you how to use it.
You see, information is good… but ACTION is better.
After working with thousands of experienced traders and want-to-be traders, in all kinds of market conditions, over the past seven years, I have found that the best way I can help you get immediate and tangible results is with our Show Me The Money Call. 
It’s where you hop on a live, 17 minute Zoom call with me where I will share my screen and take you through our exact process to determine and execute a winning trade right there on the live call, including the precise exit points of the trade.
No more guessing on your own whether something will work or not….
We do all the heavy lifting and provide you with the exact steps you’ll need to make so you can start seeing results immediately.
You can choose to make this trade yourself, or make it in a simulated trading account, or just sit back and enjoy watching how we come out ahead of the game, day in, day out, week in, week out, year in, year out…
Book your Show Me The Money Call Here

See you there,



Leave a comment

Your email address will not be published. Required fields are marked *