Daily P/Laybook Futures Up Slightly

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In After Hours Trading

ACC (+.05) BWLD (+.05) CMCSA(+.03) RAX (-.01) (+.04) SGEN (+.01) WU (+.07) WSH (+.02).

What’s Happening This Morning

US futures: (S&P +3.25, Dow Jones +22, NDX +8.50 with fair value lower) Japan lower and China closed through Thursday other Asian countires higher, Europe higher ex FTSE. Copper higher and gold lower with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0344. Prices as of 7:45 a.m. EST.

Earnings Expected

Due after the close CSCO MDLZ MET EOG CTL WFM LBTYA AMAT PXD NTAP EQIX and tomorrow morning ABB GM APA ABX DTV DISCA CVE PPL ALXN REGN ECA DVA.

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

AVEO(+.16) BLKB (+.03) DE (+.25) HSIC (+.06) H (+.09) LO (+.03) WFR (+.08) SON (+.02)

Data Points

Yesterday saw 1931 stocks rise and 1048 fall on the NYSE. NASDAQ saw 1513 rise and 948 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.

 

Markets are closed in China through Thursday.

Economics

January Retail Sales are due out at 8:30 a.m. EST and are expected to come in at 0.1% against 0.5%. Crude Inventories are due out at 10:30 a.m. EST.

Politico

Rhetoric over the March Sequester will now pick up speed post the State Of The Union Address. Federal Reserve St. Louis President Bullard speaks at 11:00 a.m. EST.

Conference & Analyst Meetings

Analyst meetings JDSU WAG CBR YUM. Credit Suisse Financial Conference, Goldman Sachs Technology & Internet Conference, Stifel Nicolaus Transportation & Logistics Conference, Pacific Crest Emerging Technology Summit,Bank of America Insurance Conference, Leerink Swan Global Healthcare Conference and the Molecular Medicine Tri-Conference 2013.

Conference of Note

YUM to hold a major announcement at 11:00 a.m. EST.

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup
Merrill Lynch MOH
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Barclays
Jefferies UTIW
Raymond James CLWR
KeyBanc
Cantor Fitzgerald
Credit Agricole
Dahlman Rose
Keefe Bruyette
Friedman Billings FOSL
Comments are closed.
Previous Posts by ggarbacz

Daily P/Laybook Futures Up Slightly

104 views

In After Hours Trading

ACC (+.05) BWLD (+.05) CMCSA(+.03) RAX (-.01) (+.04) SGEN (+.01) WU (+.07) WSH (+.02).

What’s Happening This Morning

US futures: (S&P +3.25, Dow Jones +22, NDX +8.50 with fair value lower) Japan lower and China closed through Thursday other Asian countires higher, Europe higher ex FTSE. Copper higher and gold lower with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0344. Prices as of 7:45 a.m. EST.

Earnings Expected

Due after the close CSCO MDLZ MET EOG CTL WFM LBTYA AMAT PXD NTAP EQIX and tomorrow morning ABB GM APA ABX DTV DISCA CVE PPL ALXN REGN ECA DVA.

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

AVEO(+.16) BLKB (+.03) DE (+.25) HSIC (+.06) H (+.09) LO (+.03) WFR (+.08) SON (+.02)

Data Points

Yesterday saw 1931 stocks rise and 1048 fall on the NYSE. NASDAQ saw 1513 rise and 948 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.

 

Markets are closed in China through Thursday.

Economics

January Retail Sales are due out at 8:30 a.m. EST and are expected to come in at 0.1% against 0.5%. Crude Inventories are due out at 10:30 a.m. EST.

Politico

Rhetoric over the March Sequester will now pick up speed post the State Of The Union Address. Federal Reserve St. Louis President Bullard speaks at 11:00 a.m. EST.

Conference & Analyst Meetings

Analyst meetings JDSU WAG CBR YUM. Credit Suisse Financial Conference, Goldman Sachs Technology & Internet Conference, Stifel Nicolaus Transportation & Logistics Conference, Pacific Crest Emerging Technology Summit,Bank of America Insurance Conference, Leerink Swan Global Healthcare Conference and the Molecular Medicine Tri-Conference 2013.

Conference of Note

YUM to hold a major announcement at 11:00 a.m. EST.

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup
Merrill Lynch MOH
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Barclays
Jefferies UTIW
Raymond James CLWR
KeyBanc
Cantor Fitzgerald
Credit Agricole
Dahlman Rose
Keefe Bruyette
Friedman Billings FOSL
Comments are closed.