Economic Calendar & Watch List 11/10/2015

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Tuesday November 10, 2015

 

Economic Calendar & Watch List 11/10/2015

 

Morning Notes

US Futures are slightly lower this morning while European stocks are trading lower as continued concerns of China’s deflation issues puts pressure on markets. Asian stocks closed predominantly lower.

 

Technicals

SPY_11_10

The SPY broke lower through last week’s accelerated move higher and is approaching the 200 day moving average. Resistance will lie at the high of yesterday’s range at $209.49, followed by $210.32, and descending resistance at $210.80’s. Support will lie at the low of yesterday’s range at $206.95 and the 200 day moving average at $206.39.

 

Small Cap Watch List

SPHS: Sophiris Bio – Phase 3 study met primary endpoint. Gapping up 380% with a 14.2M share float.

 

**Others On Watch**

W

ADSK

ARMH

CYBR

 

Economic Calendar

8:30 Oct import price index expected -0.1% m/m and -9.4% y/y

10:00 Sep wholesale inventories expected +0.1% m/m, Aug +0.1% m/m

12:00 USDA Nov WASDE crop production

1:00 Treasury auctions $24 billion 10-year T-notes

Notable Earnings Before Open

CSIQ: Canadian Solar – EPS Est. $.27, Rev Est. $733.93M

DHI: D.R. Horton – EPS Est. $.62, Rev Est. $3.04B

AER: Aercap – EPS Est. $1.51, Rev Est. $1.29B

W: Wayfair – EPS Est. $(.24) Rev Est. $523.39M

BZH: Beazer Homes – EPS Est. $.92, Rev Est. $650.84M

 

Notable Earnings After Close

JUNO: Juno Therapeutics – EPS Est. $(.41), Rev Est. $N/A

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