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.
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).
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
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