Economic Calendar & Watch List 10/23/2015

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Friday October 23, 2015

 

Economic Calendar & Watch List 10/23/2015

 

Morning Notes

US futures are moving higher this morning after strong earnings reports from tech companies Amazon, Microsoft, and Google which are all sharply higher in the pre market. In world wide news, China has cut their interest rate by .25 basis points that becomes effective October 24th. Asian stocks closed higher.

 

Technicals

SPY_10_23

The SPY surged higher in yesterday’s session closing just off the highs and below the 200 day moving average. Support will lie at the low of yesterday’s range at $201.85, followed by $201.65 and $199.64. Resistance will lie at the high of yesterday’s range at $205.51, followed closely by the 200 day moving average at $206 and then $207.17.

 

Small Cap Watch List

 

**Others On Watch**

 

Economic Calendar

9:45 Preliminary Oct U.S. Markit manufacturing PMI expected -0.4 to 52.7

3:00 USDA Sep Cattle on Feed

 

Notable Earnings Before Open

PG: Procter & GambleEPS Est. $.95, Rev Est. $17.17B

AAL: American Airlines Group Inc – EPS Est. $2.72, Rev Est. $10.7B

RCL: Royal Caribbean Cruises Ltd – EPS Est. $2.71, Rev Est. $2.53B

WHR: Whirlpool – EPS Est. $3.29, Rev Est. $5.41B

VF: VF Corp – EPS Est. $1.12, Rev Est. $3.68B

 

Notable Earnings After Close

NONE

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