Tuesday September 15, 2015
Economic Calendar & Watch List 9/15/2015
US futures are currently flat while European stocks are trading higher by nearly 1% after positive Eurozone automobile sales data. Asian stocks closed mildly lower.
The SPY traded in a choppy, range bound channel in yesterday’s session and ended lower on the day. New support will lie at the low of yesterday’s range at $195.43, followed by $195.53. Resistance will lie at the high of yesterday’s range at $197.01, followed closely by $197.22 which then opens up to $199.47.
OHGI: One Horizon Group – The company announced that its licensee partner, Roam Frii, launched its wifi calling platform. Roam Frii delivers an industry leading optimized-for-mobile VoIP calling solution with competitive per minute call-rates, and an In-App telephone number rental feature that provides the option of a US and/or Chinese number for friends and family to call users at low domestic rates. Gapping up 17% with a 16.6M share float.
XPNT: XenoPort – The company announced Phase 2 Study Results for XP23829. Gapping up 7% with a 45.5M share float.
WTW: Weight Watchers – Upgraded to BUY and a $10 Price Target at Analyst Firm Craig Hallum. Gapping up 5% with a 27.5M share float.
**Others On Watch**
8:30 Aug retail sales expected +0.3% and +0.2% ex autos
8:30 Sep Empire manufacturing survey general business conditions expected +14.52 to -0.40
9:15 Aug industrial production expected -0.2% m/m, Jul +0.6% m/m
10:00 Jul business inventories expected +0.1%, Jun +0.8%
Earnings Before Open
Earnings After Close
UNFI: United Natural Foods – Eps Est. $.72, Rev Est. $2.1B