Wednesday September 9, 2015
Economic Calendar & Watch List 9/9/2015
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.
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**
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