Stock market is expected to lower based on the chart. Because Fed is printing big on Thursday, tomorrow could be red close. The most important level to watch is 15423. Above this level, market is bullish while below its bearish level with next support at 15274.
I'll be watching MYGN, TMHC, UVXY, RSOL, SSYS short.
Notable earnings before Wednesday’s open:
DE, ELOS, HCLP, JKS, M, OSIS, PF, TW
Notable earnings after Wednesday’s close:
A, CACI, CSCO, HIMX, NTAP, NTES, RENN, SLW
Economic Calendar:
Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
---|---|---|---|---|---|---|---|---|---|---|
8:15 | USD | Fed's Bullard speaks on U.S economy in Louisville | low | |||||||
8:30 | USD | CPI (ex Food & Energy) | med | 0.2 | 0.2 | |||||
8:30 | USD | CPI | high | 0.2 | 0.5 | |||||
8:30 | USD | Initial Claims | med | 335 | 333 | |||||
8:30 | USD | Empire State Survey | med | 10 | 9.46 | |||||
9:00 | USD | Net Long-term TICS Flows | low | -17.5 | -27.2 | |||||
9:15 | USD | Capacity utilisation | med | 77.9 | 77.8 | |||||
9:15 | USD | Industrial production | med | 0.2 | 0.3 | |||||
10:00 | USD | Philadelphia Fed Survey | high | 15 | 19.8 | |||||
10:00 | USD | NAHB Builders survey | med | 57 | 57 |