Economic Calendar & Watch List 8/24/2015

1630

Monday August 24, 2015

 

Economic Calendar & Watch List 8/24/2015

 

Morning Notes

US futures are down sharply by nearly -3% and European stocks are trading lower by nearly -3% as well on continued concerns of the global economic environment as these global markets are extending their move down from the last week. Asian stocks closed sharply lower.

 

Technicals

SPY_8_24

The SPY is gapping significantly lower this morning to the $191 zone. Below $190.50, the next support is at $188.07 then followed by $182.90. Resistance overhead lies at $191.50, $192.61, and $194.28.

 

In Play

*Please refer to our momentum strategy scanners displayed in the chat room for potential plays at the market open.

 

**Others On Watch**

TSLA

NFLX

TVIX

VXX

 

Economic Calendar

3:55 Fed’s Lockhart Speaks

 

Earnings Before Open

NONE

 

Earnings After Close

QUNR: Qunar Cayman Islands Ltd – EPS Est. ($6.19)

QIHU: Qihoo 360 – EPS Est. $0.71

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