Watch List March 29th

Good Morning,

The market continues to be under a lot of pressure heading into the election next week. All of the major indices had gap down and go down yesterday and near low of day closes. Overnight and this morning the futures have been all over the place and for the moment we are pointing to a relatively flat open, but a lot could change with the GDP and jobless claims numbers at 8:30 AM Eastern time. We can't stress enough that small position size and small overall risk in critical to preserving your capital right now, and as a reminder cash can be a position in times like this. Here is a very small list of names that I will be watching today:

PLTR has been showing a ton of relative strength and looks ready to push up to its IPO day highs if it can take out the $11 level. I like this on a red to green move for entry to test $11 and ultimately test the mid $11s for a major breakout

TUP had a nice earnings beat yesterday and provided some nice day trade opportunities in chat. Today I will be looking for a soft open and red to green move to get long for a swing trade

FSLR also had a nice earnings beat yesterday and I also like this on a soft open that goes red to green

NIO had a beautiful inside day candle yesterday and I like this over yesterday's highs for a test of Tuesday's highs and a push up towards $30

IWM is losing key support at $153 in the premarket, and I am interested in IWM puts if it tried to reclaim 153 and fails

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