Economic Calendar & Watch List 10/9/2015

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Friday October 9, 2015

 

Economic Calendar & Watch List 10/9/2015

 

Morning Notes

US futures are flat to slightly positive and European stocks are trading higher by over +1% after the FOMC minutes annoucement where they remained hesitant to raise rates until a better gauge on China’s economic activity can be attained. Asian stocks settled mostly higher.

 

Technicals

SPY_10_9

The SPY continued its push higher in yesterday’s sessions putting in the biggest move up since December of 2014. Support will lie at the low of yesterday’s range at $198.59, followed by $197.48. Resistance will lie at the high of yesterday’s range at $201.55, followed by $202.89.

 

Small Cap Watch List

PBMD: Prima Biomed – The company announced it has received 306k Euro in grant funding from the European Union and the German Free State of Saxony. Also a former runner. Gapping up 8% with a 62M share float.

**Others On Watch**

GPS
TSLA

WYNN

Economic Calendar

8:30 Sep import price index expected -0.5% m/m and -11.2% y/y

9:10 Atlanta Fed President Dennis Lockhart speaks

10:00 Aug wholesale inventories expected unch m/m, Jul -0.1% m/m

1:30 Chicago Fed President Charles Evans

 

Earnings Before Open

NONE

 

Earnings After Close

NONE

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