Watchlist: 10/22 Sellers will Sell, Stimulus, & Election

Market Notes:

No one is counting on a stimulus package any more. The headlines can keep saying otherwise but it’s not a realistic possibility before the election.

The election is now less than two weeks away. A decent percentage of the nation has already voted.

People are starting to reduce exposure to the market. Positions are being sold. The Fed is still a buyer, don’t be surprised if the dip gets bought back up.

Short list today. The trend is down. Futures are lower. I’m bearish.

Watchlist:

EVK is a low float, watching for a setup above $3

ISIG is a low float on watch

AMTX is a low float, key level $5

CADE has resistance at $11.80

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