Monday February 13, 2017
Economic Calendar & Watch List
US Futures are trading at more record highs this morning while European stocks trade at 2 week highs, currently +0.75%. Markets around the world pushed higher on the heels of US markets after Friday’s close at new all time highs. The price of crude is lower this morning by roughly 0.70% after Baker Hughes data showed more oil rigs online. Asian stocks closed higher.
The SPY continued its surge higher to new record highs throughout Friday’s session and is trading at new record highs this morning. Support will lie at the low of Friday’s range at $230.62, followed by $229.56, $229.39, $228.31, $228.10, and $226.82. There is no nearby resistance at this time.
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**
Notable Earnings Before Open
Teva Pharma (TEVA) – EPS Est. $1.36
Notable Earnings After Close