General US Market Update - Heatmap

The heatmap for the SP500 shows that the market rally continues and the market environment overall is pretty healthy.

General Market Update

Market Rally Keeps Rising

Dow Jones futures tilted lower overnight, along with S&P 500 futures and Nasdaq futures . A strong stock market rally Tuesday morning faded, briefly turning mixed after Russian missiles reportedly hit Poland.
The stock market rallied Tuesday morning on yet another tame inflation report. Walmart ( WMT ) earnings also helped. So did Warren Buffett's Berkshire Hathaway disclosing that it took a big new position in Taiwan Semiconductor ( TSM ).
The major indexes pared gains somewhat, but then quickly turned mixed on the reported Russian missile news. But the Dow recovered to turn positive again.
The 10-year Treasury yield fell 7 basis points to 3.8%. The U.S. dollar also declined.
U.S. crude oil prices rose 1.2% to $86.92 a barrel after briefly spiking more than 3% on the Russian missile news. Natural gas futures advanced 1.7%.

The stock market rally opened strongly as the producer price index came in lower than expected, with core PPI flat vs. September.

What does that mean for swing-traders?

Swing-Traders can increase their exposure in the current market environment which appears to be quite healthy. But remember: only increase your risk and exposure on the back of gains in your own portfolio. If the current trades in your portfolio do not work, there is no legimitate reason to buy additional stocks.

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