Watchlist: 12/16 Vaccine #2, Futures Rising

Market Notes:

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.


*Low Float

*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

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