Market Notes:
S&P 500 is moving up slowly as the markets settle back down after a wild start to the week. The VIX continues to fall which is a positive sign for the bulls.
Futures are down slightly this morning as we appear to be inching towards a record high close. I expect a new record close by end of next week maybe sooner.
Goldman Sachs has increased its end of year expectations for the markets and is projecting a strong year in 2021 too.
I’m taking the trades as they come, small gains add up. I’m still bullish and believe we will continue to rally into the end of the year.
Watchlist:
SINO is a low float, watching for a setup above $2.75
PXS is a low float, watching for a setup above $1.20
TCON is a low float, support at $6.34, resistance at $8
IMAC is a low float, resistance at $2.50
EAST is a low float, watching for a setup above $2
DXYN is a low float, support at $1.40
ONCS is a low float, key level at $5.50
INFI has support at $1.40
AXTI has support at $7
ARAY has support at $3.40
LCTX watching for a setup above $1.40
HTGC is range bound between $12.20 & $12.40
MNKD has support at $2.50
PLTR key level is $16