Banks Earnings



Outlook 10/15: U.S. stock futures appear set for gains at the open, but a handful of key bank earnings could change, or boost, that outlook between now and the opening bell. The major averages are coming off modest Monday losses that were their first in four sessions, although the SP500 are still just about 2% below their July all-time highs.

/ESZ19 Value: YVAH 2972 YPOC 2968 YVAL 2964 GAP 2966

/ES Plan: Last session market closed balanced but overnight looks more bullish, moving above yesterday's value, so:

A) If market remains above LIS HVE 2972 with bullish internals, buy towards HVE 2980 ONH 2982.50 and HVE 2989.

B) If market moves below LIS HVE 2972 with bearish internals, sell towards GAP-ONL 2966 LVN 2963 and HVE 2955.

Note: High-profile earnings reports from financial companies will flood the tape ahead of the open, including BlackRock (BLK), Charles Schwab (SCHW), Citigroup (C), Goldman Sachs (GS), J.P. Morgan Chase (JPM) and Wells Fargo (WFC), report this morning.

Today's Economic Calendar

12:45 PM Fed's George Speech
03:30 PM Fed's Daly Speech

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