So Today I am hoping I can get my act together and end the week strong.
Here is todays morning movers and stocks I have on watch.
$CRIS PR, $AVNR PR, $NOR, $MUX pr, $AMKR earnings pr, $AMBA, $ATRS, $AXAS. $DANG, $KTOS, $MELA very thin , $MEET, $MEIP thin, $SGYP bottom bounce continuation, $WCRX,$ARC,$HOV
Seeking Alpha
Today's Markets:
In Asia, Japan -0.3% to 13884. Hong Kong +0.7% to 22548. China -1.0% to 2178. India -0.6% to 19287.
In Europe, at midday, London -0.5%. Paris -0.8%. Frankfurt -0.3%.
Futures at 7:00: Dow -0.2%. S&P -0.25%. Nasdaq -0.3%. Crude -0.7% to $93.00. Gold +0.4% to $1468.00.
Today's economic calendar:
8:30 GDP Q1
9:55 Reuters/UofM Consumer Sentiment
Notable earnings before today's open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY
Briefing.com
Gapping down
In reaction to disappointing earnings/guidance: COBR
-15.5%, (thinly traded),
PKI -10.8% (also downgraded to Buy from Strong Buy at ISI
Group), SIMO -10% (also downgraded to Neutral from Buy at Lazard), MMSI -9.6%, BIDU -7.9%, MCRS
-7.6% (also tgt to $44 from $48.50 at Jefferies, tgt to $47 from $65 at
Wedbush following earnings), HRB -7.2% (Reports Tax Return Volume Through
April 18; Share of total U.S. returns essentially flat compared to prior
year), HMSY -5.9%, ABAX -5.8% (light volume), DECK -5.3%, EXPE -5.3%, ECHO
-5%, KLAC -5% (also downgraded to Outperform from Buy at Credit Agricole),
MFLX -4.9%, MXIM -4.3%, TLAB -4% (light volume), NOV -3.9%, KEG -3.4% (light
volume), CRUS -3.2%, COV -3.2% (ticking lower), GNC -3%, HBHC -2.5% (also
downgraded at Raymond James and Wunderlich), AMZN -2.4%, PMCS -2.4% (light
volume), ALTR -2.1%, LEG -1.9% (light volume), SBUX -1.8%, TOT -1.1%, VPRT -1%
(light volume).
A few financial related names showing modest weakness: DB -1.3%, SAN -1.1%,
IRE -1%, BCS -0.9%, UBS -0.6%.
Select metals/mining stocks trading slightly lower: MT
-1.4%, SLV -1.3%, GFI
-1.3%, SLW -0.9%.
A few Chinese internet names are lower following BIDU
results: YOKU -1.7%,
SINA -1.1%, SOHU -0.6%
Other news: PER -5.5% (announced quarterly distribution
of $24.8 mln or
$0.512/Common Unit and $0.353/Subordinated Unit - prior
$31.7 mln or $0.603032/unit), PFE -3.2% (received CHMP negative opinion regarding marketing
authorization in Europe for rheumatoid arthritis treatment XELJANZ), AMAT
-2.5% (following KLAC results), RESI -1.3% (prices 15 mln shares at $18.75 per
share), VOD -0.4% (Vodafone PLC rejects Verizon $100 bln offer for JV,
according to reports out yesterday), UPS -0.3% (UPS and Teamsters agree on new
5 year deal).
Analyst comments: SDT -5.5% (downgraded to Underperform
at Oppenheimer), ABC
-1.3% (downgraded to Neutral from Outperform at Robert W.
Baird), ERJ -0.7% (downgraded to Sell from Neutral at Citigroup)
Gapping up
In reaction to strong earnings/guidance: SYNA +18.2%,
LOGM +16.3%, QLIK +14%
(also tgt to $32 from $30 at Evercore, tgt to $35 from
$31 at JMP following earnings), AMKR +10.1%, INFA +8.6%, CSTR +8.3%, FSL +8.2%, (light volume), DHI
+6%, THRX +5.9% (also announces Plan to Separate Late-Stage Partnered
Respiratory Assets From Biopharmaceutical Operations), ALV +3.9%, AMCC +3.2%,
VRSN +3%, WOOF +2.8%, MOH +2.6%, IGT +2.6%, RSG +2.3% (light volume), DLB
+1.9% (light volume), WY +1.8%, VFC +1.8%, SWKS +1.7%, CB +1.6% (light
volume), PMCS +1.6% (light volume), N +1.5%, TYC +1.4% (light volume), CERN
+1.1%, AXS +0.4% (also upgraded to Outperform from Market Perform at Raymond
James), COLM +0.3% (light volume) .
