Monday December 14, 2015
Economic Calendar & Watch List 12/14/2015
US futures are relatively flat and European stocks are trading lower by -.40% as crude falls to the lowest in nearly 7 years causing energy producers to slide. China reported stronger than expected economic data overnight but the majority of Asian stocks still closed lower.
The SPY fell lower again in Friday’s session breaking through a key technical support level. Support will lie at the low of Friday’s range at $201.51, followed by $199.64, $198.94, and $198.59. Resistance will lie at the high of Friday’s range at $204.14, followed closely by the low of Thursday’s range at $204.18.
Small Cap Watch List
*Please refer to the momentum scanners displayed live in the chat room for potential plays at the market open.
**Others On Watch**
11:00 USDA weekly grain export inspections.
Notable Earnings Before Open
Notable Earnings After Close
PAY: Verifone Systems – EPS Est. $.48, Rev Est. $513.43M