Economic Calendar & Watch Lists 8/9/2016

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Tuesday, August 9, 2016

 

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are slightly higher this morning along with European markets trading modestly higher. A few key economic data points hit this morning including labor costs, productivity, and wholesale inventories which will give markets further direction. Asian stocks closed mostly higher.

 

Technicals

SPY89

The SPY initially pushed higher in yesterday’s session to then pull off the highs into the close. Support will lie at the low of yesterday’s range at $217.74, followed by upper support pivot at  $217.30, then $217.07, $216.78, $215.83, and $215.13. Resistance will lie only at the high of yesterday’s range at $218.52.

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**

$W

$X

$ENDP

 

Economic Calendar

8:30 Q2 non-farm productivity expected +0.5%

10:00 Jun wholesale inventories expected unchanged

1:00 Treasury auctions $24 billion of 3-year T-notes

 

Notable Earnings Before Open

AER: Aercap Holdings – EPS Est. $1.43, Rev Est. $1.22B

CHTR: Charter Communications – EPS Est. $.21, Rev Est. $8.04B

LNG: Cheniere Energy – EPS Est. $(0.49), Rev Est. $N/A

COH: Coach – EPS Est. $.40, Rev Est. $1.15B

GWPH: GW Pharma – EPS Est. $(1.73), Rev Est. $3.36M

INCY: Incyte – EPS Est. $(.02), Rev Est. $233.39M

IONS: Ionis – EPS Est. $(.48), Rev Est. $40.43M

MWW: Monster Worldwide – EPS Est. $0.00, Rev Est. $158.26M
SAGE: Sage Therapeutics – EPS Est. $(1.04), Rev Est. $N/A

VRX: Valeant – EPS Est. $1.59, Rev Est. $2.59B

WWAV: White Wave – EPS Est. $.30, Rev Est. $1.05B

 

Notable Earnings After Close

CYBR: Cyberark Software – EPS Est. $.20, Rev Est. $48.35M

DIS: Disney – EPS Est. $1.61, Rev Est. $14.26B

FOSL: Fossil – EPS Est. $.09, Rev Est. $674.08M

HALO: Halozyme – EPS Est. $(.25), Rev Est. $27.36M

XON: Intrexon – EPS Est. $(.23), Rev Est. $55.37M

JAZZ: Jazz Pharma – EPS Est. $1.71, Rev Est. $382.75M

MDVN: Medivation – EPS Est. $.22, Rev Est. $209.54M

MYL: Mylan – EPS Est. $1.15, Rev Est. $2.61B

SCTY: SolarCity – EPS Est. $(2.43), Rev Est. $134.56M

SEDG: SolarEdge – EPS Est. $.36, Rev Est. $129.40M

 

August 9th Swing Watch List

$CECO – Long entry is over 7.53, stop 7.20. Target is 8.00+.

$EYES – A previous big runner showing signs of life. Long entry is over 4.23, add spot 4.50. Stop is 4.00. Target will be 5.30 and then 5.70.

$BCC – On short watch as it test the 9EMA here. Short entry is below 26.00, stop 27. Target will be 23.70.

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