Market Notes:
Futures are higher ahead of the latest jobless claims. The Nasdaq Composite logged back-to-back records and is pointing towards a record high open this morning.
Bitcoin is holding above $30,000. Still looks bearish below the 200 day moving average but betting against still feels too risky. I’ll buy more if it slips lower.
Meme stocks won’t die … Once again I wouldn’t bet against them. AMC / WISH / GME are refusing to break down.
The week after Q2 triple witching is typically bearish. This year it’s been extremely bullish. The trend is your friend, don’t get caught trying to call the top. I’m bullish.
Watchlist:
*GOED has support at $4.20
*MRIN has resistance at $3
*SLS has support at $13.50
IGC watching for a setup above $2
TH has resistance at $4.60
GLOP has resistance at $4
CLSD has resistance at $5.50
ATOS watching for a setup above $7.50
OTC (on watch, no levels):
WSRC, HTZGQ, ENZC, RECAF, DPLS, PHIL, MMATIF, SNMP, ZNOG, MJWL
