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Peter's Daily Update January 21st

Good Morning,

The market is giving us a pretty decent gap down this morning, which is not a bad thing. This seems to be primarily driven by weakness in Asian markets on the threat of the corona virus, and we will have to see if this dip ends up getting bought at a potential support point. As far as a watch list for today I will be focused on the weekly watch list, which can be found here https://www.thetraderspath.com/post/weekly-watch-list-january-18th If the gap down does end up getting bought up, I will likely look to either add to the 1/3 size positions I have in PTON or I or look to maybe start another 1/3 to 1/2 size position in a name from the watch list.