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9/1/21 - Historically underperforming month starts with momentum


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The SPY and QQQ start up on the day, in September which historically is the worst performing month in the calendar year. However, this year and last are very unique so we will see if that trend continues...

Bitcoin and Ethereum seem to be on different paths, Ethereum continues to climb while bitcoin continues to consolidate out a bit. Will this trend continue? We will need to see how Ethereum reacts when it gets to 3.6k and if Bitcoin can eventually break above 50k in a meaningful move.

Definitely some opportunities out there to be had to day in the markets, some stocks I am keeping an eye on are TWLO, GDS, FIGS, and SAVA.

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Let's TradeBy Derek Hutson