Economic Calendar & Watch List 1/4/2017

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Wednesday January 4, 2017

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are tracking higher this morning while European markets trade slightly lower on higher than expected CPI data which is causing a demand for gold to hedge for possible inflation. Asian stocks closed predominantly lower.

 

Technicals

The SPY reclaimed the recent pivot at $224.89 and closed higher to end yesterday’s session. Support will lie at the recent pivot at $224.89, followed by the low of yesterday’s range at $223.88, $222.73, and $221.38. Resistance will lie at the high of yesterday’s range at $225.83, followed by $226.59, $226.73, $227.81, 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**

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Economic Calendar

2:00 FOMC Minutes

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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