Tuesday June 23, 2015
Economic Calendar 6/23/2015
US Futures are higher this morning along with European stocks trading at a 3 week high on continued optimism of an imminent deal with Greece and its creditors. Asian stocks also were also pushed higher on the news and closed in the positive.
The $SPY ended higher in yesterday’s session closing at $211.89. New upper range support is $211.55 and the first resistance is at the high of yesterday, or $212.59.
PHMD: PhotoMedix Inc. – The company announced it has sold its XTRAC business to Mela Sciences (MELA) for $42.5 million and pays off all outstanding debt. Gapping up 25% with a 11M share float.
EYES: Second Sight Announces Positive Long-Term Results of the Argus II Retinal Prosthesis System. Gapping up 9% with a 13M share float.
LIVE: LiveDeal – The company announced its first target in its new acquisition plan. The target company had 60 million in revenue and 5 million in profit as shown in the 2014 financial statements. Gapping up 8% with a 7.4M share float.
Tuesday’s Full Watchlist
8:00 FOMC Member Powell Speaks
8:30 Durable Goods Orders (MoM) [May] – Consensus (0.50)%
8:30 Durables Ex. Def. (MoM) [May]
8:30 Non-Def Orders Ex. Air (MoM) [May] – Consensus 0.50%
8:30 Core Durables Orders (MoM) [May] – Consensus 0.60%
8:30 Redbook (YoY)
8:30 Redbook (MoM)
9:00 House Price Index [Apr]
9:00 House Price Index (YoY) [Apr]
9:00 House Price Index (MoM) [Apr] – Consensus 0.60%
9:45 Manufacturing PMI [Jun] – Consensus 54.20
10:00 New Home Sales (MoM) [May] – Consensus 1.50%
10:00 New Home Sales [May] – Consensus 525.0K
10:00 Richmond Manf. Index [Jun] – Consensus 3.00
10:00 Richmond Manf. Shipping [Jun]
10:00 Richmond Services Index [Jun]
Earnings Before Open
BBRY: Blackberry – EPS Est. $(0.03), Rev Est. $692.30M
DRI: Darden – EPS Est. $0.93, Rev Est. $1.87B
CCL: Carnival – EPS Est. $0.16, Rev Est. $3.56B
Earnings After Close