Good morning Folks
Last night's market recap, if you missed it is at the bottom of the page. Unfortunately we did not get the kind of follow through day I was hoping we would get. We could continue to chop around with no clear direction and divergences occurring throughout the indexes but my sense is things will be working in unison sooner than later. It would be nice if it we were off to the races to the upside however if the SP-500 can not break out of this 1900 range with conviction its likely we will be experiencing a correction of some sort. Choppy markets can be extremely frustrating to try and trade in, it doesn't really matter to me which direction we head just as long as there is a clear direction. Hopefully that will develop soon.
Morning movers and other stocks that caught my eye
QTWW and PTX both off the watchlist from this weekend earnings and pr will see how they act today, ARTX Earnings, RUBI bounce off earnings recent IPO, CLDX pr 20 day and trendline break, FCX continuation off earnings, IGC thin one but anything India is hot right now continuation of the dolla holla CAUTION, ISIS on the move pre market off pr nice bounce, OTIV decent daily reports earnings today, NSPH pr possible snapback play, CLNE continuation?
TZA and TVIX on my radar as well
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Asia Standard (OTC:ASASF) - new article by New Capital »
Songa Offshore (OTC:SGAZF) - new article by Street Smart Investor »
Staples (SPLS) +11.7% since Apr. 16 CDM Capital article »
Splunk (SPLK) -41.8% since Jan. 8 ZNCapital article »
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Today's Markets:
In Asia, Japan -0.1% to 14406. Hong Kong +1.0% to 22583. China -0.1% to 2048. India flat at 23867.
In Europe, at midday, London flat. Paris flat. Frankfurt -0.1%.
Futures at 6:20: Dow flat. S&P flat. Nasdaq flat. Crude +0.3% to $101.97. Gold +0.5% to $1301.30.
Ten-year Treasury Yield -4 bps to 2.57%.
Asia Standard (OTC:ASASF) - new article by New Capital »
Songa Offshore (OTC:SGAZF) - new article by Street Smart Investor »
Staples (SPLS) +11.7% since Apr. 16 CDM Capital article »
Splunk (SPLK) -41.8% since Jan. 8 ZNCapital article »
SA PRO subscribers get an early look at Top Ideas, and access to the SA PRO research library. Learn about SA PRO »
Today's Markets:
In Asia, Japan -0.1% to 14406. Hong Kong +1.0% to 22583. China -0.1% to 2048. India flat at 23867.
In Europe, at midday, London flat. Paris flat. Frankfurt -0.1%.
Futures at 6:20: Dow flat. S&P flat. Nasdaq flat. Crude +0.3% to $101.97. Gold +0.5% to $1301.30.
Ten-year Treasury Yield -4 bps to 2.57%.
Today's economic calendar:
7:00 MBA Mortgage Applications
8:30 Producer Price Index
10:00 Atlanta Fed's Business Inflation Expectations
10:00 NAHB Housing Market Index
10:30 EIA Petroleum Inventories
7:00 MBA Mortgage Applications
8:30 Producer Price Index
10:00 Atlanta Fed's Business Inflation Expectations
10:00 NAHB Housing Market Index
10:30 EIA Petroleum Inventories
Notable earnings before today’s open: COTY, DE, DSX, EGRX, ELOS, ENZY, EZCH, GLOG, IOC, KATE, M, OTIV, PF,PLUG, OTC:RTRX, SNE, SODA, VLP
Notable earnings after today’s close: A, ACXM, CSCO, CVT, EXP, GEVO, JACK, NTES, PRSS, SEAS, TCX, VIPS, VOXX,WX, XONE
Last night's link
http://www.screencast.com/t/JaczqYSg
Best of Success!!
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