Daily Playbook & Earnings Due For Next Week

December 14, 2012

In After Hours Trading

ADBE (+.05), CIS (0.10), NDSN (+.01), ZQK (-.02), PAY (0.00).

What’s Happening This Morning

US futures: (S&P +2.20, DJI +27, NDX -2.0 with fair value flat) Asia higher ex Japan and Europe mixed. Copper and gold higher with WTI Crude Futures lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0001. Prices as of 7:55 a.m. EST.

Earnings Expected

Notable names next week SHFL FDS JEF SAM AIR ORCL FDX GIS NAV KMX CCL CAG DFS DRI KBH CTAS FCEL MU NKE RHT RIMM TIBX WAG.

Rags & Mags: Inside Wall Street

We are big fans of www.247wallst.com summary of the newspapers each day. Going forward we will link to their website so you can read their summary, Media Digest

Reported Earnings This Morning

No earnings due this morning or after the close.

Data Points

Yesterday saw 910 stocks rise and 2113 fall on the NYSE. NASDAQ saw 926 rise and 1543 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is negative but we remain with the buy signal but a turn may be forthcoming. We are back to invested on the Madison Market TimingIndicator.

 

Economics

November CPI is due out at 8:30 a.m. EST and is expected to drop to -0.2% from 0.1%. Meanwhile, at 9:15 a.m. EST November Industrial Production is expected to improve to 0.2% from -0.4%.

Politico

The hrose trading over the fiscal cliff continues between House Speaker Boehner and President Obama.

Conference & Analyst Meetings

Analyst Meetings CNC LUV ITW SMG ASTX AVGO. FB lockup expires on 156 millions shares.

Conference of Note

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs MRO TIVO
Morgan Stanley
Deutsche Bank
Citigroup HST LFRGY TDW GLF HOS
Barclays
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Merrill Lynch ZUMZ
Jefferies ESV SNY
Oppenheimer
RBC
Bernstein
Stifel Nicolaus
Societe Generale AZN
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham
Nomura DVA SPW
Comments are closed.

Daily Playbook & Earnings Due For Next Week

December 14, 2012

In After Hours Trading

ADBE (+.05), CIS (0.10), NDSN (+.01), ZQK (-.02), PAY (0.00).

What’s Happening This Morning

US futures: (S&P +2.20, DJI +27, NDX -2.0 with fair value flat) Asia higher ex Japan and Europe mixed. Copper and gold higher with WTI Crude Futures lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0001. Prices as of 7:55 a.m. EST.

Earnings Expected

Notable names next week SHFL FDS JEF SAM AIR ORCL FDX GIS NAV KMX CCL CAG DFS DRI KBH CTAS FCEL MU NKE RHT RIMM TIBX WAG.

Rags & Mags: Inside Wall Street

We are big fans of www.247wallst.com summary of the newspapers each day. Going forward we will link to their website so you can read their summary, Media Digest

Reported Earnings This Morning

No earnings due this morning or after the close.

Data Points

Yesterday saw 910 stocks rise and 2113 fall on the NYSE. NASDAQ saw 926 rise and 1543 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is negative but we remain with the buy signal but a turn may be forthcoming. We are back to invested on the Madison Market TimingIndicator.

 

Economics

November CPI is due out at 8:30 a.m. EST and is expected to drop to -0.2% from 0.1%. Meanwhile, at 9:15 a.m. EST November Industrial Production is expected to improve to 0.2% from -0.4%.

Politico

The hrose trading over the fiscal cliff continues between House Speaker Boehner and President Obama.

Conference & Analyst Meetings

Analyst Meetings CNC LUV ITW SMG ASTX AVGO. FB lockup expires on 156 millions shares.

Conference of Note

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs MRO TIVO
Morgan Stanley
Deutsche Bank
Citigroup HST LFRGY TDW GLF HOS
Barclays
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Merrill Lynch ZUMZ
Jefferies ESV SNY
Oppenheimer
RBC
Bernstein
Stifel Nicolaus
Societe Generale AZN
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham
Nomura DVA SPW
Comments are closed.