Economic Calendar 5/5/2015

1755

Tuesday May 5, 2015

 

Economic Calendar 5/5/2015

 

Morning Notes

US Futures are pointing lower this morning as European stocks are down on renewed default concerns with Greece. Additionally, Asian Markets also closed lower as the Chinese regulators talked further on margin requirements.

Technicals

The $SPY tested support of $211 yesterday and closed above at $211.32. Mid range support remains at $211 and resistance is $212, then $212.25 in the form of descending resistance.

SPY_5_5

In Play

PTBI: PlasmaTech Biopharmaceuticals, Inc.- Activist Investor George Soros reports a 5% passive stake. Gapping up 55% with a 2.7 Million share float.

BLRX: BioLineRx – The company reported successful data in Phase II testing for Leukemia. Gapping up 7.5% with a 42.5 Million share float.

 

Economic Calendar

8:55 Redbook

8:55 Redbook

9:45 Services PMI – Consensus 57.80

9:45 Markit Composite PMI

10:00 ISM Non-mfg. PMI – Consensus 56.50

10:00 ISM Non-mfg. Prices

10:00 ISM Non-mfg. New Orders

10:00 ISM Non-mfg. Business Activity – Consensus 57.90

10:00 ISM Non-mfg. Employment

10:00 IBD/TIPP Economic Optimism – Consensus 51.80

16:30 API Weekly Gasoline Stock

16:30 API Weekly Crude Stock

16:30 API Weekly Distillates Stock

20:00 FED Kocherlakota Speaks

 

Earnings Before Open

K: Kellogg – EPS Est. $0.92. Rev Est. $3.55B

ZTS: Zoetis – EPS Est. $0.36. Rev Est. $1.11B

MYL: Mylan – EPS Est. $0.71. Rev Est. $2.03B

DIS: Disney – EPS Est. $1.10. Rev Est. $12.25B

DTV: DirecTV – EPS Est. $1.53. Rev Est. $8.47B

H: Hyatt Hotels – EPS Est. $0.19. Rev Est. $1.03B

ENR: Energizer – EPS Est. $1.73. Rev Est. $1.02B

ODP: Office Depot – EPS Est. $0.13. Rev Est. $4.11B

SABR: Sabre – EPS Est. $0.25. Rev Est. $695.63M

TRW: TRW Automotive – EPS Est. $1.87. Rev Est. $4.18B

WNR: Western Refining – EPS Est. $1.13. Rev Est. $2.48B

ICE: Intercontinental Exchange – EPS Est. $2.97. Rev Est. $840.27M

 

Earnings After Close

AIZ: Assurant – EPS Est. $0.93. Rev Est. $2.56B

HLF: Herbalife – EPS Est. $1.01. Rev Est. $1.09B

NWSA: News Corp – EPS Est. $0.07. Rev Est. $2.12B

ZU: Zulily – EPS Est. $(0.03). Rev Est. $313.13M

PBPB: Potbelly – EPS Est. $0.02. Rev Est. $85.13M

SCTY: Solarcity – EPS Est. $(1.58). Rev Est. $57.73M

GPOR: Gulfport – EPS Est. $(0.10). Rev Est. $142.84M

PZZA: Papa Johns – EPS Est. $0.53. Rev Est. $415.88M

WTW: Weight Watchers – EPS Est. $(0.19). Rev Est. $324.36M
Happy Trading!

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