A few homebuilders are lifting boosted by DHI results:
PHM +1.7%, LEN +1.5%,
HOV +0.8%.
A few European drug names ticking higher: AZN +0.5%, GSK
+0.4%
Other news: JCP +7.2% (Soros Fund Management discloses 7.91% passive stake in
13G filing), AVNR +3.1% (receives positive CHMP opinion for approval of
NUEDEXTA in Europe), NBG +2.2% (still checking), S +2.2% (ticking higher,
still checking--CLWR reported earnings), GGS +1.6% (light volume, continued
strength), NFLX +1.5% (following CSTR results, tgt to $325 from $250 at
Lazard).
Analyst comments: SPWR +4.4% (upgraded to Outperform from
Neutral at Robert W.
Baird), BSX +2.8% (upgraded to Outperform from Neutral at
Credit Suisse), FB +1.8% (Facebook upgraded to Strong Buy from Outperform at Raymond James), CAM
+0.6% (upgraded to Outperform from Market Perform at Raymond James)
| Today's Upgrades: | ||
| Company | Ticker | Brokerage Firm |
| ProLogis | PLD | Stifel |
| PetroLogistics | PDH | Stifel |
| Basic Energy Services | BAS | Global Hunter Securities |
| PulteGroup | PHM | RBC Capital Mkts |
| Sony | SNE | Credit Agricole |
| Unisys | UIS | Susquehanna |
| EQT Midstream Partners | EQM | Credit Suisse |
| FB | Raymond James | |
| Boston Scientific | BSX | Credit Suisse |
| Cameron | CAM | Raymond James |
| Lender Processing | LPS | Oppenheimer |
| AXIS Capital | AXS | Raymond James |
| Aixtron | AIXG | Northland Capital |
| Unilever NV | UN | Societe Generale |
| Allscripts-Misys Healthcare | MDRX | Morgan Stanley |
| Commercial Metals | CMC | Jefferies |
| PennyMac Mortgage | PMT | Keefe Bruyette |
| Regions Fincl | RF | Jefferies |
| bebe stores | BEBE | Janney |
| SunPower | SPWR | Robert W. Baird |
| Today's Downgrades: | ||
| Company | Ticker | Brokerage Firm |
| Carbo Ceramics | CRR | Global Hunter Securities |
| Domtar | UFS | TD Securities |
| ITT Educational | ESI | Compass Point |
| Linn Energy | LINE | Global Hunter Securities |
| FEMSA | FMX | BofA/Merrill |
| USG | USG | RBC Capital Mkts |
| Domtar | UFS | JP Morgan |
| Wilson Greatbatch | GB | Craig Hallum |
| Meridian Bioscience | VIVO | Craig Hallum |
| DCP Midstream | DPM | Credit Suisse |
| Exterran | EXLP | Credit Suisse |
| Dresser-Rand | DRC | Guggenheim |
| Exide Tech | XIDE | Wedbush |
| Silicon Motion | SIMO | Lazard |
| Hancock Holding | HBHC | Raymond James |
| Ikanos Comms | IKAN | Needham |
| Raymond James | RJF | Citigroup |
| KLA-Tencor | KLAC | Credit Agricole |
| Embraer SA | ERJ | Citigroup |
| SandRidge Mississippian Trust I | SDT | Oppenheimer |
| PetroLogistics | PDH | Citigroup |
| Carpenter Tech | CRS | JP Morgan |
| Natl Instruments | NATI | JP Morgan |
| Alkermes | ALKS | BofA/Merrill |
| Windstream | WIN | BofA/Merrill |
| Hancock Holding | HBHC | Wunderlich |
| F5 Networks | FFIV | FBR Capital |
| AmerisourceBergen | ABC | Robert W. Baird |
| PerkinElmer | PKI | ISI Group |
Hey Tim;
ReplyDeleteIs there any way you can send me a link to watch your videos on Swing Trading that you posted in Bulls. I can not seam to bring it up. I started to watch it last week and now I can not get back to it.
Thanks Lenny Whitmore
lennywhit@gmail.com