Watch List March 16th

Good Morning,

Yesterday we saw a bit of a intraday chop in the market that finished with a strong close for the major indices. It is also worth noting that we saw some large cap tech names like AAPL finally show a little strength in yesterday's session while the VIX settled all the way down to the $20 area. This morning we are pointing towards a relatively flat open, but that could certainly change with a number of economic numbers coming out between now and the open. We also have the FOMC meeting starting today and keep in mind that we will have a rate decision and a presser tomorrow afternoon, which always creates at least some intraday volatility for the market. Here are a few names that we will be watching today:


AAPL looks like it is going to gap up a bit this morning, and I like it if it comes down and fills its gap and finds buyers for a push up to test vwap anchored to the all time high which around the $129 area


ABBV made a nice move yesterday in a TTM Squeeze on the daily. I like this on a soft pen that goes red to green for a push up to test recent highs around $113 and possibly break much higher


AVYA is setting up a 3/8/20 cross with a TTM Squeeze on the daily. I like this on a pullback to vwap anchored to the recent highs around 30.50 for a push up to test those recent highs and possibly break much higher


DT reclaimed vwap anchored to the February highs and held it on a back test with a nice TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to test those recent highs


FB is trying to reclaim vwap anchored to its all time highs with a nice TTM Squeeze on the daily. I like this on a pullback and hold of that vwap level around the 271 area for a push up to $287 or higher


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