Economic Calendar & Watch List 1/13/2016

2112

Wednesday January 13, 2016

 

Economic Calendar & Watch List 1/13/2016

 

Morning Notes

US futures are higher this morning and European stocks are trading higher by +1.25% after a economic report out of China showed that imports and exports fell less than expected for the prior month. Asian stocks closed higher.  

 

Technicals

SPY_1_13

The SPY initially traded lower in yesterday’s session and ended well off the lows after a late day rally occurred. Support will lie at the low of yesterday’s range at $191.14, followed by $189.82 and $189.12. Resistance will lie at the high of yesterday’s range at $194.55, followed by $195.85 and a heavy resistance zone between $197.40 – $197.50.

 

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**

CYBR

MSFT

ESRX

QCOM

 

Economic Calendar

10:30 EIA Weekly Petroleum Status Report

12:30 Chicago Fed President Charles Evans speaks on the economic outlook

1:00 Treasury auctions $21 billion 10-year T-notes

2:00 Dec monthly budget statement expected -$10.0 billion

2:00 Fed Beige Book

                                   

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

NO COMMENTS

LEAVE A REPLY