Economic Calendar 5/22/2015


Friday May 22, 2015


Economic Calendar 5/22/2015


Morning Notes

US Futures are slightly lower this morning along with European Markets trading near the lows as the market awaits Fed Chair Janet Yellen’s speech. Asian Markets closed moderately higher.


The $SPY held the upper range support in yesterday’s session and now has created a new pivot point. The pivot point zone will be $212.25 – $212.5. Resistance is at the high of the flag created in the  last 2 sessions at $213.8.


In Play

ONTY: Oncothyreon – The Company will be presenting data on ONT-380, their breast cancer blocking drug, at the 2015 ASCO conference on May 31. Gapping up 28% with a 80.8M share float.


Economic Calendar

8:30 CPI (YoY) [Apr] – Consensus (0.10)%

8:30 Core CPI (YoY) [Apr] – Consensus 1.70%

8:30 CPI (MoM) [Apr] – Consensus 0.10%

8:30 Core CPI (MoM) [Apr] – Consensus 0.20%

8:30 CPI Index (nsa) – Consensus 236.71

8:30 Core CPI Index

13:00 BHI Rig Counts

13:00 Fed’s Janet Yellen Speaks


Earnings Before Open

DE: Deere & Co – EPS Est. $1.55, Rev Est. $7.53B

FL: Foot Locker – EPS Est. $1.23, Rev Est. $1.91B

CPB: Campbell Soup – EPS Est. $0.52, Rev Est. $1.93B

ANN: Ann Stores – EPS Est. $0.33, Rev Est. $604.86M

HIBB: Hibbett Sports – EPS Est. $1.13, Rev Est. $274.24M


Earnings After Close

Happy Trading!