Watchlist 7/19: Be Greedy

Market Notes:

Warren Buffett saying time … “Be fearful when others are greedy, be greedy when others are fearful.”

Markets appear scared. Selling down 1% on Friday and futures are pointing towards another 1% drop this morning.

London’s FTSE is leading the way, down about 2% at writing. PM Johnson is in isolation after contact tracing pinged him and several members of his cabinet for coming into contact with someone positive for COVID-19. Reopenings are still in full swing in the UK.

Oil prices are falling as OPEC reached a deal to increase production.

Bitcoin is holding up remarkably well considering the overall market.

I remain risk off. If the selloff intensifies we could have some great opportunities emerge from the ashes. I’m patient this morning.

Watchlist:

*Low Float

*STAF is more than 10 days out from its reverse split. Watching for any news. May be time to drop the rest of this position.
*AHT reverse split is effective this morning it’s on watch.

OTC (on watch, no levels):
HTZZ, RECAF, DPLS, MJWL, NLST, LWLG, LKNCY, ENZC, LCLP

watchlist

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