Hot Stocks To Watch 11/15/2017
Warrior Trading | Nov 15, 2017 11:58PM ET
Economic Calendar & Watch List
Morning Notes
US Futures along with European stocks are down this morning in early trading led by weakness in energy. A drop in crude oil prices after API data late yesterday in conjunction with a stalled tax reform plan is weighing on major indexes. Asian stocks closed predominantly lower.
Technicals
The SPY (NYSE:SPY) tested the 20EMA again and edged back higher to close yesterday’s session positive. Support will lie at the 20EMA at 257.02, followed by the low of yesterday’s range at $256.52, then $256.36, $256.19, $255.62, a pivot at $254.30, then $253.98, the 50SMA at $253.70, then $253.65, $253.20, and a recent pivot at $250.15. Resistance will lie at the high of yesterday’s range at $257.85, then $258.59, $259.22, and all time highs at $259.35.
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**
Economic Calendar
3:00 Fed Pres. Evans Speaks
8:30 Consumer Price Index
10:30 EIA Petroleum Status Report
4:00 Fed Pres. Rosengren Speaks
Notable Earnings Before Open
Target Corporation (NYSE:TGT)– EPS Est. $0.85
The Childrens Place Retail Stores (NASDAQ:PLCE) – EPS Est. $2.46
Notable Earnings After Close
Cisco Systems Inc (NASDAQ:CSCO) – EPS Est. $0.55
L Brands (NYSE:LB) – EPS Est. $0.30
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