Joined Dec 4, 2012
319 Blog Posts

Daily P/Laybook Futures Up Slightly But Fading

In After Hours Trading

Earnings reported after the close GII (+.01) GPN (-.02) CALL (+.40) OXM (-.05) TISI (-.02). 

Secondaries announced after the close ARCC GIFI SEP. Secondaries due this morning IRET NAT PRE. Courtesy of www.ipofinancialreport.com.

What’s Happening This Morning

US futures: (S&P +1, Dow Jones +2, NDX +1.50 with fair value lower, which will improve the opening fractionally) Asia lower ex Japan and Europe lower. Copper and gold lower with WTI Crude and Brent Oil Futures lower. $ is higher vs Euro, flat vs. Pound and flat vs. Yen. US 10 year Treasury Yield +0.0004. Prices as of 7:45 a.m. EST.

Earnings Expected

Reports due after the close DDC RH SHLM MG SVM MIND. Due tomorrow morning RPM ISCA SCHN MHR GBX SMRT KID.

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

CAG (-.01) CONN (-.01) JOSB (+.03) OMN (-.07).

Data Points

Yesterday saw 1436 stocks rise and 1538 fall on the NYSE. NASDAQ saw 1001 rise and 1340 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 positive. We moved to cash on the Madison Market Timing Indicator on February 22nd which can be found on www.superstockinvestor.com.



ADP March Employment Report is released at 8:15 a.m. EDT. The Bank of England (BOE) and Bank of Japan (BOJ) hold monetary policy meetings. A rate decision from the BOJ will be due overnight.


The House and Senate are on break this week.


Federal Reserve President John Williams and Federal Reserve St. Louis Bullard speak on monetary policy and the state of the economy.

Conference & Analyst Meetings

Analyst meetings CRM PLAB CJES. New York International Auto Shows runs through Sunday. Geosynthetics Conference is held in Long Beach, California. Cloud Connect. Morgan Stanley Retail & Restaurant Conference & Field Trip.

Conference of Note

New York International Auto Shows runs through Sunday.

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs XEL  
Morgan Stanley   ADT
Deutsche Bank    
Citigroup   CRL
Merrill Lynch AMG LM CNS EV
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