Economic Calendar & Watch List 10/28/2015

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Wednesday October 28, 2015

 

Economic Calendar & Watch List 10/28/2015

 

Morning Notes

US futures are slightly higher and European stocks are trading higher by over +.5% after AAPL reported earnings and is trading higher in the premarket. The market awaits the results of the FOMC 2 day policy meeting later today to be released at 2:00 PM EST for an interest rate decision. Asian stocks closed predominantly lower.

 

Technicals

SPY_10_28

The SPY traded lower in yesterday’s session but closed off the lows after testing the 200 day moving average at $206. Support will lie at the 200 day moving average at $206, followed by the low of yesterday’s range at $205.79. Resistance will lie at the high of yesterday’s range at $207, followed by $207.37 and $207.95.

 

Small Cap Watch List

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

 

**Others On Watch**

AKAM

ICPT

CAB

 

Economic Calendar

7:00 Weekly MBA mortgage applications

7:30 Sep advance U.S. goods trade deficit expected -$64.3 billion

10:30 EIA Weekly Petroleum Status Report

11:30 Treasury auctions $15 billion 2-year floating rate notes

1:00 Treasury auctions $35 billion 5-year T-notes

2:00 FOMC interest rate decision

 

Notable Earnings Before Open

GRMN: Garmin – EPS Est. $.51, Rev Est. $687.6M

LVLT: Level 3 Communications – EPS Est. $.46, Rev Est. $2.06B

ANTM: Anthem – EPS Est. $2.33, Rev Est. $19.64B

HOT: Starwood Hotels – EPS Est. $.72, Rev Est. $1.44B

 

Notable Earnings After Close

FFIV: F5 Networks – EPS Est. $1.74, Rev Est. $506.52M

AMGN: Amgen – EPS Est. $2.38, Rev Est. $5.32B

PYPL: PayPal – EPS Est. $.24, Rev Est. N/A

TSO: Tesoro Group – EPS Est. $6.05, Rev Est. $7.1B

VRTX: Vertex – EPS Est. $(.60), Rev Est. $244.25M

UNM: Unum – EPS Est. $.91, Rev Est. $2.68B

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