Economic Calendar And Watch List 2/3/2017
Warrior Trading | Feb 03, 2017 02:01AM ET
Economic Calendar and Watch List
Morning Notes
US Futures are tracking modestly higher this morning while European stocks trade higher by over +.50% as markets await the US payroll report which may provide clues into the timing of the next rate increase by the FOMC. Asian stocks closed mostly mixed.
Technicals
The SPY (NYSE:SPY) held the former descending resistance in yesterday’s session and attempted to pivot higher. Support will lie at the low of yesterday’s range at $226.82, followed by the former descending resistance at $226.70, then $226.32, $225.27, the 50 day moving average at $225.18 and the recent support pivot at $224.89. Resistance will lie at the high of yesterday’s range at $228.10, followed by $228.59, $228.76, $229.59, and record highs at $229.71.
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**
FTNT (NASDAQ:FTNT)
DATA (NYSE:DATA)
DECK (NYSE:DECK)
Economic Calendar
8:30 January non-farm payrolls expected +175K
8:30 January avg hourly earnings expected +0.3%
9:15 Chicago Fed President Charles Evans speaks
9:45 Revised January Markit services PMI
10:00 January ISM non-manufacturing PMI expected +0.4 to 57
10:00 December factory orders expected +0.7%
Notable Earnings Before Open
Apollo Global Management (NYSE:APO) – EPS Est. $0.77
Clorox Company (NYSE:CLX) – EPS Est. $1.22
Hershey Company (NYSE:HSY) – EPS Est. $1.08
Tuesday Morning Corp (NASDAQ:TUES) – EPS Est. $0.37
Notable Earnings After Close
NONE
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.