Monday October 10, 2016
Economic Calendar & Watch Lists
Morning Notes
US Futures are pointing slightly higher this morning while European markets are trading roughly +.30% higher on light action as some markets are closed for the Columbus day holiday. Asian stocks closed predominantly higher.
Technicals
The SPY traded lower throughout Friday’s session closing out the day on the near term ascending support. Support will lie at the near term ascending support at $215.20, followed by the low of Friday’s range at $214.19, then $213.99 and the 100 day moving average at $213.62. Resistance will lie at the high of Friday’s range at $216.30, followed by the 50 day moving average at $216.71, then $216.80, $217.12, and the upper resistance pivot at $217.30.
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**
$TSRO
$BMY
$MYL
Economic Calendar
NONE
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
