Market Notes:
Everything resumed an upward march yesterday. All the indexes made new records yesterday. After chaos in D.C. the market appears to be pricing in a new stimulus package when the new administration arrives in a couple of weeks.
In other government-related news, the FAA cleared the way for more drones to start making deliveries. This could light up a sector. UAVS on watch right now…
The December jobs report is due out at 8:30 this morning. Not expecting any surprises or much market reaction.
The VIX is low, futures are up, bulls are in charge.
Watchlist:
*ZKIN has resistance at $3.60
*LGHL is on watch
*CPST has support at $12
*SRAX has resistance at $4
*ENG is on watch
*BWEN has support at $9
*SUNW has resistance at $9, support at $8
*MOGO key level at $5
*CNET watching for a setup above $3
*OEG has support at $2.75
*FTFT is on watch
ALDX has resistance at $8.70
SLDB watching for a setup above $8
ITI has support at $6, resistance at $7
UAVS has resistance at $9
XNET is on watch
JAGX has resistance at $3
LC has support at $11
GLOG has support at $4.50
TRCH watching for a setup above $1.20
PRTY has support at $8
CSLT has support at $1.60
CLNE has support at $11
CDEV has resistance at $2
FCEL has support at $14, resistance at $15.50
