Monday September 14, 2015
Economic Calendar & Watch List 9/14/2015
Morning Notes
US futures are currently flat as European stocks are struggling to stay in the positive. Eurozone Industrial production for July rose more than anticipated and reflects the fastest growth in 5 months. Asian markets closed mixed.
Technicals
The SPY traded higher in Friday’s session closing just under the highs at $196.74. Resistance will lie at the high of Friday’s range at $196.82, followed by $197.22. Support lies at the low of Friday’s range at $195.53, followed by $194.25 and $193.86.
In Play
AQXP: Aquinox Pharmaceuticals – Baker Brothers reported an increased stake in the company to 39.6% from 23.6%. Gapping up 25% with a 5.46M share float.
COLL: Collegium Pharmaceuticals – The company announced it has won the FDA Panel’s unanimous backing for Xtampza ER. Gapping up 40% with a 9M share float.
**Others On Watch**
MBLY
Economic Calendar
11:00 USDA weekly grain export inspections
4:00 USDA weekly crop progress
Earnings Before Open
EXXI: Energy XXI – Eps Est. ($1.29), Rev Est. $260.56M
Earnings After Close
UNIS: Unilife Corp – Eps Est. ($.12) Rev Est. $5.77M
