Economic Calendar 7/20/2015

2101

Monday July 20, 2015

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Economic Calendar 7/20/2015

 

Morning Notes

US futures are higher this morning along with European stocks are trading higher after the Greek government paying its creditors 6.8 billion Euros. Greek banks reopen today however the Greek financial markets will remain closed. Asian stocks closed mixed.

 

Technicals

The $SPY closed higher on Friday at $212.55, right between two tightly situated pivot points. Resistance overhead is at $212.60 followed by descending resistance at $212.85. Upper range support is at $211.80 – $212.

SPY_7_20

In Play

VLTC: Voltari Corp – Momentum mover from last week. Continuation play. Gapping up 4% with a 2.2M share float.

GENE: Genetic Technologies – Rallied over 20% in last week’s trading. Continuation play. Gapping up 7% with a 3.5M share float.

Economic Calendar

NONE

 

Earnings Before Open

MS: Morgan Stanley – EPS Est. $0.74, Rev Est. $9.10B

HAL: Halliburton – EPS Est. $0.31, Rev Est. $5.89B

HAS: Hasbro – EPS Est. $0.2, Rev Est. $771.83M

EXAS: Exact Sciences – EPS Est. $(0.44), Rev Est. $7.33M

 

Earnings After Close

IBM: IBM – EPS Est. $3.79, Rev Est. $20.92

STLD: Steel Dynamics – EPS Est. $0.23, Rev Est. $1.97B

JAZZ: Jazz Pharma. – EPS Est. $2.41, Rev Est. $335.36M

 

Happy Trading!

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