Market Notes:
Yesterday the SPY gave up half its gains for the year. If the pattern repeats we could end February flat. The SPY ended down about 1% in January.
The VIX has risen so I’m being extra cautious. Yesterday all the meme stocks faded all day long…
VERY sort list this morning. Futures are flat. I’m bearish.
Watchlist:
*LIXT has support at $5
AFI watching for a setup above $5.50
STXS has support at $6
RRD watching for a setup above $3.50
