Markets are pointing towards a positive open after solid gains across the board yesterday. The three major indexes were all up more than 1% while the Russell 2000 gained more than 2%.
New records are possible this week. The Moderna, Inc. (Nasdaq: MRNA) vaccine is expected to be approved by the FDA this week. This one doesn’t need to be kept super cold.
A few 5G stocks are in play, weed plays are heating up, and autonomous driving too. None appears to be a truly hot sector but I’ll be watching for sympathy plays.
I remain bullish as we draw towards the end of the year.
*XELB has resistance at $1.40
*BCDA is on watch
*SGBX watching for a setup above $4
*ELYS watching for a setup above $4
*CCM is on watch
*DTEA is on watch
*SOL has resistance at $8.50
*EVLO has resistance at $11
*SLDB has resistance at $6.80
VUZI has support at $5.30
MVIS has support at $3.50
UEC watching for a continuation
APHA watching for a setup above $9