Economic Calendar & Watch List 11/9/2015


Monday November 9, 2015


Economic Calendar & Watch List 11/9/2015


Morning Notes

US futures are slightly lower this morning and European stocks are trading lower by nearly -.50% after this year’s and next Global GDP forecast was cut. Asian stocks closed mixed after a slowdown in China’s import and exports for October.




The SPY traded lower in Friday’s session but managed to close well off the lows of the day. Support will lie at the low of Fridays’ range at $208.46, followed by $208.17, $207.74, and the 200 day moving average at $206.39. Resistance will lie at the high of Friday’s range at $210.32, followed by descending resistance at $210.80’s and then $210.90, $211.50, $211.66 and $211.77.


Small Cap Watch List

AVXL: Anavex Life Sciences – Company reported that Says Alzheimers Data Met Main, Secondary Goals. Gapping up 24% with a 28M share float.

ICON: Iconix Brands – Sees 2016 Adj. EPS Below Est; Takes 3Q Reserve. Gapping up 13% with a 43M share float.


**Others On Watch**




Economic Calendar

11:00 USDA weekly grain export inspections

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

4:00 USDA weekly crop progress

Notable Earnings Before Open

PCLN: Price Line – EPS Est. $24.23, Rev Est. $3.05B

TOL: Toll Brothers – EPS Est. $.83, Rev Est. $1.43B

DISH: DISH Network – EPS Est. $.39, Rev Est. $3.79B

DF: Dean Foods – EPS Est. $.24, Rev Est. $2.04B

HTZ: Hertz – EPS Est. $.52, Rev Est. $3.07B


Notable Earnings After Close

LGF: Lions Gate Entertainment – EPS Est. $.03, Rev Est. $491M