Economic Calendar & Watch List 12/16/2016

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Friday December 16, 2016

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are tracking slightly higher this morning while European stocks trade at near 12 month highs and Asian stocks closed mostly mixed.

 

Technicals

spy1216

The SPY consolidated further throughout yesterday’s session while trading on strong relative volume. Support will lie at the low of yesterday’s range at $225.89, followed by $225.41, $224.26, and $221.38. Resistance will lie at the high of yesterday’s range at $227.81, followed by $228.23 and record highs at $228.34.

 

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**

$AGIO

Economic Calendar

8:30 November housing starts expected -7.0% to 1.23M

8:30 November building permits expected -1.6% to 1.24M

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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