Daily P/Laybook Futures Higher

In After Hours Trading

Argo won Best Picture at the Oscars lst night.www

What’s Happening This Morning

US futures: (S&P +7.75, Dow Jones +59, NDX +21 with fair value slightly lower) Asia and Europe higher. Copper and gold higher with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0104. Prices as of 7:35 a.m. EST.

Earnings Expected

Due after the close HCN OKS OKE ADSK MR MELI OAS URS CHMT SF TUMI CZR VVUS VECO and HD BMO AMT ECL SRE M AZO HFC CE EXPD THC USM TDS RBA SHOO VSI SKS BZ tomorrow before the open

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

DCI (-.04) HTZ (+.021) LOW (+.03).

Data Points

Yesterday saw 2244 stocks rise and 735 fall on the NYSE. NASDAQ saw 1658 rise and 703 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We just moved to cash on the Madison Market Timing Indicator last week which can be found on www.superstockinvestor.com.

 

Economics

Quiet day with nothing on deck.

 

Releases of note this week include weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims along with consumer confidence, new home sales, durable goods, Q4 GDP, personal income, construction spending and ISM manufacturing.

Federal Reserve Atlanta President Lockhart speaks at 7:00 p.m. EST.

Politico

President Obama addresses the nation’s governors.

Conference & Analyst Meetings

Analyst meetings DRI. Morgan Stanley Tech, Media & Telecom Conference, JP Morgan Global High Yield & Leverage Finance Conference and Citi Global Healthcare Conference.

Conference of Note

The Mobile World Congress runs through Thursday in Barcelona.

M & A News

Royalty Pharma makes $11 bid for ELN.

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup
Merrill Lynch		ABAX
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Piper Jaffray		ENDP
Jefferies
Raymond James	WBMD
Sun Trust Robinson Humphrey		STZ

Comments »

In After Hours Trading

AGU (+.31) ARUN (+.03) BBG (+.05) BLMN (+.01) HPQ (+.11) HNZ (+.09) MRVL (+.06) MHK (+.07) JWN (+.06) ONXX (+.40). Lower guidance from CEC OFIX .

 

Secondary Offerings this morning ACHN. Secondaries filed yesterday ACHN IMMU. No IPOS today. (Courtesy of IPO Financial Network)

What’s Happening This Morning

US futures: (S&P +7.25, Dow Jones +57, NDX +11.25 with fair value lower) Asia mixed and Europe higher. Copper and gold lower with WTI Crude and Brent Oil Futures higher. $ is higher vs Euro, lower vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0112. Prices as of 7:35 a.m. EST.

Earnings Expected

None of note due after the close. It’s Miller Time have a good weekend!

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

ANF (+.06) B (+.03) CYBX (+.08) FRO (+.26) GDI (+.15) IPG (+.03) POR (-.03).

Data Points

Yesterday saw 889 stocks rise and 2104 fall on the NYSE. NASDAQ saw 761 rise and 1720 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We just moved to cash on the Madison Market Timing Indicator which can be found on www.superstockinvestor.com.

 

Economics

Quiet day with nothing on deck.

Politico

Federal Reserve Governor Powell and Tarullo speak along with Federal Reserve Boston President Rosengren about the fiscal crisis and monetary policy. This morning CNBC host is Federal Reserve St. Louis President James Bullard (markets love this guy watch his comments).

 

Elections begin in Italy

Conference & Analyst Meetings

Analyst meetings RHT INWK. Consumer Analyst Group of NY Conference, Bank of America Merrill Lynch India Investor Conference and Morningstar Ibbotson Conference.

Conference of Note

Russia & CIS Executive Summitt Downstream Oil & Gas.

M & A News

KKR to bid $75 a share for GDI.

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs	ISG	BCR
Morgan Stanley
Deutsche Bank
Citigroup	TSS
Merrill Lynch
Wachovia/Wells Fargo
Credit Suisse		WEN
Banc of America
UBS
Lazard	RFMD
Barclays
Jefferies	STT OFG
Raymond James
ABN Amro
Cantor Fitzgerald
Credit Agricole
Dahlman Rose	FTI

Comments »

In After Hours Trading

SAM (-.03) CAKE (-.01) FLR (+.60) FST (+.04) STR (+.01) SNPS (+.12) WMB (-.01) AUY (+.01). Lower guidance from LOCK RBCN WMB.

 

Secondary Offerings this morning KORS. Secondaries filed yesterday TRW GNRC KMP TAL. No IPOS today. (Courtesy of IPO Financial Network)

What’s Happening This Morning

US futures: (S&P -3.50, Dow Jones -32, NDX -10.20 with fair value higher) Asia and Europe lower. Copper and gold lower with WTI Crude and Brent Oil Futures lower. $ is higher vs Euro, lower vs. Pound and lower vs. Yen. US ten-year Treasury Yield -.0225. Prices as of 7:35 a.m. EST.

