Hot Stocks To Watch 8/13/2019

238

Tuesday, August 13, 2019

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures and European markets are lower in early trading. Global economic slowdown remains a concern following GDP data from Singapore which showed its weakest growth in nearly 10 years. Protest in Hong Kong in addition to the ongoing US/China trade dispute continue to weigh on markets. Asian stocks settled the session lower.

 

Technicals

The SPY failed to hold the 100SMA in yesterday’s session falling through the $288 support level. Support will first be found with descending support at $285.85, $281.72, followed by the 200SMA at $279.04. Resistance will be found at $288.44, then the 100SMA at 290.06, $293.20, the 20EMA at $293.75, $294.45, $297, then $299.6, $301 and $302.23

 

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**

AAP, JD, CVET, DCPH

 

Economic Calendar

  8:30  Consumer Price Index

 

Notable Earnings Before Open

JD.com (JD) – EPS Est. $0.05

Advance Auto Parts (AAP) – EPS Est. $2.22

 

Notable Earnings After Close

NONE

 

NO COMMENTS

LEAVE A REPLY