Daily P/Laybook

February 4, 2013

In After Hours Trading

Baltimore Ravens win the Superbowl agains the San Francisco 49ers. Joe Flaco named MVP.

What’s Happening This Morning

US futures: (S&P -4.10, DJI -38, NDX -6.75 with fair value higher) Asia higher ex Hong Kong and Europe lower. Copper and gold lower with WTI Crude and Brent Oil Futures lower. $ is higher vs Euro, lower vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.010. Prices as of 8:00 a.m. EST.

Earnings Expected

Due after the close today GILD APC BIDU YUM GGP LIFE HIG EW HOLX TMK and due tomorrow morning TM BP UBS EMR AGN ADP EL K ARMH ETN ADM.

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

BHE (+.03) CYOU (+.09) HMST (+.24) HUM (+.122) MWIV (+.13) GOLD (-.24) SPG (+.12) SOHU (+.04) TDG (-.03)

Data Points

Yesterday saw 2317 stocks rise and 684 fall on the NYSE. NASDAQ saw 1799 rise and 686 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 positive. We are back to invested on the Madison Market Timing Indicator.

 

Economics

December Factory Orders are due at 10:00 a.m. EST and are expected to come in at 2.3% versus 0%.

Politico

The Congressional Budget Office releases its latest review at 8:00 a.m. EST.

Conference & Analyst Meetings

Analyst meetings PLCM. Grocery Manufacturers Food Marketing Institute Supply Chain Conference.

Conference of Note

International Symposium on Recent Advances In Drug Delivery Systems

M & A News

Dell (DELL) in final negotiations to go private.

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley MRK
Deutsche Bank
Citigroup COLM
Merrill Lynch OAK TKR
Wachovia/Wells Fargo
Credit Suisse LNEGY
Banc of America
UBS
Lazard
Barclays
Jefferies
Raymond James
KeyBanc
Janney Montgomery
Credit Agricole
Dahlman Rose NSC
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham UCTT PKT
Comments are closed.

Daily P/Laybook

February 4, 2013

In After Hours Trading

Baltimore Ravens win the Superbowl agains the San Francisco 49ers. Joe Flaco named MVP.

What’s Happening This Morning

US futures: (S&P -4.10, DJI -38, NDX -6.75 with fair value higher) Asia higher ex Hong Kong and Europe lower. Copper and gold lower with WTI Crude and Brent Oil Futures lower. $ is higher vs Euro, lower vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.010. Prices as of 8:00 a.m. EST.

Earnings Expected

Due after the close today GILD APC BIDU YUM GGP LIFE HIG EW HOLX TMK and due tomorrow morning TM BP UBS EMR AGN ADP EL K ARMH ETN ADM.

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

BHE (+.03) CYOU (+.09) HMST (+.24) HUM (+.122) MWIV (+.13) GOLD (-.24) SPG (+.12) SOHU (+.04) TDG (-.03)

Data Points

Yesterday saw 2317 stocks rise and 684 fall on the NYSE. NASDAQ saw 1799 rise and 686 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 positive. We are back to invested on the Madison Market Timing Indicator.

 

Economics

December Factory Orders are due at 10:00 a.m. EST and are expected to come in at 2.3% versus 0%.

Politico

The Congressional Budget Office releases its latest review at 8:00 a.m. EST.

Conference & Analyst Meetings

Analyst meetings PLCM. Grocery Manufacturers Food Marketing Institute Supply Chain Conference.

Conference of Note

International Symposium on Recent Advances In Drug Delivery Systems

M & A News

Dell (DELL) in final negotiations to go private.

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley MRK
Deutsche Bank
Citigroup COLM
Merrill Lynch OAK TKR
Wachovia/Wells Fargo
Credit Suisse LNEGY
Banc of America
UBS
Lazard
Barclays
Jefferies
Raymond James
KeyBanc
Janney Montgomery
Credit Agricole
Dahlman Rose NSC
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham UCTT PKT
Comments are closed.