Economic Calendar & Watch Lists 7/5/2016

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Tuesday July 5, 2016

 

Economic Calendar & Watch Lists 7/5/2016

 

Morning Notes

US Futures are pointing lower this morning while European stocks trade lower by over -1% led by a slide in crude prices, dragging energy producers lower. Asian stocks closed predominantly lower.

 

Technicals

SPY75

The SPY drifted higher in Friday’s session but is gapping lower in pre market trading. Support will lie at the 50 day moving average at $207.70, followed by the low of Thursday’s session at $206.56 and then the mid range support pivot at $205.25. Resistance will lie at the low of Friday’s range at $209.29, followed by the high of Friday’s range at $210.49.

 

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**

$HOG

 

Economic Calendar

9:45 New York ISM

10:00 May Factory Orders Est. (-.09%)

10:00 May Durable Goods Est. (-2.2%)

2:30 Fed’s Dudley Speaks

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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