Economic Calendar & Watch Lists 10/25/2016

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Tuesday October 25, 2016

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are relatively flat this morning while European stocks trade slightly higher on positive outlooks on the strength of the global economy. Asian stocks closed mostly higher.

 

Technicals

spy1025

The SPY traded higher throughout yesterday’s session and managed to hold back above its 100 day moving average. Support will lie at the low of yesterday’s range at $214.48, followed by the 100 day moving average at $214.27, then $214.08, $212.76, and the support pivot at $212.50. Resistance will lie at the high of yesterday’s range at $215.32, followed by $215.74, the 50 day moving average at $215.93, then $216, and the resistance pivot at $216.8.

 

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**

$UA

 

Economic Calendar

9:00 Aug FHFA house price index expected +0.4% m/m

9:00 Aug S&P CoreLogic composite-20 home price index expected +0.15% m/m

10:00 Oct consumer confidence expected -3.1 to 101

10:00 Oct Richmond Fed manufacturing survey expected +4 to -4

 

Notable Earnings Before Open

MMM: 3M – EPS Est. $2.14, Rev Est. $7.71B

AKS: AK steel – EPS Est. $.13, Rev Est. $1.45B

BHI: Baker Hughes – EPS Est. $(.43), Rev Est. $2.42B

CAT: Caterpillar – EPS Est. $.78, Rev Est. $9.84B

GLW: Corning – EPS Est. $.38, Rev Est. $2.5B

DD: Dupont – EPS Est. $.21, Rev Est. $4.88B

LLY: Eli Lilly – EPS Est. $.96, Rev Est. $5.36B

FCX: Freeport Mcmoran – EPS Est. $.19, Rev Est. $3.88B

GM: General Motors – EPS Est. $1.44, Rev Est. $40.02B

JNS: Janus Capital – EPS Est. $.23, Rev Est. $259.92M

JBLU: Jet Blue – EPS Est. $.60, Rev Est. $1.72B

LMT: Lockheed Martin – EPS Est. $2.86, Rev Est. $11.44B

SAVE: Spirit Airlines – EPS Est. $1.16, Rev Est. $606.87M

UA: Under Armour – EPS Est. $.25, Rev Est. $1.45B

UTX: United Technologies – EPS Est. $1.68, Rev Est. $14.42B

VLO: Valero – EPS Est. $.91, Rev Est. $16.5B

WHR: Whirlpool – EPS Est. $3.88, Rev Est. $5.32B

 

Notable Earnings After Close

AKAM: Akamai – EPS Est. $.61, Rev Est. $572.36M

AAPL: Apple – EPS Est. $1.66, Rev Est. $46.55B

CMG: Chipotle Mexican Grill – EPS Est. $1.63, Rev Est. $1.10B

JNPR: Juniper Networks – EPS Est. $.52, Rev Est. $1.25B

P: Pandora – EPS Est. $(.06), Rev Est. $366.23M

PNRA: Panera – EPS Est. $1.34, Rev Est. $682.82M

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