Economic Calendar & Watch List 9/23/2015

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Wednesday September 23, 2015

 

Economic Calendar & Watch List 9/23/2015

 

Morning Notes

US futures are just slightly higher this morning and European stocks are also trading higher after hitting monthly lows yesterday. Eurozone manufacturing PMI came in higher than expected which points to increased production in upcoming months. Asian markets closed lower after their manufacturing numbers came in the lowest in over 6 years.

 

Technicals

SPY_9_23

The SPY gapped lower on the open yesterday and traded significantly lower intraday to then close back just off the open price at $193.91. New support will lie at the low of yesterday’s range at $192.56, followed by $190.61. Resistance will lie at the high of yesterday’s range at $194.46, followed by $194.53, $194.96, and $195.21.

 

In Play

SGNL: Signal Genetics – The company announced a “Master Service Pact” with a major Biopharmaceutical Company. Gapping up 50% with a 4M share float.

 

**Others On Watch**

GPRO

BIDU

FIT

 

Economic Calendar

9:45 Prelim-Sep Markit manufacturing PMI expected -0.2 to 52.8

10:30 EIA Weekly Petroleum Status Report

11:30 Treasury auctions $13 billion of 2-year floating rate notes

12:30 Atlanta Fed President Dennis Lockhart speaks on the economy to the Buckhead Rotary Club in Atlanta

1:00 Treasury auctions $35 billion of 5-year T-notes

 

Earnings Before Open

NONE

 

Earnings After Close

NONE

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