Economic Calendar & Watch List 8/31/2015

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Monday August 31, 2015

 

Economic Calendar & Watch List 8/31/2015

 

Morning Notes

US futures are lower this morning by -0.8% and European markets are trading lower by over -0.5% on concerns that China’s attempt to stabilize its equity markets will fail and was reflected in the sharp drop in Chinese stocks overnight.

 

Technicals

SPY_8_31

The SPY traded slightly higher on Friday closing at $199.28. New upper range support has been established at $197.92, followed by $195.21. Overhead resistance lies at the high of Friday’s range at $199.84.

 

In Play

BLFS: BioLife Solutions – BioLife Solutions Customer TiGenix Phase 3 Clinical Trial Meets Primary Endpoint. Gapping up 65% with a 5.9M share float.

VTL: Vital Therapies – The company announced Additional Data From VTI-208 Presented at Rostock Conference. Gapping up 18% with a 16.8M share float.

 

**Others On Watch**

NFLX

MDCO

 

Economic Calendar

9:00 Aug Milwaukee ISM expected +2.88 to 50.00

9:45 Aug Chicago PMI expected -0.2 at 54.5

10:30 Aug Dallas Fed manufacturing activity expected +0.8 to -3.8

11:00 USDA weekly grain export inspections

4:00 USDA weekly crop progress

 

Earnings Before Open

SBLK: Star Bulk Carriers – EPS Est. ($0.16), Rev Est. $46.13M

 

Earnings After Close

DANG: Dang Dang – EPS Est. ($0.36), Rev Est. $2.39B

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