Good morning
Equities are mixed in Pre market with the DOW up slightly while the S&P 500 and NASDAQ are slightly lower. It is likely going to be an eventful day in terms of economic data with the new Fed chair presenting on Capitol Hill today and several other data points out this morning. We could see a choppy day as data is released and then absorbed and then interpreted.
8:30 Powell to release semiannual monetary policy statement
8:30 Durable Goods
8:30 International trade in goods
8:30 Retail Inventories (Advance)
8:30 Wholesale Inventories (Advance)
8:55 Redbook Chain Store Sales
9:00 S&P Corelogic Case-Shiller Home Price Index
9:00 FHFA House Price Index
10:00 Consumer Confidence
10:00 Richmond Fed Mfg.
10:00 State Street Investor Confidence Index
10:00 Powell to testify before the House of Representatives' Committee
3:00 PM Farm Price
- INTT low floater pr> earnings on March 8th not a great looking daily however could set up for a day trade need volume do not chase
- HMY and TAHO two precious metals play to keep an eye on for potential swing plays good looking technical setups on the daily
- MOSY earnings beat flirting with 2 roll do not chase already ran into earnings report
- RYAM good looking daily chart potential swing on pull to potential price support
- NTRI big gapper lower off earnings could get a bounce intra day WTW potential sympathy play they report after the close
- FAMI recent IPO low float china name potential day trade with volume and intra day setup
- ZOES 10 percent owner buys 1.3 million shares 14 and change could be a swing opp on pull to 14 -14.50 area
Feb 27th 2018 Pro Pre market Prep from Alpha Wolf Trading on Vimeo.