Market Notes:
We’re kicking off a four-day market week this Tuesday morning and futures just made a green to red move. A few interesting themes I’m watching are space and security.
IRNT is a security play, making crazy moves. It could find some sympathy with lower-priced plays too…
Elon Musk’s SpaceX is poised to send its first crewed mission into space. The team of four civilians will travel over 300 miles above the earth’s surface 5-6x what the other guys are doing. The launch is set for September 14.
Bitcoin is an official currency of El Salvador, joining the U.S. Dollar in that prestigious role. I’m bullish on bitcoin and will be watching for support at hold at $50,000.
I’m risk on for the perfect setup.
Watchlist:
*VIH watching for a setup above $12
*AEHR has support at $8
RKLB has support at $13
IPHA is on watch
SPIR is on watch
IRNT is on watch
KPLT has support at $6
HUT has support at $10
OTC (on watch, no levels):
LCLP, LWLG, RGBP, LIACF, SRUUF, LUSI, MTRT, SHLDQ, HMBL
