Economic Calendar & Watch List 1/11/2016

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Monday January 11, 2016

 

Economic Calendar & Watch List 1/11/2016

 

Morning Notes

US futures are slightly higher this morning and European stocks are trading higher by roughly +.75%. In overnight trading, China’s Shanghai fell another 5% initially but was able to recover the slide into the session close, however Asian stocks still did in predominantly lower.

 

Technicals

SPY_1_11

The SPY traded sharply lower in Friday’s session closing out the day just off the lows. Support will first lie at the low of Friday’s range at $191.58, followed by $189.12 and $186.93. Resistance will lie at the high of Friday’s range at $195.85, followed by a zone of heavy resistance between $197.40 and $197.60.

 

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**

UA

 

Economic Calendar

11:00 USDA weekly grain export inspections

12:40 Atlanta Fed President Dennis Lockhart speaks

3:50   Dallas Fed President Rob Kaplan speaks    

                                     

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

AA: Alcoa – EPS Est. $.03, Rev Est. $5.29B

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