Economic Calendar And Watch List 4/18/2017
Warrior Trading | Apr 19, 2017 12:55AM ET
Economic Calendar and Watch List
Morning Notes
US Futures are pointing to a slightly lower open while European stocks also trade lower on weakness in energy producing stocks. The price of crude is trading lower by -.80% after data showed oil rigs at highest level in 1.5 years. Asian stocks closed mostly lower.
Technicals
The SPY (NYSE:SPY) edged back higher throughout yesterday’s session coming off the Easter holiday, closing out the day on the highs. Support will at the low of yesterday’s range at $232.88, followed by $232.51, $231.61, $230.62, and the 100SMA at $230.16. Resistance will lie at the high of yesterday’s range at $234.57, followed by the 20EMA at $234.98 and 50SMA at $235.15. Then, $234.96, $235.18, and then the recent pivot point at $236.30. Short term descending resistance falls at $237, followed by the remaining levels of resistance at $237.39, $237.97, $238.10, $239.20, $239.44, $239.57, and 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**
GS (NYSE:GS)
NFLX (NASDAQ:NFLX)
Economic Calendar
8:30 March housing starts expected -3.0% to 1.250M
9:00 Kansas City Fed President Esther George speaks
9:15 Mar industrial production expected +0.4%
Notable Earnings Before Open
Bank of America (NYSE:BAC) – EPS Est. $0.35
Charles Schwab (NYSE:SCHW) – EPS Est. $0.37
GNC Holdings Inc (NYSE:GNC) – EPS Est. $0.34
Goldman Sachs – EPS Est. $5.31
Grainger Inc (NYSE:GWW) – EPS Est. $2.99
Harley-Davidson Inc (NYSE:HOG) – EPS Est. $1.02
Johnson & Johnson (NYSE:JNJ) – EPS Est. $1.77
UnitedHealth Group (NYSE:UNH) – EPS Est. $2.17
Notable Earnings After Close
IBM (NYSE:IBM) – EPS Est. $2.35
Interactive Brokers (NASDAQ:IBKR) – EPS Est. $0.37
Intuitive Surgical (NASDAQ:ISRG) – EPS Est. $4.95
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