Hot Stocks To Watch 1/8/2019

0
98

Tuesday January 8, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European shares are higher in early trading. Markets are continuing higher on optimism of a potential trade deal while the US and China are engaged in talks. A boost in crude prices is also helping the overall market. Asian markets settled the session mixed.

Technicals

The SPY broke above the major resistance of the 20EMA in yesterday’s session. Support is first found at the 20EMA of 253.5, then $250, $248, $242, $240, followed by $235, $231.95, and $228.56. Resistance first lies at $254.50, $260, $263, $265, $268, $270, and the 200SMA at $273.91.

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**

AMD, ROKU, NFLX, TWLO

Economic Calendar

 8:30  International Trade

 8:55  Redbook

10:00  JOLTS

Notable Earnings Before Open

NONE

Notable Earnings After Close

NONE



NO COMMENTS

LEAVE A REPLY