Hot Stocks To Watch 9/15/2017

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Friday September 15, 2017

Economic Calendar & Watch List

 

Morning Notes

US Futures and European shares are lower this morning with renewed geopolitical risks. North Korea launched another missile over Japan and London experienced a terrorist bombing on a subway train. Asian stocks settled the day mostly mixed.

 

Technicals

The SPY remained range bound yesterday, encountering support and resistance within Wednesday’s high and low range. Support will lie at the low of yesterday’s range at $249.60, then gap entry at $249.42, followed by gap fill at $249.30, then ascending resistance at $249.70, another gap entry at $248.02, then the 20EMA at $247.17, followed by gap fill at $247.11, then $246.30, $246.23, the 50SMA at $245.98, then $244.95, $244.62, and the 100SMA at $243.59. Resistance will lie at the high of yesterday’s range at $250.32.

 

Small Cap Watch List

*Please refer to the momentum scanners displayed live in the chat room for potential plays at the market open.

 

**Others On Watch**

ORCL

 

Economic Calendar

0830  Retail Sales, expected +0.1% M/M

0915  Industrial Production, expected +0.1% M/M

1300  Baker-Hughes Rig Count

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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