Economic Calendar & Watch List 11/24/2015

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Tuesday November 24, 2015

 

Economic Calendar & Watch List 11/24/2015

 

Morning Notes

US Futures are lower by nearly -.50% and European markets are off over -1% on news that Turkey has shot down a Russian military jet after Turkey claimed the jet had penetrated its airspace without permission. Asian stocks closed mixed.

 

Technicals

SPY_11_24

The SPY traded slightly lower in yesterday’s session on less than average volume as we approach the holiday. Support will lie at the low of yesterday’s range at $208.52, followed by $208.20 and the 200 day moving average at $206.60. Resistance will lie at the high of yesterday’s range at $209.98, followed by $210.12 and descending resistance at $210.60.

 

Small Cap Watch List

 

**Others On Watch**

PANW

DLTR

ADI

 

Economic Calendar

8:30 Revised Q3 GDP expected +2.1%

9:00 Sep S&P CaseShiller composite-20 home price index expected +0.30% m/m and +5.10% y/y

10:00 Nov consumer confidence expected +1.9 to 99.5

10:00 Nov Richmond Fed manufacturing survey expected +2 to 1

11:30 Treasury auctions $13 billion 2-year floating rate notes

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

Notable Earnings Before Open

CPB: Campbell Soup Co – EPS Est. $.76, Rev Est. $2.21B

TIF: Tiffany’s – EPS Est. $.75, Rev Est. $971M

DLTR: Dollar Tree – EPS Est. $.53, Rev Est. $4.84B

SIG: Signet Jewelers – EPS Est. $.39, Rev Est. $1.23B

DSW: DSW Inc – EPS Est. $.45, Rev Est. $668.51M

 

Notable Earnings After Close

HPQ: Hewlett Packard – EPS Est. $.44, Rev Est. $12.84B

VEEV: Veeva Systems – EPS Est. $.10, Rev Est. $103.64M

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