Hot Stocks To Watch 3/2/2020

1005

Monday, March 2, 2020

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are higher and European markets are lower in early trading. Fears of Investors are slightly eased by the words from Fed Chair Powell that they would “act as appropriate” given the economic impacts from coronavirus.  Asian stocks settled the session higher. 

 

Technicals

The SPY continued it’s the decline in Friday’s session and then exhibited basing action into the afternoon. Support will first be found at $284.87 and $281.47. Resistance will be found at $302.55, the 200SMA at 304.38, $309.65, $315.48 and the 100SMA at $316.27.

 

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**

KPTI, JD

 

Economic Calendar

10:00  ISM Manufacturing Index

 

Notable Earnings Before Open

JD.com (JD) – EPS Est. $0.44

 

Notable Earnings After Close

Tilray (TLRY) – EPS Est. $-0.34

NO COMMENTS

LEAVE A REPLY