Hot Stocks To Watch 9/25/2017

1925

Monday September 22, 2017

Economic Calendar & Watch List

 

Morning Notes

US Futures and European markets are quiet this morning as investors digest the the German voting results which left much uncertainty on the table for the political future of Europe’s largest economy. Asian stocks closed mostly lower.

 

Technicals

The SPY support will lie at the low of Friday’s range at $249.02, followed by $248.92,  $248.57, the 20EMA at $248.24, gap entry at $248.02, gap fill at $247.11, the 50SMA at $246.83, then $246.23, $244.95, $244.62, and the 100SMA at $244.26. Resistance will lie at the high of Friday’s range at $249.63, followed by $249.98, $250.19 and record highs 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**

$GPC

$TSLA

$ICPT

 

Economic Calendar

8:30 August Chicago Fed national activity index expected -0.24 to -0.25

8:30 New York Fed President William Dudley speaks

10:30 September Dallas Fed manufacturing activity expected -5.5 to 11.5

11:00 USDA weekly grain export inspections

12:40 Chicago Fed President Charles Evans speaks

 

Notable Earnings Before Open
Ascena Retail (ASNA) – EPS Est. -0.03

 

Notable Earnings After Close

NONE

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