Stocks To Watch – 3/16/2026
The information provided in this Weekly Stocks to Watch list is for educational and informational purposes only. It should not be considered financial advice, investment recommendations, or a solicitation to buy or sell any securities. Trading and investing involve significant risk, and you should only trade with money you can afford to lose. Always conduct your own research or consult with a licensed financial advisor before making investment decisions.
We hope you're all having a great weekend! Lets get right back into the action with a full docket of earnings this week with notable names like DLTR, OKLO, MU, BABA, FDX & XPEV all scheduled to report. We also have FOMC scheduled for Wednesday. Be sure to check out the Earnings and Fed calendars below.
Past performance does not guarantee future results. Options trading involves substantial risk of loss. Percentage shown reflects the maximum opportunity the contract reached since the time it was alerted and does not represent the active value of the alert at this time.
Brief Overview
Monday (3/9): Markets opened the week with significant volatility due to escalating tensions in the Middle East, particularly the conflict with Iran. Initial steep losses reversed into gains as investors speculated on a short-lived conflict, leading to a sharp drop in oil prices from nearly $120 to around $90 per barrel.
Tuesday (3/10): Investor sentiment remained cautious, resulting in slight declines across major indexes. The market grappled with uncertainty surrounding the duration of the Iran conflict and its potential impact on global oil supply, keeping trading subdued.
Wednesday (3/11): The market experienced modest gains as oil prices stabilized, providing some relief to inflation concerns. However, investors remained vigilant, awaiting further developments in the geopolitical landscape and upcoming economic data releases.
Thursday (3/12): Markets faced significant declines driven by renewed concerns over the Iran conflict, which pushed oil prices back above $100 per barrel. The surge in energy costs heightened inflation fears, leading to a sell-off across sectors.
Friday (3/13): The downward trend continued as oil prices remained elevated, sustaining inflationary pressures. Investors weighed the potential for prolonged geopolitical tensions and their impact on the global economy, contributing to further market declines.
Key Takeaway:
This week was characterized by heightened volatility driven by geopolitical tensions with Iran and fluctuating oil prices. The initial optimism for a brief conflict gave way to concerns over prolonged instability and its inflationary effects. Investors should remain cautious, closely monitoring geopolitical developments and their potential economic repercussions in the coming weeks.
SPY Market Brief
SPY opened the week at $666.39 and closed at $662.29, marking a decline of approximately 0.62%. The ETF reached a high of $683.36 on Tuesday before reversing course. Notably, Thursday's session saw a significant drop of 1.52%, bringing the price below the 200-day SMA at $658.60. Throughout the week, SPY remained under the 50-day SMA of $686.38, indicating persistent bearish momentum.
Bullish Perspective
For bulls to regain control, SPY needs to reclaim and sustain levels above the 200-day SMA at $658.60. A decisive move above the 50-day SMA of $686.38 would signal renewed bullish momentum. The next resistance to watch is the recent high of $683.36. Overcoming this level could pave the way toward the 10-week SMA at $684.94 and potentially higher targets.
Bearish Perspective
Bears are eyeing a sustained break below the 200-day SMA at $658.60 to confirm downward momentum. A close below this level could open the door to testing the 40-week SMA at $661.12. Further downside targets include the recent low of $661.36. If selling pressure intensifies, SPY may seek support near the $650 psychological level.
Source: Finviz Weekly Stocks to Watch
Home Depot
Swift sells into the weekly 200sma. Look for short term support at $337 – midterm support at 331 – and deeper support $325. HD has given strong support here in the past. Would look towards those levels as optimal entries anticipating bounces back into $350 – 363.75 – 370 – 375 – 389 – potentially the $400+ test into the later months of 2026. Look for wicks to form bullish hammer candles in coming weeks for conviction of reversal. There might need to be a few weeks of consolidation here. If support does not hold, the risk to be long is a very bearish target being a drop into lower $300s.
Source: TradingView Apollo Global Management
Pullback into 200sma on weekly chart. This has shown strong support in the past. And the pattern may repeat itself. Look for a bounce off the $100 level and target upside $110 – 112 – 118.35 – 125 for a return to mean move within the year. Potential that a bigger reversal occurs and sends APO back to the top of the range $135 – 150+. If $100 does not hold, next support and risk level is $95.
Overall this is a strong risk:reward opportunity for a longer term swing.
Source: TradingView Union Pacific
After a solid breakout in February, UNP pulled back into 13ema on weekly chart. Look for bounce off this range for a move back over $250 in the short term. If $250 finds and establishes support with time, supply will be flipped to demand. If this is the case, anticipate price action to move to the upside $258.66. A breakout over that target 2026 highs 268.14. The big move will likely come when that level breaks to the upside, then target all time highs at $278.94 & blue skies to $300+. Use support $240 – 235 range. A move under $235 may bring downside risk into the next volume profile range $230 – 225.
Source: TradingView SERVICENOW
Potential reversal underway. For conviction, must see support hold. Support zone is $110 – 105. There may be a short term move back into last weeks high range $125. With a move over $126.67 target $135 – 140 upside into the 200sma. If these targets hit a move bullish back into $150 – 160 – 163.5 price range / volume profile is possible within the coming months. This leaves NOW a strong risk:reward reversal play. If $105 does not hold, would anticipate $100 to test. Under $100 and would avoid being long NOW until it reclaims.
Source: TradingView Cloudflare, Inc.
