Economic Calendar & Watch List 6/13/2017

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Tuesday June 13, 2017

 

Economic Calendar & Watch List

 

 

Morning Notes

US Futures are edging higher this morning while European stocks trade higher by over +0.50% led by a rebound in technology stocks with AAPL trading higher by +1% and NVDA trading higher by over +2% in the pre market. Markets are otherwise quiet as they await the results of the 2 day FOMC policy meeting which begins today. Asian stocks closed predominantly higher.

 

Technicals

The SPY remained in a constricted range on quiet trading throughout yesterday’s session. Support will lie at the low of yesterday’s range at $242.38, followed by $241.95, the 20 EMA at $241.69, $241.64, the near term support pivot at $240.65, then $239.93, $239.51, $238.82, and the 50 SMA at $238.60. Resistance will lie at yesterday’s highs at $243.42, followed by the record highs at $245.01 put in on Friday before the selloff.  

 

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**

Nothing has presented a viable technical setup as of yet. Join us live in chat for the latest updates and alerts!

 

 

Economic Calendar

8:30 May PPI expected unchanged

10:30 Fed begins 2 day policy meeting

1:00 Treasury Auction

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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