Tuesday December 13, 2016
Economic Calendar & Watch List
Morning Notes
US Futures are pointing to a higher open this morning while European stocks are trading higher by nearly +1% led by a surge in Italian banking stocks. The price of crude is edging higher again this morning by over +.75% giving energy producing stocks a lift. Asian stocks closed predominantly higher.
Technicals
The SPY consolidated throughout yesterday’s session at record highs. This morning the SPY is moving higher yet again posting more record highs. Support will lie at the high of yesterday’s range at $226.96, followed by $225.76, $225.41, $224.26, and $221.38. There is currently no short term resistance.
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**
$WYNN
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Economic Calendar
NONE
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
