Economic Calendar & Watch List 9/9/2015


Wednesday September 9, 2015


Economic Calendar & Watch List 9/9/2015


Morning Notes

US futures are are higher again this morning be nearly 1% and European stocks are up over 2% after a continued rally in Asian markets.





The SPY gapped higher in yesterday’s session and managed to hold the gains throughout the day. The SPY is yet again gapping higher near $199, closing in on a wide gap over $200. Support will lie at $198.05 and $197.61. Resistance lies at $199.13, $199.84, and $203.90.


In Play

AKBA: Akebia – The company announced that their phase 2 anemia study met its main goal. Gapping up 86% with a 13.58M share float.

ACRX: AcelRx – The company announced that ARX-04 has met all endpoints in pivotal phase 3 study for moderate to severe acute pain. Gapping up 20% with a 24.7M share float.

VGGL: Viggle – Viggle and Sportech Team Up to Enter the Daily Fantasy Sports Market. Gapping up 18% with a 7.7M share float.


**Others On Watch**





Economic Calendar

10:00 Jul JOLTS job openings expected +51,000 to 5.300 million

1:00 Treasury auctions $21 billion of 10-year T-notes


Earnings Before Open

CONN: Eps Est. $.47, Rev Est. $396.38M

FRAN: Eps Est. $.22, Rev Est. $105.6M

BKS:  Eps Est. $.12, Rev Est. $999.25M

HOV: Eps Est. $.00, Rev Est.  $611.95M


Earnings After Close

PANW: Eps Est. $.25, Rev Est. $256.26M

BOX: Eps Est. ($.29) Rev Est. $69.81M

KKD: Eps Est. $.19,  Rev Est. $131.97M