Economic Calendar & Watch List 8/10/2015

1830

Monday August 10, 2015

 

Economic Calendar & Watch List 8/10/2015

 

Morning Notes

US futures are slightly higher along with European markets also trading higher by over 0.50%. Gains have since been paired after China reported data for July imports and exports that had fell short of expectations. Asian stocks closed mostly higher.

 

Technicals

SPY_8_10

The SPY tested the 200 day moving average on Friday and managed to close above, yet still in the red at $207.95. The first support level will be the 200 day moving average at $207.30 followed by the low of Friday’s range at $206.87. Overhead resistance lies at the high of Friday’s range at $208.34 followed by the 50 day moving average at $209.69.

 

In Play

AQXP: Aquinox Pharmaceuticals – Baker Brothers Advisors reported a 39.8% stake through open market transactions. Gapping up 70% with a 5.7M share float.

VLTC: Voltari Corp – The company filed a 10-Q which disclosed its intentions to exit the Mobile Ad Business and Focus on Real Estate with Carl Icahn behind it. Gapping up 31% with a 2.2M share float.

 

**Others On Watch**

BABA

NFLX

 

Economic Calendar

9:00 FOMC Lockhart Speaks

 

Earnings Before Open

DF: Dean Foods – EPS Est. $0.26, Rev Est. $2.07B

 

Earnings After Close

RAX: Rackspace – EPS Est. $0.20, Rev Est. $490.54M

TTWO: Take-Two – EPS Est. $0.36, Rev Est. $350.80M

NO COMMENTS

LEAVE A REPLY