Hot Stocks To Watch 3/29/2019

310

Friday March 29, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European shares are higher in early trading. Markets are higher on renewed optimism regarding US/China trade as Treasury Secretary Mnuchin stated talks in Beijing were “constructive” and that discussions would continue in Washington next week. Investors will be watching the LYFT IPO that debuts today. Asian markets settled the session higher.

Technicals

The SPY continued to consolidate around the 20EMA support and 281.2 pivot in yesterday’s session. Support will first found at the 20EMA at $279.62, the $275.5 pivot and the 200SMA at $275.31, then pivot low of $272.42, $270, and the 100SMA at $268.84. Resistance first lies at $281.2, followed by swing high pivot of $285.18, then $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**

RH, SGH, KMX

 

Economic Calendar

 8:30  Personal Income and Outlays

 9:25  Fed Pres. Williams Speaks

 9:45  Chicago PMI

10:00  Consumer Sentiment

10:30  Fed Pres. Kaplan Speaks

12:05  Fed Pres. Quarles Speaks

12:45  Fed Pres. Quarles Speaks

 

Notable Earnings Before Open

Carmax (KMX) – EPS Est. $1.04

 

Notable Earnings After Close

NONE

 

NO COMMENTS

LEAVE A REPLY