Hot Stocks To Watch 6/25/2018


Monday June 25, 2018

Economic Calendar & Watch List


Morning Notes

US Futures and European are lower in early morning trading. This after the trade war seems to be intensifying between the US and its trade partners. Pres. Trump tweeted over the weekend that there would be more action levied against those countries who place “artificial” trade barriers up to US companies. Asian markets settled lower to start the week.



The SPY traded in a tight range in Friday’s session, trading between its 20EMA and the $275.5 pivot and is gapping lower this morning. Support will first lie at the $274 swing high pivot area, then the 100SMA  at 270.15, then pivots at $270 and $267, then the 200SMA at $266. It continues at the pivots at $265, $256.60, $254.67, and the low of the February sell down at $252.92. Resistance will lie at the confluence of the $275.5 pivot and the 20EMA, followed by the gap of $277.5, then $280, $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**


Economic Calendar

10:00  New Home Sales


Notable Earnings Before Open

Carnival (CCL) – EPS Est. $0.60


Notable Earnings After Close



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Mike Herman Mike graduated from the Florida State University with a Real Estate and Bachelor of Finance degree and focused particularly in the field of Behavioral Finance. During his time at the Florida State University, Mike began to trade equities and quickly realized the opportunities that existed in the markets. Through trading, Mike had facilitated relationships with a few very experienced individuals who had an expertise in the private equity field. More specifically, the private funding of small cap start-up companies. After several years of successful deals as a venture capitalist, Mike made the decision to return to work as an independent trader. Throughout the past 7 years of working as an independent trader, Mike has refined his strategy to focus on news driven momentum while factoring in market sentiment and psychology with an emphasis on proper risk management. Mike possesses a unique ability to rapidly decipher critical market moving news and take appropriate action. You can contact Mike at Legal Disclaimer – This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.