Hot Stocks To Watch 3/6/2019

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Wednesday March 6, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European shares are slightly lower in early trading. Investors continue to watch for new developments in the trade negotiations between the US and China as global markets continue to show a decline in economic growth. Asian markets settled the session mostly lower.

Technicals

The SPY consolidated around the $279 area in yesterday’s session. Support will first found at the near term support of $276.1 followed closely by the $275.5 pivot confluence with the 20EMA, then the 200EMA at $274.79, $270, the 100SMA at $267.78. Resistance first lies at $281.2 and $286.6.

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

 8:30  International Trade In Goods

12:00  Fed Pres. Mester Speaks

12:10  Fed Pres. Williams Speaks

 

Notable Earnings Before Open

Dollar Tree Stores (DLTR) – EPS Est. $1.53

 

Notable Earnings After Close

NONE

 

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