Hot Stocks To Watch 1/7/2020

195

Tuesday, January 8, 2020

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are European markets are slightly higher in early trading. Markets are higher this morning as there has been no escalation in the US/Iran conflict easing some concern of investors. Crude priced are back around $68 after spiking to a high near $71 in yesterday’s session. Asian stocks settled the session higher. 

 

Technicals

The SPY opened near the 20EMA in yesterday’s session then rallied through the day to continue consolidating below the all-time highs. Support will first be found at the 20EMA and pivot at $319.78, 315.48, gap fill at $312.5, $309.06, 100SMA at $303.98. Resistance will be found at all-time highs of $324.89 and ascending resistance of 326.30.

 

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**

APA, APLS

 

Economic Calendar

  8:30  International Trade In Goods

  8:55  Redbook

10:00  Factory Orders

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

 

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