Market Notes:
New records for the S&P 500 and Dow Jones yesterday. The Nasdaq is rallying back to life slowly.
And Bitcoin is taking a breather, maybe another bear market coming… 2 this year already…
With all the “stimmy” money hitting bank account meme stocks including AMC and KOSS came back to life. Some old weed stocks are finding life too, notably TLRY and IGC.
I’m still not seeing the ideal setups I like to look for right now. I’m staying risk-off for today, possibly the week. Just giving the market time to come back around.
Futures are mixed near flat. The VIX is super low. I’m cautiously bullish.
Watchlist:
*SSY is on watch
*TKAT has support at $5
*SGLB is on watch
*YVR has support at $2.60
TRVG has support at $5
ENZ is on watch
GPRO has support at $11
UUUU has support at $7
CYH has support at $11.50
COTY has support at $9
