Hot Stocks To Watch 5/3/2019

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Friday May 3, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European markets are higher in early trading. Investors will be watching the employment data that is released this morning for strength into the US jobs market. Asian markets settled the session mostly higher.  

Technicals

The SPY tested and held the 20EMA in yesterday’s session. Support will first be found at the 20EMA at $290.08, $289.4, $288.8, $286.6, $281.2, and the 200SMA at $277.03. Resistance lies at $293.2, and all time highs of $294.95

 

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**

WW, CTSH, OLED

Economic Calendar

 8:30  Employment Situation

 8:30  International Trade In Goods

10:15  Fed Pres. Evans Speaks

11:30  Fed Pres. Clarida Speaks

 1:45  Fed Pres. Williams Speaks

 7:45  Fed Pres. Bullard, Kaplan, Meister and Daly Speak

 

Notable Earnings Before Open

Newell Brands (NWL) – EPS Est. $0.06

DISH Network (DISH) – EPS Est. $0.65

 

Notable Earnings After Close

NONE

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