Happy New Year 2021!
Georgia senate elections and continuing pandemic will drive the markets in January.
If the Georgia elections results in Republicans taking control of the senate then the stock market is expected to react bullishly else bearishly if the Democrats do.
Covid-19 infections and deaths in the US remains high. Investors will watch the distribution and administration of the Covid-19 vaccine and it’s affect on the high infection totals,
The following is a list of stocks for the week of Dec 28, 2020 – Dec 31, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
Ticker | Company Name | Date | Chart Type | RSI |
None!! |
The bearish matches – Overbought RSI
Ticker | Company Name | Date | Chart Type | RSI |
NICE | Nice-Systems | Dec 28, 2020 | Hanging Man | 78.45 |
WCC | Wesco | Dec 29, 2020 | Hanging Man | 72.93 |
DDS | Dillards | Dec 29, 2020 | Hanging Man | 71.39 |
PRGS | Progress Software | Dec 29, 2020 | Hanging Man | 70.14 |