Hot Stocks To Watch 3/18/2019

1198

Monday March 18, 2019

Economic Calendar & Watch List

Morning Notes

US Futures are mixed and European shares are higher in early trading. Investors will be watching the minutes release from the FOMC meeting that happens this week so see if the Fed is keeping its dovish stance on interest rates in the near term.  BA remains under pressure following more news scrutinizing the aircraft approval process with the FAA. Asian markets settled the session higher.

Technicals

The SPY continued to consolidate around the $281.2 pivot in Friday’s session. Support will first found at the $281.2 pivot, followed by the 20EMA at $277.65, the $275.5 pivot and the 200SMA at $275.05, then pivot low of $272.42, $270, and the 100SMA at $267.82. 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**

LL, OSTK, FB

Economic Calendar

NONE

 

Notable Earnings Before Open

Overstock.com (OSTK) – EPS Est. $-0.67

 

Notable Earnings After Close

NONE

 

NO COMMENTS

LEAVE A REPLY