Week Ahead & Monday Premarket Action - 3/16/26
Good Morning Team,
Futures are up a little as we try to bounce off the longer term 200 DMA line = support.
If that line is broken, then we can easily have another leg down.
Conversely, if that line is defended, we can easily bounce. On the upside the 50 DMA line is the next line of resistance to watch.
Here's the pre-market action courtesy of MarketTerminal.com
Pre-Market Breakouts (Ex Hours Breakouts)
VTR, NSA, SWX, MDU, POR, CTMX, PDS
Pre-Market Breakdowns (Ex Hours Breakdowns)
SGRY, CHAC, BCSF, CYCU, SPOK
194 Pre-Market Movers UP (Ex Hours UP)
MU, INTC, META, NBIS, CRWV, TSEM, IREN, CM, CPNG, CRCL, NVT, MSTR, RKT, LITE, SCCO, NVMI, AXIA, SNDK, AJG, COHR, COIN, DY, AMKR, WDC, HLN, SN, FTAI, STX, BIP, BE, NMR, FOX, BSBR, KT, BILI, ITUB, ASX, NSA, GPCR, BMNR, VIRT, COGT, RGTIW, SBSW, MARA, RIOT, CIFR, NVTS, SNEX, CLSK, WULF, HUT, GLXY, FPS, ABVX, APLD, SITM, AXTI, DAN, UPST, REAL, SIG, LGND, CORZ, CURB, VNET, CORZW, ADEA, LBTYA, FG, PII, EE, BLSH, PRAX, KN, ENLT, EBC, KNF, CSTM, STVN, AAOI, SSL, CLMT, TTMI, UEC, TTEK, SGHC, DSGR, RJET, ZURA, LBRX, SOC, SLN, ETH, CAL, MG, PTLO, SBET, CPS, POET, BTDR, CERT, OLMA, BIOA, GLSI, BTGO, RDW, WYFI, HIMX, KALV, ZVRA, NAT, GTM, AEHR, BW, QDEL, ICHR, RPC, AHRT, SDGR, ETD, GASS, NOA, TE, TBN, GNK, GEMI, ORKA, WBI, PLAB, AVNW, DSP, CLDT, ARKO, EYPT, ASPI, IRD, IVR, CEVA, CAPR, PCT, LEGH, GYRE, IE, GOOD, OMDA, ATRC, CGNT, LAR, AMSC, TH, MLAB, MBX, KRO, BRBR, WOLF, EH, CING, WW, TENX, TAOX, GCO, MEI, ASST, OPTX, WATT, VWAV, ALOY, NRXS, OCC, BKKT, RFIL, NUAI, BDSX, GSIT, DMRC, PROF, RAAQ, XNET, ARQQ, TBRG, MRBK, SENS, ESOA, STEM, USGO, AVR, MPLT, KRRO, ELTX, GRRR, OSS, TNXP, LFCR
31 Pre-Market Movers DOWN (Ex Hours Down)
CF, PSA, NTR, FNF, RARE, ASO, LLYVK, BL, CRNX, IPX, SGRY, ROMA, IPI, CHAC, RYAM, CABO, SCL, RDWR, LEO, VITL, BATL, OCSL, HRMY, NCI, OPPJ, GECC, ELPW, EDSA, ASYS, QTTB, STRZ
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Week Ahead
Monday
Economic News: Markets react to U.S. strikes on Kharg Island over the weekend
Earnings News: Dollar Tree ($DLTR)
Tuesday
Economic News: February Pending Home Sales
Earnings News: Oklo ($OKLO), Lululemon ($LULU), DocuSign ($DOCU)
Wednesday
Economic News: February PPI Inflation, Fed Interest Rate Decision and Statement
Earnings News: Tencent ($TCEHY), Macy’s ($M), General Mills ($GIS), Williams-Sonoma ($WSM), Micron ($MU), Five Below ($FIVE)
Thursday
Economic News: Philly Fed Manufacturing Index, January New Home Sales
Earnings News: Alibaba ($BABA), Accenture ($ACN), Darden Restaurants ($DRI), FedEx ($FDX), Planet Labs ($PL)
Friday
Economic News: None
Earnings News: Xpeng ($XPEV)
I'm traveling the next few days and will be back before noon (not my normal 10am ET) with the breakouts report...
Enjoy your day!
Adam