Watchlist: 12/4 Vaccine Delayed, Markets Up

Market Notes:

PFE announced they were having problems in their supply chain and cut it’s 2020 vaccine production outlook.

Markets reacted with an end of day sell-off. But futures are back up this morning.

There are more vaccines and this small stag is not going to extend the pandemic any further. Most people won’t receive a vaccine until the middle of next year anyway.

The markets are always forward looking. A return to normal is still being priced in.

I’m still bullish. SPACs are lighting back up. Long list today…

Watchlist:

*Low Float ^SPAC

*^SMMC has resistance at $14.50

*^TRNE has support at $14.50

*^CGRO is on watch

*HGSH is on watch

*^SRAC has support at $14.40

*FPAY has resistance at $2.50

*AQB has support at $6.50

*CLRB has support at $2

CASA has support at $6

^IPV has support at $11.50

^STPK is on watch

RADA has resistance at $9

NNDM has support at $7.40-50

CDMO has support at $11

ADTN has support at $14

CRNT key level at $3

ARLO has support at $6.50, resistance at $7.50

GSM has support at $1.80

EVRI has resistance at $13.50

MIK has support at $12

WETF has support at $4.50

EAF has support at $9

GOL has support at $10.25

BCRX has support at $6

QEP has support at $2

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