Economic Calendar & Watch Lists 3/15/2016


Tuesday March 15, 2016


Economic Calendar & Watch Lists 3/15/2016


Morning Notes

US Futures are lower this morning along with European markets as the price of crude continues its slide at 1 week lows dragging energy producers SLB and FCX sharply lower in the pre market. Asian stocks closed mostly lower.



SPY Chart

The SPY traded in a low volume narrow range in yesterday’s session but managed to close back above the 200 day SMA. Due to this mornings gap lower, support will lie at the first pivot level of $$200.05, followed by $199.52, and the next critical pivot and reversal level of $197.60 – $197.40. Resistance will lie first at the low of yesterday’s range at $201.77, followed by at the 200 day SMA at $202.06, and the high of yesterday’s range at $203.05.


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**



Economic Calendar

8:30 Core PPI  Est. 0.1%

8:30 Core Retail Sales Est. -0.2%

8:30 PPI  Est. -0.2%

8:30 Retail Sales  Est. -0.1%

8:30 NY Empire Manufacturing Index  Est. -10

10:00 Business Inventories Est. -0.1%


Notable Earnings Before Open

VRX: Valeant Pharmaceuticals – EPS Est. $2.64, Rev Est. $2.75B

DSW: DSW Inc. – EPS Est. $.08, Rev Est. $641.19M


Notable Earnings After Close