Tuesday March 26, 2019
Economic Calendar & Watch List
Morning Notes
US Futures and European shares are mostly higher in early trading. European markets are mixed today following UK lawmakers temporarily taking control of the Brexit process from PM May. Markets are edging slightly higher today following easing of recession fears. Asian markets settled the session mixed.
Technicals
The SPY consolidated in yesterday’s session around the 20EMA. Support will first found at the 20EMA at $279.32, the $275.5 pivot and the 200SMA at $275.27, then pivot low of $272.42, $270, and the 100SMA at $268.45. Resistance first lies at $281.2, $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**
Economic Calendar
3:45a Fed Pres. Harker Speaks
8:00 Fed Pres. Harker Speaks
8:30 Housing Starts
10:00 Consumer Confidence
8:30 Fed Pres. Rosengren Speaks
Notable Earnings Before Open
Cronos Group (CRON) – EPS Est. $-0.01
McCormick & Co. (MKC) – EPS Est. $1.06
Notable Earnings After Close
NONE
