Watchlist: 5/14 Dogecoin and Elon Musk

Market Notes:

The promotion is continuing as Elon Musk declares that he is pro-crypto but doesn’t want to increase the burning of fossil fuels, especially coal. He called developments with DOGE “promising” and finished tweeting with a note image containing two words, “don’t panic.”

This morning DOGE is back above $0.50 and bitcoin is hovering near $50K.

The stock market bounced solidly yesterday. The VIX fell too, a good sign for the bulls.

I remain risk off. But the OTC market is still showing positive signs. I’ll keep my focus there.

Watchlist:

MOXC is a low float, watching for a setup above $9.50

OTC (on watch, no levels):
GGII, TAWNF, KPAY, HTZGQ, GVSI, ICBU, PMBY, RGBP

watchlist

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