Today's Action: Premarket as of 7:08 AM EDT

 

Market Overview

• Premarket Mixed
• BTC Down
• Gold Down
• WTI Up
• Brent Up
• Bonds(yield) Down
• Vix Down
• Initial Jobless Claims at 8:30 AM
• New Home Sales at 10 AM
• Article: Economist Stephen Roach issues new dollar crash warning, sees double-dip recession odds above 50%
• Article: Volkswagen All-Electric ID.4 SUV To Sell For $40K In US
• Article: ChargePoint to go public in $2.4bn reverse merger

Flags from Monday: Suggested Stop Loss for the Best Result

STOP: Recommend Stop above is for the "TOP PICK" only. All other cases, I recommend to use 1% Stop.

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.