Market Notes: There’s a storm approaching the US mainland this morning … Maybe everyone’s watching that instead of the markets. Nothing to report this morning. Low float tech stocks are in play still. Markets are mixed and mostly flat still. Bitcoin...
Market Notes: Less than one week until SPCE takes founder Branson to space. Bezo is scheduled to follow nine days after the fact. Watching for sympathy with VACQ and ASTR. The low float tech supernovas are still running strong. MRIN and BLIN are lead...
Market Notes: The long weekend is in sight and short sellers don’t want to be trapped over the long weekend. MRIN is still alive because of reckless short sellers, worth watching meme stocks again today too. The broader markets are mostly muted, grin...
Market Notes: The first half of 2021 is in the books. As the second quarter wraps up we are waiting for earnings season to kick off in two weeks. Until then I don’t see any major trends in the markets. Energy remains on an uptrend ahead of the holida...
Market Notes: MRIN continues to push higher and yesterday it got some sympathy plays. BLIN, BSQR, & IFBD all could make similar moves. The overall market looks a little weaker this morning. Futures are all red after choppy sideways action for day...
Market Notes: Bitcoin is flirting the 200 day moving average, which historically provides strong resistance. As regulators begin to address concerns in the crypto space some see it as a sign the market is maturing. I’ll watch the chart for confirmati...
Market Notes: The summer trading continues to grind along. Major indexes are posting new highs on low volatility. Nothing the Fed said changed the direction or outlook of the market. Meme stocks and Bitcoin are not breaking down yet. Both have found...
Market Notes: News out of Washington is a bipartisan group of Senators reach a compromise on a $1 trillion infrastructure spending plan. But within hours President Biden said he wouldn’t sign the bill by itself … He wants to end the 2017 corporate ta...
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 mov...
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...
