Economic Calendar & Watch List
Morning Notes
US Futures are trading lower again this morning while European stocks trade lower by -.40% on French election woes which sparked moderate selling. Asian stocks closed predominantly lower.
Technicals
The SPY (NYSE:SPY) tested Wednesday’s highs throughout yesterday’s session and closed slightly lower. Support will lie at the low of yesterday’s range at $233.85, followed by $233.39, $232.16, $231.77, $230.62, and $229.56. Resistance will lie only at the high of yesterday’s range at $235.16.
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**
Arista Networks (NYSE:ANET)
Truecar Inc (NASDAQ:TRUE)Economic Calendar
10:00 January leading indicators expected +0.5%
Notable Earnings Before Open
Campbell Soup Company (NYSE:CPB) – EPS Est. $0.88
Cooper Tire & Rubber Company (NYSE:CTB) – EPS Est. $0.94
Deere & Company (NYSE:DE) – EPS Est. $0.54
Fannie Mae (OTC:FNMA) – EPS Est. $0.45
JM Smucker Company (NYSE:SJM) – EPS Est. $2.00
Notable Earnings After Close
NONE