Economic Calendar And Watch List 6/14/2017
Warrior Trading | Jun 15, 2017 01:55AM ET
Economic Calendar & Watch List
Morning Notes
US Futures are tracking slightly higher while European stocks also trade higher by over +0.8% as the rebound in tech stocks continue. Global economic optimism jumps after the IMF boosted its GDP forecast for China in 2017. The price of crude oil slipped -1% after API data showed a build in yesterday’s report. Asian stocks closed mostly lower.
Technicals
The SPY (NYSE:SPY) edged higher throughout yesterday’s session approaching recent record highs. Support will lie at the low of yesterday’s range at $243.58, followed by $243.42, $242.38, and $241.95 which coincides with the 20 EMA. Support continues at $241.64, the near term support pivot at $240.65, then $239.93, $239.51, $238.82, and the 50 SMA at $238.78. Resistance will lie at the high of yesterday’s range at $244.61, followed by the record highs at $245.01.
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**
Alexion Pharmaceuticals Inc (NASDAQ:ALXN)
H&R Block Inc (NYSE:HRB)
Economic Calendar
8:30 May CPI expected unchanged
8:30 May retail sales expected +0.1%
10:00 April business inventories expected -0.1%
10:30 EIA Weekly Petroleum Status Report
2:00 FOMC announces interest rate decision, .25% hike expected
Notable Earnings Before Open
NONE
Notable Earnings After Close
Jabil Circuit (NYSE:JBL) – EPS Est. 0.22
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.