Watchlist: 12/2 Vaccine Approved

Market Notes: The S&P 500 and the Nasdaq posted record-high closes. The bull run appears intact. News broke overnight that the UK has approved the emergency use of PFE’s vaccine. The first round of doses is scheduled to be distributed as early as...

Read More
Dec 02, 2020
Watchlist: 12/1 Dollar Weak, Weed & Bitcoin Strong

Market Notes: The U.S. Dollar has fallen to its lowest point in over 2.5 years. Bitcoin is surging, hovering near all time highs at writing. Weed stocks are moving up as the U.S House will vote on legislation this week. Its fate is still uncertain in...

Read More
Dec 01, 2020
Watchlist: 11/30 November Rain

Market Notes: Markets are pointing towards a mixed open as we bring a busy November to a close. The SPY has been down for 13 of the previous 21 final trading days of November. The major indexes are all flirting with record highs. We could see some pr...

Read More
Nov 30, 2020
Watchlist: 11/27 Attack of the SPAC

Market Notes: Futures are drifting sideways, near flat at writing. The VIX is dropping lower, closing in on its lowest point since the pandemic began. Markets are bullish on all accounts right now as the Presidential transition has entered into a pea...

Read More
Nov 27, 2020
Watchlist: 11/25 New Records Everywhere

Market Notes: The Dow and S&P 500 both posted new record high closes yesterday. I think we are still in good position for a strong end of year rally. Markets were all up 1% or more. I believe the markets could take a breather today and pick-up mo...

Read More
Nov 25, 2020
Watchlist: 11/24 Green Energy Insanity

Market Notes: I love a hot sector as much as anyone but these levels are completely insane! It’s pretty great too… The green/alternative energy sector is flying, the lower the float, the bigger the move. I don’t believe these price levels are sustain...

Read More
Nov 24, 2020
Watchlist: 11/23 It’s Monday… New Vaccine

Market Notes: For the third Monday in a row, there is new of a vaccine for COVID-19. This one is by AZN and is reportedly 70% effective. Markets will trade a short week. We will be closed on Thursday and only a 1/2 day on Friday. I will be trading Fr...

Read More
Nov 23, 2020
Watchlist: 11/20 Sideways Fridays

Market Notes: After a decent sell-off on Wednesday, the markets made small gains yesterday. Markets are near flat at writing and still below critical resistance. Friday’s have been a bit funky this year and not as optimistic as years past. The pandem...

Read More
Nov 20, 2020
Watchlist: 11/19 Preparing to be Wrong

Market Notes: Yesterday near the end of the day sellers took over and the markets all ended in the red after spending most of the day in the green. This sell-off broke critical support levels. I’ve been calling for a bull run into the end of the year...

Read More
Nov 19, 2020
Watchlist: 11/18 The Perfect Dip

Market Notes: The S&P 500 dipped yesterday but held support at previous record highs. This is a very bullish sign. Futures are up this morning and I expect the buying to continue until at least the end of the year. Major retailers WMT and TGT hav...

Read More
Nov 18, 2020