Economic Calendar & Watch List 1/5/2016

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Tuesday January 5, 2016

 

Economic Calendar & Watch List 1/5/2016

 

Morning Notes

US futures are pointing lower and European stocks are trading lower by over -.50% after China extended losses overnight. Asian stocks closed lower.

 

Technicals

SPY_1_5

The SPY gapped significantly lower in yesterday’s session hitting 3 month lows. Support will lie at a very key level of $198.59 which is the low of yesterday’s range and corresponds with more support 3 months ago. Resistance will lie at the high of yesterday’s range at $201.03, followed by the beginning of the gap at $203.87.

 

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**

SWHC

LLY

FSLR

SCTY

 

Economic Calendar

9:45 Dec New York ISM, Nov -5.1 to 60.7

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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