Watchlist: 5/4 COVID Stocks, Crypto Alts, and Shippers

Market Notes:

The broader markets were slow and muted after gapping up yesterday. The Nasdaq closed down while the Dow and SPY held some of their gains.

The real winners were in the biotech sector moving on COVID related news. A sector that’s been cool to the touch for months.

On the crypto side of the house, altcoins continue to outperform bitcoin. Ethereum and Dogecoin made new record highs overnight.

Several shipping stocks moved yesterday too. Although I’m reserved on this sector since follow-up spikes haven’t been showing up in shipping for the past year.

Watchlist:

*Low Float

*RHE has support at $10
*ISNS is on watch
*AMS has support at $3.30
*PRPO is on watch
SB watching for a setup above $4
OCGN is on watch

OTC (on watch, no levels):
OZSC, BPSR, QNTA, GGII, GVSI, ALPP, LTNC, BBKCF, HTZGQ, ICBU

watchlist

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