Hot Stocks To Watch 2/13/2018

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Monday February 12, 2018

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are trending slightly lower along with European stocks in early morning trading. Energy stocks are weighing on markets as new data is showing US production may counter the OPEC production cuts already in place. European stocks are slipping on weakness in export stocks. Asian markets closed predominantly mostly higher.

 

Technicals

The SPY continued the rebound from Friday in yesterday’s session, consolidating at and closing above its 100SMA. Support will first lie at yesterday’s low of $261.66, then the 200SMA at $253.81, recent lows at $252.92, followed by a pivot at $250.15 and $248.08. Resistance will lie at yesterday’s high of $267.01, followed by $268.17, the 50SMA at $271.50, then the 20EMA at $272.24, and pivots at $272.36, $275.45, $280, then $284.10, and all time highs at $286.63.

 

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**

WB, NVDA

Economic Calendar

 8:00  Fed Pres. Meester Speaks

 8:55  Redbook

 

Notable Earnings Before Open

Pepsico (PEP) – EPS Est. $1.30

Weibo (WB) – EPS Est. $0.53

 

Notable Earnings After Close

Baidu (BIDU) – EPS Est. $1.65

Twilio (TWLO) – EPS Est. $-0.18

 

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