Earnings Expected

Due after the close AIG HPQ PSA TS NEM INTU MGA SWN COG JWN MNST SBAC HTZ FLS and tomorrow morning AGU CHTR EGO PNW IPG LNG ANF WCRX HMSY POR 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

CG (-.19) CHK (+.12) DAN (+.03) IMAX (+.07) SAFM (-.31) TFX (+.03) WMT (+.10).

Data Points

Yesterday saw 712 stocks rise and 2311 fall on the NYSE. NASDAQ saw 543 rise and 1961 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We are back to invested on the Madison Market Timing Indicator which can be found on www.superstockinvestor.com.

 

Economics

January CPI is released at 8:30 a.m. EST and is expected to increase to 0.1% from 0%. Then at 10:00 a.m. EST, January Existing Home Sales are expected to drop to 4.90 million from 4.95 million and January Leading Indicators are expected to drop to 0.2% from 0.5%.

 

Also, Weekly Jobless Claims are due out at 8:30 a.m. EST and Philly Fed Manufacturing due out at 10:00 a.m. EST.

Politico

Federal Reserve St. Louis President Bullard speaks at 12:30 p.m. EST and is followed by Federal Reserve San Francsicos President Williams at 1:00 p.m. EST.

Conference & Analyst Meetings

Analyst meetings WGL MOH RLOC. Consumer Analyst Group of NY Conference, Bank of America Merrill Lynch India Investor Conference and Barclays Capital Industrial Conference.

Conference of Note

Barclays Capital Industrial Conference.

M & A News

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup	NKE
Merrill Lynch		TSLA
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Barclays
Jefferies	AAUKY

Comments »

“The Fly” should just appoint me as a new blogger and you the reader tell him so. Shit he even has liked my ideas on guns and Chipolte and told me so.  Bottomline, I am delivering him a kick ass morning update, intelligent market analysis and BLING. That is right, since November when I started writing NO ONE has put up the numbers I have allowing the Mrs. Flys of the world to add to their bling collections.  The Fly needs me because his posse is just not getting it done.  If I do not get the votes, then I will go back to blogging to my small cadre of fans. You have been warned.

Here are the names we have recommended and current price with p/l and %.  Six long ideas and Two Shorts since November. Batting Average 88%, so far (since November). I write this update for a fifth time. Locked in gain on P last update. THERE ARE SOME HUGE ASS WINNERS HERE.

Expect a new idea as the selloff takes hold.

P 12/4 $8.91 $11.74 $2.83 31.76% Closed out idea on 2/1.

AMD 12/10 $2.35 $2.70 $0.35 14.89%

CMG 12/18 $288.01 $309.49 $21.48  7.46%

TASR 12/17 $7.67 $8.59 $0.92 11.99%

NSC 1/4/13 $65.25 $72.25 $7.00  10.72%

ABFS 1/28/13 $11.04 $11.38 $0.34  3.08%

Shorts (Negative Means We Are Making Money)

SWHC 12/17 $9.26 $8.98 $-0.28 -3.02%

RGR 12/17 $46.40 $52.33 $5.93  12.78%

Comments »

In After Hours Trading

ADI (-.01) CF (+.44) DELL (+.01) FNF (+.11) LOPE (+.04) HLF (+.04) LZB (+.05) MAR (+.01) NBR (+.15) NFX (-.14) ROG (+.02) SINA (+.08) TXRH (+.01). Lower guidance from KONA MM SHO.

 

Secondary Offerings this morning NRF ONCY TRNO. Filed yesterday KORS TRNO ONCY. (Courtesy of IPO Financial Network)

What’s Happening This Morning

US futures: (S&P -1.00, Dow Jones -3, NDX -3.50 with fair value slighlty higher) Asia higher and Europe mixed. Copper and gold lower with WTI Crude higher and Brent Oil Futures lower. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.007. Prices as of 7:45 a.m. EST.

Earnings Expected

Due after the close WMB WPZ ETE ETP AUY FLR CXO SXL SNPS KBR TSLA TRN PAAS SAM CAKE CROC JACK and HNZ PCG PEG ESV CHK HST HRL TIM SWY DDS PDCO TFX TTC DAN TK LTM IMAX tomorrow morning.

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

AVA(-.19) CLH (+.67) DISH (-.06) DTE (-.02) GRMN (-.06) ODP (-.03) OC (-.05) TOL (-.09).

Data Points

Yesterday saw 2085 stocks rise and 927 fall on the NYSE. NASDAQ saw 1674 rise and 812 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We are back to invested on the Madison Market Timing Indicator which can be found on www.superstockinvestor.com.

 

Economics

January Housing Starts and January PPI are due out at 8:30 a.m. EST and are expected to come in at 920,000 versus 954,000 and 0.4% against -0.3%.

