Market Notes:
The SPY was down yesterday after posting all time highs the previous day. The Nasdaq climbed again, post a new record.
Futures are all down this morning. It will be our last day with any big happenings. IPOs start tomorrow with DASH and ABNB on Thursday. 2020 has now broken the 1999 dot-com bubble record for most cash raised in IPOs. $140 billion compared to $108 billion.
PFE vaccine approval is expected on Thursday also.
Several Uranium stocks are in play as energy stocks remain hot.
The VIX is holding above 20. I’m still bullish. I think the dip will get bought any day now. Another long watchlist…
Watchlist:
*Low float ^SPAC (u)Uranium
*^AMCI has resistance at $13.50
*NURO is on watch
*OBLN has support at $2
*DLPH has support at $3.72
*AEY watching for a setup above $4
*KBNT has support at $7
*MACK has support at $7, resistance at $7.50
*HYRE has support at $7.30
*FNKO has resistance at $11
*PERI is on watch
*MOGO has resistance at $3.50
*CLRB has resistance at $2.40
*YQ has support at $12
*TEDU has resistance at $3.88
^IPV has support at $14.25
GMDA has support at $11
CMRX has support at $4.40
FOSL has support at $12
PLG has support at $4.40
LTRPA has support at $4
AFMD has support at $6.50
GCMG has support at $12
(u)UUUU has resistance at $3
^BFT has support at $12.50
BCRX has resistance at $7.50
(u)UEC has support at $1.50
(u)NXE has support at $2.50
