Hot Stocks To Watch 9/27/2019

1040

Friday, September 27, 2019

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures and European markets are higher in early trading. Investors are optimistic about US/China trade talks as negotiations are slated to resume on Oct. 10 in Washington. However, political risks with impeachment proceedings starting with Pres. Trump continues to overshadow markets. Asian stocks settled the session mixed.

 

Technicals

The SPY failed to hold the 20EMA early in yesterday’s session and then ended the day consolidating around that level. Support will first be found at the 20EMA of $297.21, followed by 296.80, $294.30, the 100SMA at $292.05, $288.44, then ascending support of $287.75. Resistance will be found at ascending resistance at $302.20, $302.63 and ascending resistance of $305.40

 

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**

MU

 

Economic Calendar

  8:30  Personal Income and Outlays

  8:30  Durable Goods Orders

  8:30  Fed Pres. Quarles Speaks

12:00  Fed Pres. Harker Speaks

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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