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Economic Calendar 7/13/2015

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!

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