Joined Dec 4, 2012
319 Blog Posts

Daily P/Laybook Futures Up Slightly

In After Hours Trading

AMGN (+.12) AAPL (+.09) BRCM (+.09) BCR (+.02) DV (+.07)AWAY (+.02) JNPR (-.01) NSC (+.05)PNRA (-.01)vmw (+.04) YUM (+.10)

 IPOs due this week ADMA Biologics and DoubleLine Income Solutions Fund. Secondary offerings none of note this morning MICT LOV CG. Filings after the close CG LOV SPNC GOOD. Courtesy of www.ipofinancialreport.com.

What’s Happening This Morning

US futures: (S&P +2, Dow Jones +28, NDX +1 with fair values higher which will cut into the open) Asia higher and Europe higher. Copper and gold higher with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury Yield +0.0042. Prices as of 7:55 a.m. EST.

Earnings Expected

Earnings due after the close among others QCOM SYK AFL CCI COG WDC CTXS ORLY EQIX XLNX SRCL TSCO VAR. Due tomorrow morning of note UPS MMM MO COP BMY OXY AZN CL CELG BIIB DOW D POT TWC among others.

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

BA (+.26) GLW (+.06) F (+.04) LO (+.02) PG (+.03) ROK (+.04) TUP (+.05) WHR (+.01)

Data Points

Yesterday saw 2421 stocks rise and 606 fall on the NYSE. NASDAQ saw 1896 risee and 561 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.



March Durable Goods are released at 8:30 a.m. EDT and are expected to drop to -2.0% from 5.6%.


Conference & Analyst Meetings

Analyst meetings none of note. Bank of America Merrill Lynch 2013 Global Foreign Exchange Workshop.

Conference of Note

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs    
Morgan Stanley    
Deutsche Bank    
Citigroup BAK  
Merrill Lynch    
Wachovia/Wells Fargo    
Credit Suisse    
Banc of America    
Raymond James    
Societe Generale HAL ASBFY
Jefferies CNSL LMOS  
KeyBanc Capital    
Sun Trust Robinson Humphrey    
Raymond James    
Credit Agricole    
Dahlman Rose    
Keefe Bruyette    
Friedman Billings    
Robert W. Baird    
Sun Trust RH NTDR CRZO  
If you enjoy the content at iBankCoin, please follow us on Twitter