Economic Calendar & Watch List 9/28/2015

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Monday September 28, 2015

 

Economic Calendar & Watch List 9/28/2015

 

Morning Notes

US futures are lower this morning while European markets are trading lower by over -1.5% being led by the weakness in China’s Industrial Profits report which fell to a 4 year low. Asian stocks closed mixed.

 

Technicals

SPY_9_28

The SPY ended lower in Friday’s session and put in new support and resistance levels. Support will lie at $191.81, followed by $190.56. Resistance is at $195, followed by $195.21 and $197.58.

 

In Play

BLDP: Ballard Power Systems – The company reports that it has executed a $6M Deal in China For First Global Deployment of Fuel Cell-Powered Trams. Gapping up 15% with a 141M share float.

OGXI: OncoGenex – OncoGenex Pharma presents additional Phase 3 SYNERGY analyses showing custirsen significantly reduced serum clusterin levels in metastatic prostate cancer patients. Gapping up 17% with a 29.5M share float.

 

**Others On Watch**

NFLX

Economic Calendar

8:30 Aug personal spending expected +0.3%, Jul +0.2%

8:30 Aug PCE deflator expected unch m/m and +0.3% y/y, Jul +0.1% m/m and +0.3% y/y

8:30 New York Fed President William Dudley speaks on monetary policy in an interview with the Wall Street Journal

10:00 Aug pending home sales expected +0.4% m/m and +8.0% y/y

10:30 Sep Dallas Fed manufacturing activity expected +7.8 to -10.0

11:00 USDA weekly grain export inspections

1:30 Chicago Fed President Charles Evans speaks

5:00 San Francisco Fed President John Williams speaks

 

Earnings Before Open

NONE

 

Earnings After Close

NONE

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