Hot Stocks To Watch 12/31/2019

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Tuesday, December 31, 2019

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are European markets are slightly higher in early trading. Investors are optimistic about the news that China may send over a delegation this week to sign the phase 1 trade deal. Investors also look to close out a great year for the markets on this last trading day of 2019. Asian stocks settled the session mixed. 

 

Technicals

The SPY exhibited weakness in yesterday’s session. Support will first be found at previous highs of $321, followed by the 20EMA at $317.76, gap fill at $312.5, $309.06, 100SMA at $302.38. Resistance will be found at all-time highs of $323.80.

 

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**

RAD, WVE

 

Economic Calendar

  8:55  Redbook

10:00  Consumer Confidence

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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