Economic Calendar & Watch List
Morning Notes
US Futures are drifting slightly lower this morning while European stocks also trade in the negative as the price of crude falls -0.80%, approaching 4 month lows which is weighing on energy producing stocks. Asian stocks closed mostly higher.
Technicals
The SPY (NYSE:SPY) pivoted back higher throughout Friday’s session and closed slightly off the intraday highs. Support will lie at the low of Friday’s range at $236.59, followed by$235.74, $235.41, $235.09, $233.95, and $233.85. Resistance will lie at the high of Friday’s range at $238.02, followed by $238.12, $238.61, $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**
NONE
Economic Calendar
9:00 Labor Market Conditions Index
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE