Economic Calendar & Watch List 10/6/2015

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Tuesday October 6, 2015

 

Economic Calendar & Watch List 10/6/2015

 

Morning Notes

US futures are looking slightly lower this morning after a sharp two day move and two week highs. European stocks are trading higher and also at a two week high after some unconfirmed chatter that the ECB may increase its stimulus efforts. Asian stocks closed mostly higher.

 

Technicals

SPY_10_6

The SPY surged higher again in yesterday’s session closing just off the highs at $198.47. Support will lie at the low of yesterday’s range at $196.33, followed by $195.03 and then $189.12. Resistance will lie at the high of yesterday’s range at $198.74, followed by $199.28 and then $202.89.

 

In Play

Please refer to the momentum scanners displayed in the chat room for potential plays at the market open

 

**Others On Watch**

ILMN

NVCR

 

Economic Calendar

8:30 Aug trade balance expected -$48.0 billion

9:15 Kansas City Fed President Esther George speaks in Chicago

1:00 Treasury auctions $24 billion of 3-year T-notes

5:30 San Francisco Fed President John Williams delivers an outlook speech

 

Earnings Before Open

PEP: PepsiCo – EPS Est. $1.26, Rev Est. $16.15B

 

Earnings After Close

YUM: YUM! Brands – EPS Est. $1.06, Rev Est. $3.68B

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