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Wednesday, January 27, 2010

Wednesday's economic calendar: HotTopic

Today the Futures are point up to a modest opening, as traders take a wait and see approach to the following news events. Overseas markets where pretty modest with there losses or gains as will, waiting to see what we will do, as these events unfold.

10:00 New Home Sales
10:00 Hearing: AIG Counterparty Payments
2:15 PM FOMC Announcement
9:00 PM Obama: State of the Union Comment!


SPY Sup 109.05 and Res 110.50
UUP Sup 23.05 and Res 23.18