Economic Calendar & Watch List 7/20/2016


Wednesday, July 20, 2016


Economic Calendar & Watch Lists 7/20/2016


Morning Notes

US Futures are moving higher this morning while European stocks trade higher by over +1% after strong earnings reports from MS and MSFT are leading the US market higher early. Strong, better than expected earnings also out of European companies Volkswagen AG and SAB SE are adding strength overseas. Asian stocks closed mostly mixed.




The SPY traded in a constricted range on light volume throughout yesterday’s session and is gapping higher this morning. Support will lie at the high of Monday’s range at $216.60, followed by yesterday’s high at $216.23, yesterday’s low at $215.63, then $215.31 and $214.35. Resistance will lie only at the high of Fridays 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

10:30 EIA Weekly Petroleum Status Report


Notable Earnings Before Open

ASML: ASML Holdings – EPS Est. $.87, Rev Est. $1.9B

ABT: Abbott – EPS Est. $.53, Rev Est. $5.24B

CP: Canadian Pacific – EPS Est. $1.56, Rev Est. $1.48B

HAL: Halliburton – EPS Est. $(0.19), Rev Est. $3.77B

ITW: Illinois Tool Works – EPS Est. $1.40, Rev Est. $3.41B

MS: Morgan Stanley – EPS Est. $.60, Rev Est. $8.34B

STJ: St Jude Medical – EPS Est. $1.06, Rev Est. $1.55B

TUP: Tupperware – EPS Est. $1.11, Rev Est. $559.91M


Notable Earnings After Close

AXP: American Express – EPS Est. $1.92, Rev Est. $8.31B

EBAY: eBay – EPS Est. $.42, Rev Est. $2.17B

FFIV: F5 Networks – EPS Est. $1.79, Rev Est. $495.29M
INTC: Intel – EPS Est. $.53, Rev Est. $13.54B

MAT: Mattel – EPS Est. $.55, Rev Est. $213.03M