Joined Dec 4, 2012
319 Blog Posts

Daily P/Laybook

In After Hours Trading

CWTR (+.14) HOTT(+.02) MW (-.01) SIGM (-.29) VRA (+.05)

What’s Happening This Morning

US futures: (S&P +3.50, Dow Jones +19, NDX +8.50 with fair value a bit lower so slightly helpful to the open) Asia and Europe higher. Copper higher and gold lower with WTI Crude lower and Brent Oil Futures higher. $ is higher vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury Yield +0.0315. Prices as of 7:55 a.m. EST.

Earnings Expected

Due after the close DOLE IRET IPAR GCA KTOS PPHM GERN and due tomorrow morning before the open KRO EXPR AH AMRC ES TA PERI.

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

ARQL (+.03) BKE (+.03) KIRK (+.11) SOL (-.18).

Data Points

Yesterday saw 1702 stocks rise and 1284 fall on the NYSE. NASDAQ saw 1380 rise and 1045 fall. The S&P 500 is above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is now positive so our buy has not been concluded yet. We moved to cash on the Madison Market Timing Indicator which can be found on www.superstockinvestor.com.



February PPI is announced at 8:30 a.m. EDT and is expected to rise to 0.7% against 0.2%. Also at the same time Weekly Jobless Claims are due out.


President Obama continues meetings on Capitol Hill.

Conference & Analyst Meetings

Analyst meetings ONXX ANSS ESIO. UBS Global Consumer Conference.

Conference of Note

South By Southwest Tech Conference in Austin, Texas.

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs    
Morgan Stanley    
Deutsche Bank    
Merrill Lynch    
Wachovia/Wells Fargo    
Credit Suisse    
Banc of America    
Needham SIGM  
Jefferies BPFH  
Keefe Bruyette   ETFC
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