The markets are grinding upward as we welcome December. The SPY posted a new record high close again yesterday. That’s the 6th one since the first PFE vaccine was announced.
New jobless claims data is due out this morning. Could be a driver if there are any surprises.
The China problem is not going away even with a new president. Overnight the US House unanimously supported a bill to delist some Chinese companies if their audits aren’t up to snuff. This includes NIO & BABA. The bill is expected to be signed into law.
*CYAN is on watch
*OBLN watching for a setup above $1.60
*MACK has support at $6, resistance at $7
*LOAK is a SPAC, resistance at $13.50
*CATB is on watch
*CLRB resistance at $2
*MESA watching for a setup above $7
*HDSN resistance at $1.77
*YTRA has resistance at $2
INFI has resistance at $2.30
EVRI has resistance at $11.50
HIMX watching for a setup above $7
UUUU has support at $2.25