Market Notes:
The VIX ticked up slightly yesterday as the market pushed to new record highs.
ACY ended up having an absolutely epic short squeeze yesterday, running from $5 to $38. While there were plenty of failed spikes in the small-cap side of the house this move showed how crazy the market still is.
Shorts will likely be less aggressive and bulls will likely be bolder today.
I’m staying bullish until the market shows me it’s ready to turn. Futures are up again this morning.
Watchlist:
*TCCO is on watch
*UUU is on watch
*KOSS is on watch
*AMRH is on watch
*WISA has resistance at $4
*RCMT has support at $2
*IRIX has support at $3
*BWEN has support at $8
*SOL has support at $12
*IMMR has support at $11
*MOGO has support at $4
*OEG has resistance at $2.25
*EVGN has support at $5.30
CLST has support at $1.40
GEVO is on watch
AMRS watching for a setup above $6