Solid bounce for NET past couple of weeks, could signal higher prices. However, NET is currently in a potential rejection zone, and could be bearish if levels are not captured. If bearish, look for $218 to be a spot of resistance and rejection. There may be another downside move coming if Higher Highs over $218 are not made and held. If $218 clears, look out for continued upside into $230 resistance. But with rejection, target a move back into and under $200. $190 – 181 – 175 – 165 – 158 Feb lows. A move under $158 then target swift downside into $150 – 142.5. On the opposite side, NET can look very bullish with a breakout over $230 and target ATH+. The strength in a weak market past two weeks is also something to pay attention to, as it can always continue or get stronger.
Source: TradingView iShares Ethereum Trust ETF
Might be worth it to focus on Ethereum price action in the coming weeks with a potential bounce back move for BTC and other cryptocurrencies. Support is beginning to form near lows. Look for short term support $15.5 – mid term support 14.5 and deeper support / risk level 13.69. If support holds, and ethereum is moving upwards, this ETF may retrace back into $16.75 – 17.5 – 18.2. Potential for a gap fill back into 19.9-20 in the coming weeks. Large volume profile at 22.5 – 26+ range is a deeper target if ether price is moving up into $2.4-3k. Idea can be ignored if risk level is broken to the downside. This idea presents strong:risk to reward and could wind up being a strong position with time.
Source: TradingView Circle Internet
After a 3 month consolidation CRCL broke out and is now putting in a Bull flag. Look for a break over $123.40 for upside targets at $125.70 – 129.45 – 138.45 – 144.23 – 153.20. If CRCL breaks below $111.50 we could see downside targets at $108.90 – 105.55 – 99.93 – 96.80 (pivot point) – 93.86 (21EMA).
Source: TradingView DraftKings
We could be seeing the beginning of a trend reversal here on DKNG after breaking over its 20SMA with the possibility of filling the gap from February 12th Earnings. We'll be looking for a break over 26.50 for upside targets at $27.01 – 28 – 29.02 – 30 – 31. If DKNG breaks below $24 we could see downside targets at $23 – 22.50 – 21 (52wkl) – 20.50 – 19.63.
Source: TradingView Continued Watch
“Pulled back very harshly in 2026, but last week AFRM printed a bullish engulfing candle on the weekly chart. AFRM be ready to reverse back into 13ema / $55 – 57.5 – 60 in the coming days to weeks. There is also potential for the reversal to pick up steam over $60 potentially causing a move into supply levels $65 – 70 – 75+ within the next few months. Use support inside the bullish candle at $49.5 – 47 – 45 – 44. If AFRM closes under $43.73 AFRM is in danger of slipping into the $30s.”
“All time high breakout watch. Solid post earnings move sent KR to a high of $74.85 last week. All time high sits at $74.9. Keep this level on watch for a solid upside move. Over $75 may signal the breakout potential. KR then could excel to the upside in the coming weeks – months after $75 holds. Anticipate movement over $75 to work into 80 – 85 – 90+. Ideally strong support develops at $71/70. If $70 does not hold, KR can move back into deeper support in the mid $60s.”
“Moving up rapidly into prices not seen since 2019 highs of $110.84. If this supply area does not show resistance in the coming days/weeks a potential squeeze into $120 – 130 is in the cards. This supply (120 – 130) price was last seen in 2018. Over that and a move into $150 may come into play in the coming weeks-months. If tensions cool off, watch for rejections off this supply back into the $100-95. If tensions really cool off the $80 dollar level may retest.”
“After putting in a bull flag and closing over its 200SMA on Friday. We'll be on the lookout for a break over the high of the bull flag at $32.50 for further upside targets at $33.25 – 34.25 – 35.75 – 36.20 – 37.64 – 39.21. If CMCSA breaks below the flags lower consolidation level around $30.00 look to further downside targets: $29.40 – 28.00 – 27.61 – 25.45.”
“Has been in tight consolidation for almost 3 weeks and has been sitting above its 200 SMA. If we get a break over $25.01 look for upside levels targets at $25.90 – 26.44 – 27.20 – 28.10 – 29.40 (fill-the-gap from 6/10/25), $30.50. If GME falls back below its 200SMA around $23.40, look for further downside support targets at $22.80 (low made 2/23) – 21.36 – 20.70 – 19.99 (low of 12/31 & double bottom) – 18.95”
Earnings Calendar
Source: Earnings Whispers Economic Calendar
| Date | Event | Previous |
|---|---|---|
| Mon, Mar 16 12:30PM | Empire State manufacturing survey | 7.1 |
| Mon, Mar 16 1:15PM | Capacity utilization | 76.2% |
| Mon, Mar 16 1:15PM | Industrial production | 0.7% |
| Tue, Mar 17 2:00PM | Home builder confidence index | 36 |
| Tue, Mar 17 2:00PM | Pending home sales | -0.8% |
| Wed, Mar 18 12:30PM | Core PPI year over year | 3.4% |
| Wed, Mar 18 12:30PM | PPI year over year | 2.9% |
| Wed, Mar 18 12:30PM | Core PPI | 0.3% |
| Wed, Mar 18 12:30PM | Producer price index | 0.5% |
| Wed, Mar 18 2:00PM | Factory orders | -0.7% |
| Wed, Mar 18 6:00PM | FOMC interest-rate decision FOMC | |
| Wed, Mar 18 6:30PM | Fed Chair Powell press conference | |
| Thu, Mar 19 12:30PM | Philadelphia Fed manufacturing survey | 16.3 |
| Thu, Mar 19 12:30PM | Initial jobless claims | |
| Thu, Mar 19 2:00PM | New home sales | 745000 |
| Thu, Mar 19 2:00PM | Wholesale inventories | 0.2% |
