Economic Calendar & Watch List 3/3/2017

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Friday March 3, 2017

 

Economic Calendar & Watch List

 

Morning Notes

US Futures are tracking slightly lower this morning while European markets trade higher by +0.45%. US markets await the speeches from Fed Chair Janet Yellen and Fed Vice Chair Stanley Fischer later today. The price of gold is trading at 2 week lows, down -0.40%. Asian stocks closed predominantly lower.

 

Technicals

The SPY consolidated throughout yesterday’s session closing out the day on the lows. Support will lie at the low of yesterday’s range at $238.27, followed by $237.31, $236.95, $236.01, $235.41, $235.09, and $233.95. Resistance will lie at the high of yesterday’s range at $239.57, followed by record highs at $240.32.

 

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**

$COST

$NTNX

 

Economic Calendar

9:45 Revised February Markit services PMI expected +0.1 to 54

10:00 Feb ISM non-manufacturing PMI expected unchanged at 56.5

10:15 Chicago Fed President Charles Evans speaks

12:15 Fed Governor Jerome Powell speaks

12:30 Fed Vice Chair Stanley Fischer speaks

1:00 Fed Chair Janet Yellen speaks on economic conditions and outlook

 

Notable Earnings Before Open
Lexicon Pharma (LXRX) – EPS Est. ($0.52)

Big Lots (BIG) – EPS Est. $2.22

Notable Earnings After Close
NONE

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