Economic Calendar & Watch Lists 11/8/2016

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Tuesday November 8, 2016

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are relatively flat this morning as markets await the results of today’s presidential election. European stocks are trading slightly lower after German industrial data for the month of September was the worst in 2 years. Asian stocks closed predominantly higher.

 

Technicals

spy118

The SPY gapped sharply higher to begin yesterday’s session and managed to maintain those gains and closed out on the highs. Support will lie at the recent support pivot at $212.50, followed by the low of yesterday’s range at $211.30, then $211.10, $210.24, $209.89, and the 200 day moving average at $208.28. Resistance will lie at the high of yesterday’s range at $213.19, followed by $213.93, the 100 day moving average at $214.44, and the 50 day moving average at $214.62.

 

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**

$VRX

$HTZ

$CVS

$MOMO

 

Economic Calendar

10:00 Sep JOLTS job openings expected +32,000 to 5.475M

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

 

Notable Earnings Before Open

AER: Aercap Holdings – EPS Est. $1.42, Rev Est. $1.2B

CVS: CVS Caremark – EPS Est. $1.57, Rev Est. $45.31B

ENDP: Endo Int’l – EPS Est. $.81, Rev Est. $867.01M

HTZ: Hertz – EPS Est. $.51, Rev Est. $NA

VRX: Valeant Pharmaceuticals – EPS Est. $1.78, Rev Est. $2.49B

 

Notable Earnings After Close

NONE

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