Market Notes:
Yesterday markets sold off more than I expected. I’m questioning my bullish call at this point. Futures are up this morning so I’ll keep a close watch. More selling and we could get a breakdown.
No surprises on new unemployment filings yesterday.
Some of the President-Elect’s advisors are recommending a 4-6 week shutdown to combat the COVID-19 pandemic. No indication from Biden if he will act on this. The inauguration is a long way off and we should know more about the vaccines by that point. Still, this adds a level of uncertainty.
It’s Friday the 13th in 2020. Good luck everyone! After this profitable week I won’t be over aggressive today.
Watchlist:
GTEC is a low float, on watch
HYRE is a low float, resistance at $6
SOL is a low float, resistance at $4.20
TANH is a low float, support at $3
INOD is a lowish float, watching for a setup above $4
SUP is a lowish float, resistance at $3
AXTI has support at $7
SOLO has resistance at $6
STKL has support at $8
OCUL has resistance at $13.50
CBAT has resistance at $5
JWS has support at $11.40
ARAY has resistance at $4
VRAY has resistance at $3.72
LCTX has support at $1.40
WPRT has resistance at $2.40
