Economic Calendar & Watch List 7/18/2016

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Monday, July 18, 2016

 

Economic Calendar & Watch Lists 7/18/2016

 

Morning Notes

US Futures are slightly lower this morning while European stocks trade lower, off 3 week highs, after a failed military coup took place in Turkey over the weekend. Asian stocks closed mixed while Japan is closed for a holiday.

 

Technicals

SPY718

The SPY drifted lower throughout Friday’s session, pulling off the recent highs. Support will lie at $215.31, $214.35, the former ascending macro resistance at $213.80 – $214, and then $213.43. Resistance will lie only at the high of Friday’s range at $217.01.

 

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

10:00 Jul NAHB housing market index expected unchanged at 60

11:00 USDA weekly grain export inspections

4:00 USDA Weekly Crop Progress

 

Notable Earnings Before Open

BAC: Bank of America – EPS Est. $.34, Rev Est. $20.39B

SCHW: Charles Schwab – EPS Est. $.30 Rev Est. $1.8B

HAS: Hasbro – EPS Est. $.39, Rev Est. $858.97M

CALM: Cal-Maine Foods – EPS Est. ($0.20), Rev Est. $304.29M

 

Notable Earnings After Close

NFLX: Netflix – EPS Est. $.02, Rev Est. $2.11B

VMW: VMware – EPS Est. $.95, Rev Est. $1.68B

EMC: EMC Corp – EPS Est. $.42, Rev Est. $6B

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