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