Monday December 21, 2015
Economic Calendar & Watch List 12/21/2015
Morning Notes
US futures are trading higher this morning by over +.75% and European stocks are also trading higher lifted by a rise in technology names. Disney (DIS) is trading nearly +2% higher in the pre market session after Star Wars collected over $238M in the U.S. and Canada. Asian stocks closed mostly higher.
Technicals
The SPY traded sharply lower in Friday’s session closing below significant levels of support. Support will lie at the low of Friday’s range at $199.83, followed by $199.64, $198.94, and $198.59. Resistance will lie at the high of Friday’s range at $202.93, followed by $203.05, $204.58, $204.80, and $204.84.
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**
DIS
Economic Calendar
8:30 Nov Chicago Fed national activity index expected +0.14 to 0.10
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE