Market Notes:
That pesky Nasdaq doesn’t want to hold its gains…
The Dow and SPY closed at record high levels after the stimulus bill was signed into law. The market had no reaction to President’s speech…
Then futures all slip this morning. The Nasdaq is down almost 2%. The Dow is holding up but the SPY continues to sink.
I’m risk-off today. Could trade the perfect setup, but will be staying in capital preservation mode…
Bitcoin is near all-time highs… Have a great weekend!
Watchlist:
*GIGM has support at $4
*TMBR watching for a setup above $3
RYB has support at $4
REI has resistance at $3
MBII has support at $3
FINV has support at $8
ERJ has resistance at $10
