Economic Calendar & Watch List 7/30/2015

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Thursday July 30, 2015

 

Economic Calendar & Watch List 7/30/2015

 

Morning Notes

US futures are flat this morning while European stocks are trading higher on news that the Eurozone economic confidence rose to a new 4 year high.  Asian stocks closed lower as the Shanghai composite gave back -2.2% overnight.

 

Technicals

SPY_7_30

The $SPY moved higher again in yesterday’s session and closed near the highs at $210.77 after the comments from the Fed minutes. The 50 day moving average will act as mid range support at $210.11, and then $209.50 below. Overhead resistance lies at $211.04 followed by $211.77.

 

In Play

SGYP: Synergy Pharmaceuticals – Synergy Pharma announces positive top-line results from its pivotal phase 3 clinical trial, evaluating the efficacy and safety of two different plecanatide treatment doses. Gapping up 15% with a 92M share float.

MEET: MeetMe – The company reported Q2 earnings. Mobile Revenue Increased 47% Year Over Year Adjusted EBITDA Increased 288% Year Over Year Adjusted EBITDA Margin of 26%. Gapping up 18% with a 32M share float.

 

**Others On Watch**

SKX

QRVO

SCTY

FB

 

Economic Calendar

8:30 Q2 GDP – 1st Estimate – Consensus 2.60%

8:30 Jobless Claims 4-Wk Avg

8:30 Initial Jobless Claims – Consensus 270.0K

8:30 Continuing Jobless Claims – Consensus 2.212M

10:30 Natural Gas Storage

 

Earnings Before Open

HOT: Starwood Hotels – EPS Est. $0.75, Rev Est. $1.48B

ODFL: Old Dominion – EPS Est. $0.98, Rev Est. $769.87M

CL: Colgate-Palmolive – EPS Est. $0.70, Rev Est. $4.07B

CME: CME Group – EPS Est. $0.91, Rev Est. $799.39M

OXY: Occidental – EPS Est. $0.25, Rev Est. $3.77B

BUD: Anheuser-Busch InBev- EPS Est. $1.33, Rev Est. $11.59B

COP: ConocoPhillips – EPS Est. $0.08, Rev Est. $9.59B

WWE: World Wrestling – EPS Est. $(0.02),  Rev Est. $148.70M

TWC: Time Warner Cable – EPS Est. $1.81, Rev Est. $5.94B

 

Earnings After Close

AGMN: Amgen – EPS Est. $2.41, Rev Est. $5.31B

WU: Western Union – EPS Est. $0.39, Rev Est. $1.36B

DECK: Deckers Outdoors – EPS Est. $(1.49), Rev Est. $213.64M

EA: Electronic Arts – EPS Est. $0.03, Rev Est. $649.65M

FEYE: FireEye – EPS Est. $(0.48), Rev Est. $143.12M

LNKD: LinedIn – EPS Est. $0.30, Rev Est. $679.78M

 

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