Watchlist: 1/13 Green Energy Not Slowing Down

Market Notes: Markets were unable to sustain any real gains yesterday, very typical of a bull market, the grind upward is still intact. Green/renewable energy stocks came roaring back to life even as oil continues to climb. Yesterday was a bit choppi...

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Jan 13, 2021
Watchlist: 1/12 Social Falls, Day Traders are Wild

Market Notes: TWTR and FB took a hit yesterday after banning the President for rule violations. The dip got bought fairly quickly, both are well off their lows and both are up in the premarket. Investors are betting on a short memory. Day traders sho...

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Jan 12, 2021
Watchlist: 1/11 Bear Attack

Market Notes: Major indexes were quite choppy on Friday. The battle between bulls and bears lasted the entire day, but bulls once again came out on top. Markets closed at fresh all-time highs. Bitcoin reached a peak, almost exactly two times the 50-d...

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Jan 11, 2021
Watchlist: 1/8 Jobs, Stimulus, Drones, & Bulls

Market Notes: Everything resumed an upward march yesterday. All the indexes made new records yesterday. After chaos in D.C. the market appears to be pricing in a new stimulus package when the new administration arrives in a couple of weeks. In other...

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Jan 08, 2021
Watchlist: 1/7 Democracy In Action

Market Notes: At 3:40 A.M. this morning the U.S. Congress voted to certify Joe Biden’s win as our 46th President. The vote was delayed after a mob stormed the capital building in an attempt to overthrow the will of the people. Markets began falling w...

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Jan 07, 2021
Watchlist: 1/5 Selloff, Election, Volatility

Market Notes: Yesterday markets sold off as much as 2.5% percent. You can pick the reason. Profit-taking, reduce risk ahead of the election, can we still factor in COVID? But the dip was being bought by the end of the day. The VIX ticked higher as vo...

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Jan 05, 2021
Watchlist: 1/4 New Year, New Records

Market Notes: Markets closed on Thursday at all-time record highs. All three major indexes posted gains for the year but the magnitude varied greatly. The Nasdaq Composite was up 43%, the S&P 500 16%, and the Dow Jones only 7%. Bitcoin soared ove...

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Jan 04, 2021
Watchlist: 12/31 New Year’s Eve

Market Notes: Futures are flat this morning as the final day of the year is likely to be a non-event. The market is still bullish as stimulus payments are rolling out and vaccines are slowly being distributed. I’ll be trading my normal setups today....

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Dec 31, 2020