Economic Calendar And Watch List 7/26/2017
Warrior Trading | Jul 26, 2017 09:14AM ET
Morning Notes
US Futures are tracking slightly higher this morning on carryover from a European rally. Stocks are higher on upbeat Q2 earnings data as well as continued global optimism. The price of Crude is trading higher by +.70%. Markets will await the FOMC rate decision at 2EST. Asian stocks settled predominantly higher.
Technicals
The SPY (NYSE:SPY) posted another record high close to end yesterday’s session after recent consolidation at higher price levels. Support will lie at the low of yesterday’s range at $247.16, followed by $246.98, former ascending resistance at $246.80, then $246.28, $246.18, gap entry at $246.01, gap fill at $245.72, then the 20 EMA at $244.77, continued with $244.67, $244.31 and $243.76. Further support lies at the gap entry at $243.30, the 50 SMA at $242.68, then gap fill at $242.55. Resistance will lie at the high of yesterday’s record high at $247.80.
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**
Akamai (NASDAQ:AKAM)
iRobot (NASDAQ:IRBT)
X (NYSE:X)
Economic Calendar
10:00 June new home sales expected +0.8% to 615K
10:30 EIA Weekly Petroleum Status Report
2:00 FOMC announces interest rate decision
2:00 Fed Funds Rate change
Notable Earnings Before Open
ALASKA AIR (ALK) – EPS Est. 2.50
ANGIES LIST (ANGI) – EPS Est. -0.06
|ANTHEM (ANTM) – EPS Est. 3.25
BAXTER (BAX) – EPS Est. 0.57
BLOOMIN BRANDS (BLMN) – EPS Est. 0.28
BOEING (BA) – EPS Est. 2.32
COCA COLA (KO) – EPS Est. 0.57
CORNING (GLW) – EPS Est. 0.40
D R HORTON (DHI) – EPS Est. 0.75
FORD MOTOR (F) – EPS Est. 0.44
GENERAL DYNAMICS (GD) – EPS Est. 2.43
HERSHEY (HSY) – EPS Est. 0.91
HESS (HES) – EPS Est. -1.32
NASDAQ (NDAQ) – EPS Est. 0.96
NORFOLK SOUTHERN (NSC) – EPS Est. 1.64
NORTHROP GRUMMIN (NOC) – EPS Est. 2.84
OWENS CORNING (OC) – EPS Est. 1.06
Notable Earnings After Close
BUFFALO WILD WINGS (BWLD) – EPS Est. 1.01
FACEBOOK (FB) – EPS Est. 1.13
GILEAD (GILD) – EPS Est. 2.11
LAM RESEARCH (LRCX) – EPS Est. 3.02
LAS VEGAS SANDS (LVS) – EPS Est. 0.61
O REILLY (ORLY) – EPS Est. 2.90
PAYPAL (PYPL) – EPS Est. 0.32
SERVICENOW (NOW) – EPS Est. -0.18
TRACTOR SUPPLY (TSCO) – EPS Est. 1.27
VERTEX (VRTX) – EPS Est. 0.06
WHIRLPOOL (WHR) – EPS Est. 3.56
WHITING (WLL) – EPS Est. -0.18
WHOLE FOODS (WFM) – EPS Est. 0.34
XILINX (XLNX) – EPS Est. 0.60
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.