Today's Action: Premarket as of 7:15 AM EDT

Market Overview

• Premarket Up
• BTC Up
• Gold Down
• WTI Up
• Brent Up
• Bonds(yield) Up
• Vix Down
• The sale of TikTok's U.S. operations has been complicated by new Chinese regulations restricting the export of A.I. tech.
• China's domestic economy strengthens, but bank results point to problems.
• Buffet bets $6 billion on Japanese trading houses
• FDA head Hahn walks the tightrope
• Article: Ominous trend suggests the S&P 500′s record rally faces trouble, long-time bull Art Hogan warns
• Article: Huawei Fallout—Serious New China Threat Strikes At Samsung And Apple
• Article: Jack Ma’s Ant Fuels Tech IPO Frenzy Not Seen Since Dotcom Bubble

Flags from Friday: Pre-market

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.