Politico

The Bank of England (BOE) releases its latest minutes. FOMC Minutes at 2:00 p.m. EST.

Conference & Analyst Meetings

Analyst meetings G TGI KEY. Consumer Analyst Group of NY Conference, Bank of America Merrill Lynch India Investor Conference and Barclays Capital Industrial Conference.

Conference of Note

Barclays Capital Industrial Conference.

M & A News

TSYS to buy NTSP for $16.00 a share in cash.

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup	MDP
Merrill Lynch
Wachovia/Wells Fargo		SEE
Credit Suisse
Banc of America
UBS		WIN
Lazard	ALXN
Barclays
Jefferies
Raymond James
ABN Amro		AEG
Cantor Fitzgerald
Credit Agricole
Dahlman Rose
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham	FNGN

Comments »

Took a few days off as things are a tad boring.

Comments »

Each day I review the put and call action in the major ETFs.  Still nothing to worry about as call volume is hardly out of control.

This gets posted daily to http://www/wallstreetrebel.com post the close and this screen comes from http://www.orats.com and their Action Alert product.

Comments »

In After Hours TradingAEM (-.04) AMKR (+.012) AMAT(+.03) PRSS (+.03) CSCO (+.03) EOG (+.24) EQIX (+.25) MET (+.06) MDLZ (-.01) TRIP (+.02) WTW (+.09) WFM (+.01).

 

Lower guidance is hurting these names in after hours WTW WFM.

Strength was seen in energy, consumer non-durables and the electronic technology sectors.

Cancer Genetics (CGIX) comes public today. Possible secondary offerings today include BMR CLF EGAN ST WWWW. Secondary offerings filed after the close LMNR. (IPO/Secondary Information courtesy of www.iponfinancial.com)

What’s Happening This Morning

US futures: (S&P -5.00, Dow Jones -54, NDX -10.80 with fair value slighlty higher) Asia higher and Europe lower. Copper lower and gold higher with WTI Crude and Brent Oil Futures lower. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US ten-year Treasury Yield -.0279. Prices as of 7:45 a.m. EST.

Earnings Expected

Due after the close GG CBS A PCYC WRI HMA BRCD WOOF QLIK RP and ENB BAM AEP VTR VFC CPB SJM DLR TRW LECO tomorrow morning.

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

ABB(-.08) ALXN (+.08) LNT (+.07) ABX (+.04) DVA (+.09) HSC(-.01) JAH (+.021) PEP (+.03) SKYW (+.04) STRA (+.03).

Data Points

Yesterday saw 1776 stocks rise and 1231 fall on the NYSE. NASDAQ saw 1348 rise and 1091 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We are back to invested on the Madison Market Timing Indicator.

 

Markets are closed in China through Thursday.

Economics

Weekly Initial Jobless Claims due at 8:30 a.m. EST.

Politico

Rhetoric over the March Sequester will now pick up speed post the State Of The Union Address.

 

G-20 Finance Ministers meet in Moscow through Saturday. Bank of Japan left its interest rate policy unchanged.

Conference & Analyst Meetings

Analyst meetings JDSU OI GT RHP. Credit Suisse Financial Conference, Goldman Sachs Technology & Internet Conference, Leerink Swan Global Healthcare Conference, Bank of America Insurance Conference, Sterne Agee Financial Institutions Conference, BB&T Transportation Conference, Chicago Auto Show and the Molecular Medicine Tri-Conference 2013.

Conference of Note

Goldman Sachs Technology & Internet Conference

M & A News

LCC and American Airlines to merge bringing American out of bankruptcy.

Key Upgrades and Downgrades

  

Firm	Upgrades	Downgrades
JP Morgan		ABGLY
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup
Merrill Lynch
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Barclays
Jefferies	VNDA
Raymond James	ANGI
KeyBanc
Cantor Fitzgerald
Credit Agricole
Dahlman Rose
Keefe Bruyette
Friedman Billings
Robert W. Baird
Needham	IM
Sun Trust RH
Credit Agricole
RBC
RBS
Cantor Fitzgerald
CIBC
Dresnder
Key Banc
HSBC Securities
Cowen
William Blair
BNP Paribas
Nomura
Kaufman
Brean Murray
JMP Securities
Wedbush
Argus
CLSA
BB&T
ING
Roth
Janney Montgomery
Susquehanna
Think Equity
Merriman
Cantor Fitzgerlad
BMO Capital
Benchmark
Jesup & Lamont
Macquarie
Canaccord Adams
Evercore
MKM
Bernstein
CLSN
Guggenheim
Auriga
Stephens
BTIG
Global Hunter
Longbow

 

 

Comments »

In After Hours Trading

ACC (+.05) BWLD (+.05) CMCSA(+.03) RAX (-.01) (+.04) SGEN (+.01) WU (+.07) WSH (+.02).

