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
