Economic Calendar And Watch List 2/27/2017
Warrior Trading | Feb 27, 2017 10:59PM ET
Economic Calendar And Watch List
Morning Notes
US Futures are relatively flat this morning while European stocks are trading slightly higher. Markets await President Trump’s speech to Congress on Tuesday where he is expected to reveal his full tax and healthcare reform plans. The price of crude is trading higher this morning by +.075% giving energy producing stocks a bid. Asian stocks closed predominantly lower.
Technicals
The SPY (NYSE:SPY) finished higher on Friday, closing just below record highs. Near term support will lie at the low of Friday’s range at $235.41, followed by $235.09, $233.95, $233.85, $233.39, and $232.16. Resistance will lie at the high of Friday’s range at $236.79, followed by record highs at $236.90.
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**
Economic Calendar
8:30 January durable goods orders expected +1.7% and +0.5% ex trans
10:00 January pending home sales expected +1.0%
10:30 Feb Dallas Fed manufacturing activity expected -2.7
11:00 Dallas Fed President Robert Kaplan speaks
Notable Earnings Before Open
Sotheby’s (NYSE:BID) – EPS Est. $1.17
BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) – EPS Est. -$0.23
Horizon Pharma (NASDAQ:HZNP) – EPS Est. $0.51
Notable Earnings After Close
Perrigo (NYSE:PRGO) – EPS Est. $1.62
Priceline.com Incorporated (NASDAQ:PCLN) – EPS Est. $13.09
Workday (NYSE:WDAY) – EPS Est. -$0.01
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