Pristine Capital

Pristine Capital

Pristine Market Analysis & Watchlist 1.3.24

📈 MSOS Flies High!

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Jan 04, 2024
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  • S&P 500 retests the 20-day SMA

  • MSOS halted intraday on DEA review of cannabis drug classification

Team,

Day two of the new year, and day two of the selloff! Let’s take a look under the hood.

2024 is going to be our year 🥳

-Andrew


Market Update

News/Economic Data

We knew from our seasonality study two weeks ago that there was a strong chance January would be a weak trading month, so we were well prepared for today’s market volatility with a 100% cash balance. We did deploy some of that cash intraday though!

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