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The indexes seemingly decided to take the day off on Tuesday, with little to no movement as they rested after a long run up. Both appear to be ready to open green this morning, at or near recent highs. Earnings and stimulus keep pushing the markets higher, and we’ll be cautious with our longs as the markets have no overhead resistance at these levels to guide profit taking. Could see a small pullback to short term levels on support, which would allow us to move into positions for the next leg up.
Tuesday: TWTR, CSCO, FISV, LYFT
Wednesday: GM, UBER, CME, MGM, UAA
Thursday: PEP, DIS, KHZ, DDOG