Hot Stocks To Watch 4/13/2020

981

Monday, April 13, 2020

 

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are slightly lower and European markets are closed for Easter early trading. Investors will be watching earnings kick off this week and guidance that will be released amid the COVID-19 pandemic. Oil prices are rising following an OPEC agreement that was reached over the weekend. Asian stocks settled the session mostly higher. 

 

Technicals

The SPY consolidated higher in Thursday’s session and found resistance around the $281 pivot area. Support will first be found at $271.3, descending support near $265, then the 20EMA at $263.24, $256.35, $247.68, followed by $242.21, $233.76, $228.02, and $218.26. Resistance will be found at $281.5, gap fill at $290.23, and the 200SMA at $301.16.

 

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**

NCLH, CCL, GILD

 

Economic Calendar

NONE

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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