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7/21/21 - Markets looking to keep momentum
After a big bounce yesterday from Monday's selloff t he markets are looking to keep momentum going heading into the middle of the week.
85% of S&P companies have beat earnings expectations so far which of course is a good sign for the state of our economy.
VIX volatility indicator is down, pair that with the good start we have for the day and a solid pattern and there are definitely opportunities to make money.
Bitcoin rallies a bit overnight to reach $31.5k which you love to see, looking to break above 32k by the end of the trading day to show a good sign of strength for us there.
Trades we are watching today are JPM, RKT, DAL, and TRGP.
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By Derek HutsonAfter a big bounce yesterday from Monday's selloff t he markets are looking to keep momentum going heading into the middle of the week.
85% of S&P companies have beat earnings expectations so far which of course is a good sign for the state of our economy.
VIX volatility indicator is down, pair that with the good start we have for the day and a solid pattern and there are definitely opportunities to make money.
Bitcoin rallies a bit overnight to reach $31.5k which you love to see, looking to break above 32k by the end of the trading day to show a good sign of strength for us there.
Trades we are watching today are JPM, RKT, DAL, and TRGP.