Hot Stocks To Watch 4/5/2019

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Friday April 5, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European shares are higher in early trading. Trade talks continue today in Washington between China and the US. Investors will be watching the March jobs report numbers that come out at 8:30 for insight into the strength or weakness of the labor market. Asian markets settled the session mixed.

Technicals

The SPY consolidated at the recent highs in yesterday’s session on lighter than average volume. Support will first found at the $286.6 pivot, then the 20EMA at $282.04, the $281.2 pivot, the pivot and 200SMA at $275.50, then pivot low of $272.42, $270, and the 100SMA at $269.37. Resistance first lies at $288.8 and $289.45.

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**

NONE

 

Economic Calendar

 8:30  Jobs Report

 3:30  Fed Pres. Bostic Speaks

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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