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My Stock Watchlist for March 2019


Market Pulse.


Ending February, we have a very overbought market and a bullish sentiment in all Wall Street levels, professional and particular investors. Take note this amazing numbers for this 2019:
- The Dow Jones finished the month with an 11% YTD gain, best two-month start since 1987. 
The SP500 SPX closes February breaking its SMA10 average in its monthly chart, a crucial data watch for smart investors, signaling buy conditions, after three months. Since December lows, the raise is an incredible 19%.
- The Nasdaq COMP with its best week rally (almost 10 weeks) since 1999.  
- Also, the VIX returning to "calm" levels in 13.78, signaling more greed in investors. 

In news, investors were analyzing recent 4Q GDP, which shows economy growth at its fastest clip since 2015: 2.6% annual rate, more than 2.2% prediction, but short than recent 3.4% and 4.2%, both 3Q and 2Q GDP. After this read, the 10-year Treasury Bond TNX increases to 2.72%, in its steepest climb since early February.

The Trade War is still the main catalyst of the markets: its positive advances impulses high the markets. For example, this week, US Trade Representative Robert Lighthizer said, for the time being, that the USA was abandoning its threat to raise tariffs to 25% on $200 billion of Chinese goods. More good news that insinuates that, finally, the deal is near. Now, the market concern is know until when this phenomenon is going to occur, and if finally, Wall Street will like the agreement. Is coming a "Buy the rumor, sell the news" trade when the agreement comes out? It's very likely.

Technically, the SP500 exceeded this month, with much authority, its important SMA200 average, now heading towards the level 78.6% of the Fibonacci of its recent fall, coinciding that level with the difficult 2,815 that was strong resistance in October and November and also making it this week. Overcoming this resistance would lead the SPX to all-time-high levels.  Check this crucial level all the week.






March' Watchlists


So, these are my Stock Watchlists for March 2019. Follow them in real-time through the stock ticker above, powered by Macroaxis, clicking in each symbol for more information. First, view the Watchlist features and the Blog Disclaimer: that a certain stock is in these lists does NOT mean any BUY or SELL recommendation


Images were taken on March 6th, 12:30EST