Market Notes:
The S&P 500 has gained nearly 13% since election day. This is a record for any modern-day President from election day to inauguration day. the old record was JFK’s with 9%, Trump for comparison saw a 6% market surge.
Both Kennedy and Trump continue to see solid gains for the next 100 days. With history as a guide, I’m bullish.
Small caps are heating up like never before. I’ve got a huge watchlist and am being extra selective. I ended up taking 9 trades yesterday, which is a lot for me. And I still missed some.
I’ll be moving quickly and deliberately again today. It’s times like these that years of preparation can pay off. Futures are up.
Watchlist:
*SGBX has resistance at $8.40
*CLXT has support at $8
*PPBT watching for a setup above $5
*SUNW has resistance at $13.50
*CLBS is on watch
*SAVA has resistance at $13
*NDRA is on watch
*MOTS has support at $1.50
*REVG support at $10.50
*IDRA has resistance at $5.65
GILT has support at $7.72
DARE is on watch
IZEA has support at $4
DTIL is on watch
UAVS is on watch
AQMS key level at $5
STCN is on watch
EMAN has support at $2.60
PEI has support at $1.60
CRNT has resistance at $7
KOPN has resistance at $3
ICLK has support at $15
LC has support at $12
AVGR has support at $2
ISR has support at $2.50
TRCH has resistance at $1.60
TRXC watching for a setup above $4
MARK has resistance at $2.60
GEVO has support at $7.60
SENS is on watch
LCTX is on watch
IMGN has resistance at $8
TELL has resistance at $2.80
UMC watching for a setup above $10
