Economic Calendar & Watch List 11/24/2015


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.




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**





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