Monday July 13, 2015
Economic Calendar 7/13/2015
Morning Notes
US futures are sharply higher along with European stocks after Greek Prime Minister Tsipras gave into the demands to qualify for 86 billion in bailout funds to avoid default in remain in the Eurozone. Asian stocks closed higher.
Technicals
The $SPY tested resistance of $208 on Friday and closed back beneath at $207.48. Currently in the pre market, the $SPY is trading higher at $208.80; the first level of resistance. If the $SPY can hold $208, look for a move into the next resistance point of $209.8. Support will remain at $208.
In Play
OHRP: Ohr Pharmaceuticals – announced positive final results from a Phase II investigator sponsored clinical trial of OHR-102. Gapping up 15% with a 22M share float.
Economic Calendar
NONE
Earnings Before Open
NONE
Earnings After Close
OZRK: Bank of Ozarks – EPS Est. $0.51, Rev Est. $120.96M
Happy Trading!