Wednesday, September 30, 2020

A solid move up for stocks on Tuesday and Wednesday until volatility appeared this afternoon with the market selling off on news that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to strike a deal on the Covid-19 stimulus which is long overdue. While some stocks sold down most leading stocks closed higher with modest gains of $1 to as much $20 each as was the case with The Trade Desk (TTD).

Letís start the charts tonight with two leading indexes.

TBA = Technical Buy Area

Now a look at some leading stocks starting with Datadog (DDOG) which broke higher on massive volume today.

Lastly letís review a few recent IPOís.

I look forward to seeing you in the chat room on Thursday and Friday and then back here on Sunday night to review our stocks.

Daniel J. Zanger