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Daily Note

Markets Ignoring Risks

Jan 6, 2020

Thomas Thornton

  • Markets are ignoring risks and sentiment remains elevated to the extreme as sellers remain unmotivated
  • A few Trade Ideas changes today
  • I highlight some support levels using VWAP calculations on SPY, QQQ, and IWM to watch
  • S&P and Nasdaq resilient for now
  • Byron Wien's "Surprises for 2020" and my thoughts on each surprise
  • Tesla update
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