Hot Stocks To Watch 6/14/2019

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Friday June 14, 2019

Economic Calendar & Watch List

Morning Notes

US Futures and European markets are slightly lower in early trading. Markets are pulling in a little here on a disappointing industrial output growth report coming from China which confirms fears of economic slowdown while the trade war continues. Crude oil remains under pressure with the economic slowdown and tensions rising in the Middle East. Asian markets settled the session mostly lower.

 

Technicals

The SPY continued to consolidate around the $289.4 pivot area in yesterday’s session. Support will first be found with the 50SMA at $287.13, followed by the 20EMA at 285.12, the 100SMA at $281.58 ,$281.20 pivot, and the 200SMA at $277.26. Resistance first lies at $289.50 and all time highs at $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**

AVGO

 

Economic Calendar

 8:30  Retail Sales

 9:15  Industrial Production

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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