fbpx

Watchlist: 10/15 Jobless Claims, Red Markets

Market Notes:

Markets put in a second red day yesterday and are continuing to fall this morning. I’ll be watching the open to see if this dip is getting bought. A breakdown below the opening 15-min range will signal the bears have recaptured control of the market.

New jobless claims are coming out at 8:30. This could be a catalyst for the day if there’s a surprising number.

I’ll be cautious if the bears take over, aggressive if the dip gets bought.

Watchlist:

VOXX is a low float, on watch

KXIN is a low float, resistance at $2.20

SURF is a low float, resistance at $10

ALRN is a lowish float, resistance at $2.20

NFIN is a lowish float, resistance at $12

AXTI has resistance at $6.80

PEIX has resistance at $9.66

MGI has support at $4

MNGI watching for a setup above $9.20

GPRO watching for a setup above $7

LCTX has support at $1.28

PACB has resistance at $14.10

IMGN watching for a setup above $9.40

MDRX watching for a setup above $11.38

SLM has resistance at $9.25

Leave a Comment

Your email address will not be published.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