Thursday December 24, 2015
Economic Calendar & Watch List 12/24/2015
Morning Notes
US futures are slightly lower while European markets are also trading slightly lower ahead of the holiday and half session closing today at 1 PM EST. Asian stocks closed mixed. Expect a thin, light, half day of trading.
Technicals
The SPY moved higher in yesterday’s session closing just below the 200 day moving average. Support will lie at $204.58 followed by $204.85, and $201.55. Resistance will lie at the high of yesterday’s range at $206.07, followed by the 200 day moving average at $206.25.
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**
*Due to the half session and holiday, there will be no day trading.
Economic Calendar
8:30 Weekly initial unemployment claims expected -1,000 to 270,000
1:00 Market closes early
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
