Last week was a bloodbath in the markets. Honestly, we are probably going to have a few bumps along the way. I’ve got to see how this week plays out in order to determine if we have bottomed out or where we may be headed.
In addition, the Senate passed the $1.9T stimulus packaged which was passed by the House last weekend.
Stocks I will be watching for potential upside/downside swing plays:
Roblox Corp ($RBLX) - Set to IPO on Wednesday
Palantir Technologies Inc ($PLTR) - Seems to be one of the few stocks not getting overly crushed in the bloodbath since it has strong support in the $22-$23 range.
As always, this is not financial advice. I use this as a way to journal my thoughts and share with anyone else interested enough to want to read this, as well as for educational purposes only.