Economic Calendar & Watch List 10/15/2015

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Friday October 16, 2015

 

Economic Calendar & Watch List 10/16/2015

 

Morning Notes

US futures are slightly lower this morning and European stocks are trading higher ny nearly +1% after speculation continues on the ECB increasing its QE. Asian stocks closed mostly higher.

 

Technicals

The SPY surged higher in yesterday’s session closing on the highs at $202.35. Support will lie at the low of yesterday’s range at $199.64, followed by $198.94 and $198.59. Resistance will lie at the high of yesterday’s range at $202.36, followed by $202.89 and $203.90.

 

Small Cap Watch List

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

 

**Others On Watch**

ZFGN

WYNN

PTCT

 

Economic Calendar

9:15 Sep industrial production expected -0.3%, Aug -0.4%

10:00 Aug JOLTS job openings expected -173,000 to 5.580 million

10:00 Preliminary U.S. Oct University of Michigan consumer sentiment expected +1.8 to 89.0

 

Earnings Before Open

HON: Honeywell – EPS Est. $1.54, Rev Est. $9.85B

CMA: Comerica – EPS Est. $.697, Rev Est. $692M

KSU: Kansas City Southern – EPS Est. $1.22, Rev Est. $645.63M

PGR: Progressive – EPS Est. $.48, Rev Est. $5.27B

STI: Suntrust – EPS Est. $.836, Rev Est. $2.03B

GE: General Electric – EPS Est. $.262, Rev Est. $28.57B

GWW: Grainger – EPS Est. $3.056, Rev Est. $2.55B

 

Earnings After Close

NONE

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