Monday November 28, 2016
Economic Calendar & Watch Lists
Morning Notes
US Futures are tracking slightly lower this morning while European stocks are under pressure led by a decline in the Italian banking sector after the Italian Prime Minister is facing referendum which may force his resignation. Asian stocks closed mostly mixed.
Technicals
The SPY continued its push higher throughout the remainder of the Thanksgiving holiday and closed at new highs. Support will lie at the low of Friday’s range at $221.01, followed by $220.76, $219.75, $219, and $218.29. Resistance will lie at the high of Friday at $221.56.
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**
$CTSH
Economic Calendar
10:30 November Dallas Fed manufacturing activity expected +3
Notable Earnings Before Open
Fand Holdings Ltd (NYSE:SFUN)
Notable Earnings After Close
21Vianet Group (NASDAQ:VNET)