Hot Stocks To Watch 10/6/2017

746

Friday October 6, 2017

Economic Calendar & Watch List

 

Morning Notes

US futures are flat and European shares are down in early trading ahead of the US Jobs Report. The report numbers are expected to be much lower than last month due largely in part to hurricanes Irma and Harvey. Spanish stocks are weighing on the European market, but losses were limited with strength in the German economy. Asian markets settled higher to end the week.

 

Technicals

The SPY continued its bull run in yesterday’s session closing with its 6th consecutive day of record highs. Support will be at yesterday’s range low at $253.20, followed by $252.56, $252.23, then $251.29, then the 20EMA at $250.43, and then recent pivot and ascending support line at $250.13. Resistance will be at the high of yesterday’s range at $254.68.

 

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**

 

Economic Calendar

0830  Sept. Jobs Report, expected +80k

0915  Fed Pres. Bostic Speaks

1215  Fed Pres. Dudley Speaks

1245  Fed Pres. Kaplan Speaks

1300  Baker-Hughes Rig Count

1350  Fed Pres. Bullard Speaks

 

Notable Earnings Before Open
NONE

 

Notable Earnings After Close

NONE

 

NO COMMENTS