Trading Journal for 1/28
6:20AM: SPX futures are back up to 3770. A lot of the GME-related short squeeze stocks are gapping up today: JAN (+148%), ACY (+88%), KOSS (+88%). GME actually broke above $500 pre-market. Given how unusual the current market is, I’ll be sitting tight and waiting for something good.
6:39AM: GME and KOSS are rising. If GME gets back above yesterday’s highs, It might head back to $500.
6:43AM: I’m noticing that TSLA has been approved for a slice of the EU’s battery funding:
7:03AM: US GDP growth is slowing:
US Economy Slows Sharply As Pandemic Resurges
The nation's economic engine slowed considerably in recent months, as it faced off against a winter wave of coronavirus…
7:06AM: SPX is back above 3800.