Premarket is deeply in the red and looking ugly. I anticipate moves lower across the board on lower than average volume. News of a new Covid variant is spooking the market. Sitting out until the market digests it.
Shorting GLD or buying puts may be a quick trade today. Often traders liquidate their GLD position first if they need to cover a margin call.
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TG - Originally picked this on 2/17 and after hitting my target it has retraced and appears to be setting up again with a recent MACD cross and close above the .5 fib level are very bullish . Also h
EXTN - Hit my prior target ($7.36) in 15 trading days. I remain bullish and up the target to $8.09 Also watching: AUY, BKR, ARKO, FTI, TG
ELMD - We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart ( wedge ). Also the MACD is crossing over and momentum recently c
