Daily P/Laybook Futures Higher

In After Hours Trading

IPOs due ADMA Biologics and DoubleLine Income Solutions Fund. Secondary offerings none of note MICT. Courtesy of www.ipofinancialreport.com.

What’s Happening This Morning

US futures: (S&P +6.25, Dow Jones +45, NDX +14 with fair values higher which will cut into the open) Asia higher ex Shanghai and Europe higher. Copper lower and gold higher with WTI Crude and Brent Oil Futures higher. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury Yield +0.0179. Prices as of 7:55 a.m. EST.

Earnings Expected

Earnings due after the close CNI TXN ACE AMP NFLX ILMN STM NXPI ZION PKG IEX ALSN HMA RCII SWFT USTR VECO SANM XOOM PLXT among others. Due tomorrow morning of note DD TRV LMT ITW RAI JCI DFS ARMH APD PCAR IR COH ECA DAL RF XRX FRX WAT PII MOLX GCI.

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

BOH (-.07) BEAV (+.07) CAT (-.07) HAL (+.10) PHG (-.09).

Data Points

Yesterday saw 2178 stocks rise and 812 fall on the NYSE. NASDAQ saw 1624 risee and 700 fall. The S&P 500 is above its 50 day moving average and above the 200 day moving average. The Russell 2000 remains below its 50 day moving average. The 10 day spread moving average of breadth is now negative but above -200. We moved to cash on the Madison Market Timing Indicator on February 22nd which can be found on www.superstockinvestor.com.

 

Economics

Releases of note this week include weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims along with existing home sales, new home sales, durable goods and Q1 GDP as well as Michigan Sentiment.

 

March Existing Home Sales are released at 10:00 a.m. EDT and are expected to be revised upward to 5.01 million from 4.98 million.

TONIGHT AFTER THE CLOSE CHINA MONTLY PMI DATA. THIS COULD BE A MARKET MOVER FRO TUESDAY.

Politico

Federal Reserve New York President Dudley speaks before the open.

Conference & Analyst Meetings

Analyst meetings CYS. International Society For Cell Therapy Conference.

Conference of Note

M & A News

ABB to buy PWER for $6.35 a share which is tiny premium.

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs    
Morgan Stanley    
Deutsche Bank    
Citigroup    
Merrill Lynch CNDO  
Wachovia/Wells Fargo    
Credit Suisse    
Banc of America    
UBS    
Raymond James    
Societe Generale   ERIC

One Response to “Daily P/Laybook Futures Higher”

  1. Randy Lahey, PhD

    Indeud.

Comments are closed.
Previous Posts by ggarbacz

Daily P/Laybook Futures Higher

In After Hours Trading

IPOs due ADMA Biologics and DoubleLine Income Solutions Fund. Secondary offerings none of note MICT. Courtesy of www.ipofinancialreport.com.

What’s Happening This Morning

US futures: (S&P +6.25, Dow Jones +45, NDX +14 with fair values higher which will cut into the open) Asia higher ex Shanghai and Europe higher. Copper lower and gold higher with WTI Crude and Brent Oil Futures higher. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury Yield +0.0179. Prices as of 7:55 a.m. EST.

Earnings Expected

Earnings due after the close CNI TXN ACE AMP NFLX ILMN STM NXPI ZION PKG IEX ALSN HMA RCII SWFT USTR VECO SANM XOOM PLXT among others. Due tomorrow morning of note DD TRV LMT ITW RAI JCI DFS ARMH APD PCAR IR COH ECA DAL RF XRX FRX WAT PII MOLX GCI.

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

BOH (-.07) BEAV (+.07) CAT (-.07) HAL (+.10) PHG (-.09).

Data Points

Yesterday saw 2178 stocks rise and 812 fall on the NYSE. NASDAQ saw 1624 risee and 700 fall. The S&P 500 is above its 50 day moving average and above the 200 day moving average. The Russell 2000 remains below its 50 day moving average. The 10 day spread moving average of breadth is now negative but above -200. We moved to cash on the Madison Market Timing Indicator on February 22nd which can be found on www.superstockinvestor.com.

 

Economics

Releases of note this week include weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims along with existing home sales, new home sales, durable goods and Q1 GDP as well as Michigan Sentiment.

 

March Existing Home Sales are released at 10:00 a.m. EDT and are expected to be revised upward to 5.01 million from 4.98 million.

TONIGHT AFTER THE CLOSE CHINA MONTLY PMI DATA. THIS COULD BE A MARKET MOVER FRO TUESDAY.

Politico

Federal Reserve New York President Dudley speaks before the open.

Conference & Analyst Meetings

Analyst meetings CYS. International Society For Cell Therapy Conference.

Conference of Note

M & A News

ABB to buy PWER for $6.35 a share which is tiny premium.

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs    
Morgan Stanley    
Deutsche Bank    
Citigroup    
Merrill Lynch CNDO  
Wachovia/Wells Fargo    
Credit Suisse    
Banc of America    
UBS    
Raymond James    
Societe Generale   ERIC

One Response to “Daily P/Laybook Futures Higher”

  1. Randy Lahey, PhD

    Indeud.

Comments are closed.