Economic Calendar & Watch List 9/9/2016

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Friday, September 9, 2016

 

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are slightly lower this morning along with European markets after speculation that the consensus of the global central banks is to put further stimulus measures on hold. Also affecting European markets is the Eurozone’s largest economy, Germany, reported the weakest number in nearly a year for July exports. Asian stocks closed mostly lower.

 

Technicals

SPY99

The SPY traded in a constricted range throughout yesterday’s session and closed slightly lower. Support will lie at the low of yesterday’s range at $218.15, followed by $217.86, $217.70, the upper range support pivot at $217.30, and then the 50 day moving average at $216.24. Resistance will lie at the high of yesterday’s range at $218.94, followed by $219.22, and all time highs at $219.60.

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**

$RH

$FNSR

 

Economic Calendar

8:30 USDA weekly Export Sales

9:30 Dallas Fed President Robert Kaplan speaks

10:00 Revised Jul wholesale inventories expected +0.1% m/m

 

Notable Earnings Before Open

SWFT: Swift Transportation – EPS Est. $.32, Rev Est. $1.03B

 

Notable Earnings After Close

MFRM: Mattress Firm – EPS Est. $.65, Rev Est. $997.55M

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