Friday March 15, 2019
Economic Calendar & Watch List
Morning Notes
US Futures and European shares are slightly higher in early trading. Markets are slightly higher with renewed hopes that the US and China were making progress in drafting a trade agreement between the two nations. FB is lower this morning following the exit of two of its top executives. Asian markets settled the session mostly higher.
Technicals
The SPY traded in a tight range in yesterday’s session consolidating at the $281.2 pivot. Support will first found at the $281.2 pivot, followed by the 20EMA at $277.26, the $275.5 pivot and the 200SMA at $274.99, then pivot low of $272.42, $270, and the 100SMA at $267.76. Resistance first lies at $286.6 and $288.8
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**
ULTA, FB
Economic Calendar
9:15 Industrial Production
10:00 JOLTS
10:00 Consumer Sentiment
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
