Economic Calendar & Watch List 11/3/2016

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Thursday November 3, 2016

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are relatively flat to slightly higher this morning after 7 straight sessions of decline. Markets await the results of  the imminent presidential election which still remains very uncertain at this time. Asian stocks closed mostly lower with Japan closed for holiday.

 

Technicals

spy113

The SPY continued its move lower yesterday and closed negative for the 7th straight session. Support will lie at the low of yesterday’s range at $209.23 followed by the 200 day moving average at $203.09. Resistance will lie at the high of yesterday’s range at $211.10, followed by the recent support pivot which is now resistance at $212.50, then $212.99, $213.19, $213.93, and the 100 day moving average at $214.38.

 

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**

$FSLR

$FB

 

Economic Calendar

8:30 Weekly initial unemployment claims expected -2,000 to 256,000

8:30 3 non-farm productivity expected +2.1%

8:30 USDA weekly Export Sales

9:45 Final-Oct Markit U.S. services PMI expected unch at 54.8

10:00 Oct ISM non-manufacturing PMI expected -1.1 to 56

 

Notable Earnings Before Open

DDD: 3D Systems – EPS Est. $.09, Rev Est. $166.53M
APA: Apache – EPS Est. $(.11) Rev Est. $1.39B

CHTR: Charter Communications – EPS Est. $.62, Rev Est. $10.02B

GOGO: Gogo In Flight – EPS Est. $(.45), Rev Est. $148.08M

LVLT: Level 3 Communications – EPS Est. $.45, Rev Est. $NA

 

Notable Earnings After Close

ATVI: Activision Blizzard – EPS Est. $.39, Rev Est. $1.57B

CLVS: Clovis – EPS Est. $(1.89), Rev Est. $NA

FEYE: Fireye – EPS Est. $(.31), Rev Est. $182.40M

FOSL: Fossil – EPS Est. $.30, Rev Est. $735.48M

GPRO: GoPro – EPS Est. $(.36), Rev Est. $303.33M

SWKS: Skyworks – EPS Est. $1.43, Rev Est. $830.79M

SBUX: Starbucks – EPS Est. $.55, Rev Est. $5.69B

TWLO: Twilio – EPS Est. $(.09), Rev Est. $66.49M

OLED: Universal Display – EPS Est. $.01, Rev Est. $36.8M

WTW: Weight Watchers – EPS Est. $.44, Rev Est. $285.5M

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