Watchlist: 11/10 Vaccine Hopes… Take a Chill Pill

Market Notes:

Pfizer announced it’s vaccine candidate was 90% effective against COVID-19. While the results don’t include any long-term results this early stage is promising.

One thing interesting about the vaccine, it must be kept cold during shipping. I’m keeping a special lookout for refrigeration stocks like HUSN.

Travel stocks are in play. I have several on my list this morning.

Markets soared to all-time highs yesterday at the open but gave back much of the gains by the end of the day. I’m bullish overall but we could see another day or two of selling to let allow the news cycle to settle out. Futures are down at writing.

Watchlist:

IHT is a low float, support at $2.50

ONCT is a low float, on watch

YALA is a low float, on watch

FLL is a lowish float, resistance at $3.75

HDSN is a lowish float, resistance at $1.24

RUTH has support at $14

OSW key level at $8.50

GES has resistance at $14.75

CLDT has resistance at $9.70

MGI has resistance at $6

DESP watching for a setup above $9.60

EB has support at $13

MNGI has support at $12

TOUR has support at $1.50

NWBI has support at $11.40

CSTM watching for a setup above $11

CADE has resistance at $14, support at $13

FULT has resistance at $13

PLUG has support at $12

CCL watching for a setup above $20

Leave a Comment

Your email address will not be published.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