Let's Trade

8/23/21 - Looking to continue momentum


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All markets start up on the day by pretty good margins, looking to continue the momentum from a strong close last Friday. SPY and QQQ pretty close to record highs though so could potentially see some choppiness around the current range.

Bitcoin breaks above 50k as predicted without a ton of resistance on the way up, next stop would be around 56-58k, however expect some choppiness on the way up, very unlikely to be a straight line up.

Some stocks being watched today are COIN, CHWY, UPST, and MOS.

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Let's TradeBy Derek Hutson