Market Notes:
ALF & WSRC flew yesterday on massive short squeezes as the Nasdaq Composite set a fresh record. I’d like to see at least one more big move like this before I go risk on, but the market is show signs of life.
Meme stocks AMC and WISH haven’t died yet. Still potential for a big squeeze in both.
Bitcoin is off its lows but still below the 200 day moving average. I’m watching for a bigger breakdown.
Futures are up. Oil is up. The market is bullish.
Watchlist:
*ALF is on watch
*SSNT has resistance at $11
EMKR has resistance at $10.80
ATOS has support at $6.50
OTC (on watch, no levels):
WSRC, HTZGQ, ABML, ENZC, RECAF, DPLS, RSHN, PHIL, MMATIF, EEENF
