Economic Calendar & Watch List 9/21/2015

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Monday September 21, 2015

 

Economic Calendar & Watch List 9/21/2015

 

Morning Notes

US futures are pointing slightly higher while European stocks are trading higher by .04%, all fueled by a late rally in Chinese equities.

 

Technicals

SPY_9_21

The SPY traded in a wide range in Friday’s session from a high of $198.68 to a low of $194.96 while finally closing the volatile week at $195.45. Support will lie at the low of Friday’s range at $194.96, followed by $194.53. Resistance will be at the high of Friday’s range at $198.68, followed by $198.68.

 

In Play

ATOS: Atossa Genetics – The company announced that the FDA has accepted the investgational new drug application to begin Phase 2 clinical trials of Fulverstrant. Gapping up 31% with a 24M share float.

ADHD: Alcobra Ltd – The company announced it has been granted the fast track desigation to the company’s drug, MDX for Fragile X Syndrome. Gapping up 13% with a 5M share float.

QURE: uniQure – The company announced  topline results of one-year follow-up data from a Phase I/II clinical trial in four Sanfilippo B syndrome patients treated with a novel gene therapy, AMT-110; positive signs of efficacy demonstrated in all four patients. Gapping up 13% with a 17M share float.

 

**Others On Watch**

BABA
GPRO

CYBR

Economic Calendar

10:00 Aug existing home sales expected -1.6% to 5.50 million

11:00 USDA weekly grain export inspections

1:00 Atlanta Fed President Dennis Lockhart speaks on the economy to the Buckhead Rotary Club in Atlanta

4:00 USDA weekly crop progress

 

Earnings Before Open

LEN: Lennar Corporation – Eps Est. $.79, Rev Est. $2.45B

 

Earnings After Close

RHT: Red Hat – Eps Est. $.44, Rev Est. $494.65M

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