Watchlist: 4/15 Retail Refocus

Market Notes:

COIN made its debut yesterday and was met with a lot of excitement and volatility. It ended the day with a market cap near $60 billion. As a comparison, ICE the parent company of the NYSE has a market cap of $67 billion.

Bitcoin has held up well and remains above $60,000.

Markets were mixed yesterday with the Russell 2000 logging the best performance of all the indexes. I hope that brings a focus back towards small caps, which are lagging behind the rest of the market.

Retail trading, which I rely on for my setups, is at a year-long low. The focus is constantly shifting and I’m waiting for the opportunities to shift back in my favor.

Futures are up. I remain bullish and risk on for the perfect setup.

Watchlist:

AFMD watching for a setup above $10.50
TV has support at $12
SID has resistance at $8.25

watchlist

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