Trading Journal for 12/21
6:26AM: SPX futures are at 4597. RELI is gapping up 143% on no news; it’s currently trading near VWAP. ARDS is gapping up 63% on news of a monoclonal antibody cocktail that is effective against multiple variants; it’s currently trading below VWAP.
6:35AM: Both RELI and ARDS are selling off at the open.