Watchlist: 12/18 Stimulus Looming, Record Highs Set

Market Notes:

All four major indexes closed at record highs on Thursday. Congress is “closer” to a new stimulus deal including $600 checks to households.

The Moderna, Inc. (Nasdaq: MRNA) vaccine should be sent out soon, though death rates are at record levels. The market is forward-looking though.

The market remains bullish. Bitcoin and Gold are climbing. The only thing investors don’t want is dollars.

Triple witching today, watch for added volatility.

Watchlist:

*Low Float

*CYTH is on watch

*YGMZ is on watch

*LIXT has support at $4

*ATXI has resistance at $5.50

*DMTK has support at $17

*DTEA has support at $2.50

*SLDB has support at $7

VUZI has support at $6.50, resistance at $7

OTIC watching for a setup above $6

AWH watching for a setup above $6

DS has support at $3.20

ATEC has resistance at $14, support at $12.70

TRQ has support at $12.50

MDXG has support at $9

WPRT has support at $4.60, resistance at $5

UUUU has support at $3.50

MVIS has support at $5

AMPE has support at $1.80

Leave a Comment

Your email address will not be published.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