Economic Calendar 6/22/2015


Monday June 22, 2015


Economic Calendar 6/22/2015


Morning Notes

US Futures are higher this morning as are European stocks after some speculation on European officials making headway over a Greek bailout. Asian stocks were also lifted higher on the Greece news.



The $SPY closed lower at $210.81 back below support of $211.30 and also back below former descending resistance which could equate to a false break type setup. Support will be at the low of Friday’s range, or $210.36 and resistance will be back above $211.30.


In Play

AMPE: Ampio Pharmaceuticals, Inc. – The company announced that further data analysis from the 12-week multi-center, placebo-controlled, double-masked randomized trial identified a reversal of pathological changes and a synergistic effect with other medication. As previously reported, oral treatment with Optina (low-dose danazol) has been shown to be safe and confer significant improvements in visual acuity (VA) and reductions in central retinal thickness (CRT) in patients with diabetic macular edema (DME) when given the optimal dose. Gapping up 8% with a 37M share float.


Economic Calendar

08:30 Chicago Fed National Activity Index [May] – Consensus (0.14)

10:00 Existing Home Sales [May] – Consensus 5.25M

10:00 Existing Home Sales (MoM) [May]


Earnings Before Open



Earnings After Close

SONC: Sonic – EPS Est. $0.36, Rev Est. $163.40M


Happy Trading!