The Closing Print live trading and financial blog during market hours.

The S&P500 Futures and SPY are sharply higher this morning as COVID-19 vaccine progress sparks optimism. This news is also sending shares of lockdown companies, airlines, and cruise ship stocks higher.

We’ll sell some MRNA options this morning, as they trade ITM at the open. The stock is up (+16.20%), after announcing the results of its ongoing early-stage trials. MRNA’s experimental vaccine showed it was safe while boosting immune response in its trial volunteers.

SPY Daily

Airlines, Cruise, and lockdown stocks are higher this morning, while SPY trades above the Monday reversal highs. More importantly, price action is above the key 9/21d moving averages. The 50/200d moving averages crossed as well, setting up the longer-term trend, flipping to confirmed bullish.

Click to enlarge

We’ll sell some of the DIS position (+2.87%) this morning. The 07/24 120C is in the money, with time to seek more profits, so we take 1/2 off.

Bought these shares after hours and selling some pre-market.

  • JBLU (+8.37%)
  • AAL (+8.56%)
  • CCL (+8.91%)

We’ll reassess the markets after 10:00 – 10:15 AM, so be sure to tune into the LIVESTREAM broadcast during market hours, as we navigate the current environment. Watch, listen, and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading, 


Want to become a member? Check details here:

Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advice” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine-tune entry and exit points to average seasonal trends. 

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.