Hot Stocks To Watch 4/18/2019

314

Thursday April 18, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European shares are lower in early trading. Investors are cautious following reports that North Korea has resumed weapons testing and ahead of the redacted Muller report release today. Asian markets settled the session mostly higher. A reminder to all that markets are closed tomorrow for observance of Good Friday.

Technicals

The SPY gapped higher in yesterdays session and then fell to the $289.4 support level. Support will first be found at $289.4, then $288.8, $287, followed by the $286.6 pivot, the 20EMA at $286.27, $281.2, the pivot and 200SMA at $276.23, $275.50, $272.42, then the 100SMA at $270.85. Resistance first lies at $293.2 and $294

 

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**

SKX, STNE, TEAM

 

Economic Calendar

 8:30  Weekly Unemployment Claims, exp. 206k

 8:30  Retail Sales

 8:30  Philadelphia Fed. Business Outlook Survey

 

Notable Earnings Before Open

American Express (AXP) – EPS Est. $2.00

Skechers U.S.A. (SKX) – EPS Est. $0.72

Phillip Morris (PM) – EPS Est. $0.99

 

Notable Earnings After Close

Intuitive Surgical (ISRG) – EPS Est. $2.07

 

NO COMMENTS

LEAVE A REPLY