What’s Happening This Morning

US futures: (S&P +3.25, Dow Jones +22, NDX +8.50 with fair value lower) Japan lower and China closed through Thursday other Asian countires higher, Europe higher ex FTSE. Copper higher and gold lower with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US ten-year Treasury Yield +.0344. Prices as of 7:45 a.m. EST.

Earnings Expected

Due after the close CSCO MDLZ MET EOG CTL WFM LBTYA AMAT PXD NTAP EQIX and tomorrow morning ABB GM APA ABX DTV DISCA CVE PPL ALXN REGN ECA DVA.

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

AVEO(+.16) BLKB (+.03) DE (+.25) HSIC (+.06) H (+.09) LO (+.03) WFR (+.08) SON (+.02)

Data Points

Yesterday saw 1931 stocks rise and 1048 fall on the NYSE. NASDAQ saw 1513 rise and 948 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We are back to invested on the Madison Market Timing Indicator.

 

Markets are closed in China through Thursday.

Economics

January Retail Sales are due out at 8:30 a.m. EST and are expected to come in at 0.1% against 0.5%. Crude Inventories are due out at 10:30 a.m. EST.

Politico

Rhetoric over the March Sequester will now pick up speed post the State Of The Union Address. Federal Reserve St. Louis President Bullard speaks at 11:00 a.m. EST.

Conference & Analyst Meetings

Analyst meetings JDSU WAG CBR YUM. Credit Suisse Financial Conference, Goldman Sachs Technology & Internet Conference, Stifel Nicolaus Transportation & Logistics Conference, Pacific Crest Emerging Technology Summit,Bank of America Insurance Conference, Leerink Swan Global Healthcare Conference and the Molecular Medicine Tri-Conference 2013.

Conference of Note

YUM to hold a major announcement at 11:00 a.m. EST.

M & A News

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs
Morgan Stanley
Deutsche Bank
Citigroup
Merrill Lynch	MOH
Wachovia/Wells Fargo
Credit Suisse
Banc of America
UBS
Lazard
Barclays
Jefferies	UTIW
Raymond James		CLWR
KeyBanc
Cantor Fitzgerald
Credit Agricole
Dahlman Rose
Keefe Bruyette
Friedman Billings		FOSL

Comments »

February 13, 2013

In After Hours Trading

AMSC(+.04) ASEI (+.15) BNNY(+.01) ACGL (+.33) CHH (+.04) CGNX (+.02) DNB (-.01) FWRD (+.04) LGF (+.07) MAS (+.04) NLSN (+.04) TWTC (-.04).

What’s Happening This Morning

US futures: (S&P -0.50, DJI +1, NDX -3.20 with fair value higher) Japan lower and China closed through Thursday, Europe higher. Copper and gold higher with WTI Crude and Brent Oil Futures higher. $ is lower vs Euro, higher vs. Pound and lower vs. Yen. US ten-year Treasury Yield -.004. Prices as of 7:35 a.m. EST.

Earnings Expected

Due after the close FTI RAX WU FRT WSH CLF DDR ACC VMI GWR SGEN SKT and CMCSA DUK DE KRFT TRI LO TLM DPS CPN HSIC H ANF DF SON CAE tomorrow morning.

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

AVP(+.10) FIS (-.01) KORS (+.23) OMC (+.03) RAI (+.03) ZBRA (+.02)

Data Points

Yesterday saw 1340 stocks rise and 1635 fall on the NYSE. NASDAQ saw 1108 rise and 1267 fall. The S&P 500 now back above its 50 day moving average and above the 200 day moving average. The 10 day spread moving average of breadth is positive. We are back to invested on the Madison Market Timing Indicator.

 

Markets are closed in China through Thursday.

Economics

NFIB Business Survey due out this morning pre-market 88.9, which is near the multi-year nadir as it rose from 88.

Politico

Federal Reserve Kansas City President Esther George speakS about the economy as will Federal Reserve Richmond and Philadelphia Presidents Lacker and Plosser. At night President Obama delivers the State of the Union.

Conference & Analyst Meetings

Analyst meetings LF BSX FIS. Credit Suisse Financial Conference, Goldman Sachs Technology & Internet Conference, Stifel Nicolaus Transportation & Logistics Conference, Pacific Crest Emerging Technology Sunnit and the Molecular Medicine Tri-Conference 2013.

Conference of Note

Annual BIO CEO & Investor Conference. AAPL to present at Goldman Sachs Technology & Internet Conference with CEO Tim Cook to speak.

M & A News

Key Upgrades and Downgrades

Firm	Upgrades	Downgrades
JP Morgan
Goldman Sachs		BYD
Morgan Stanley		DANOY
Deutsche Bank
Citigroup	NMM
Merrill Lynch	SPH URI	CBB

Comments »