Monday November 14, 2016
Economic Calendar & Watch Lists
Morning Notes
US Futures are relatively flat along with European stocks as the slip in the price of crude to nearly 2 month lows weighs on markets. Asian markets closed mostly mixed.
Technicals
The SPY managed to hold back above its 50 and 100 day moving averages to close out last week. Support will lie at the low of Friday’s range at $215.32, followed by $215.22, the 100 day moving average at $214.77 and the 50 day moving average at $214.47. Resistance will lie at the high of Friday’s range at $216.70, followed by a resistance pivot at $216.80, then $218.31, $218.94, $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**
NONE
Economic Calendar
NONE
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
