Lets see if we can get some follow through today.
My good friend Noa made some fairly compelling reasons as to why he feels we are ready for a rally here http://www.noanettrader.com/.
I hope he is right, I would much rather have a continuing bull run. The market wouldn't function properly if everyone had the same belief, opposing views is what makes a market. I am still in the bearish camp but that could change quickly if we repair some of the damage that has been done in the NASDAQ IBB and IWM not to mention the individual stocks that have had the dreaded "DEATH CROSS." We started out the week with a nice day and it would be fantastic if we get a nice continuation today with some volume.
Morning movers and other stocks that caught my eye
CLVS pr awesome daily, RDNT love the daily, DNDN pr bottom bounce, OPHT pr nice daily, NEWL another wild day??, EGLE FREE TNK FRO DRYS for potential sympathy play, TSYS pr continuation?, ATRS 20 day bounce off pr?, STML pr bounce play off pr, CRME pr moving average cross ?, YELP Cramer effect continuation 20 day cross, EJ earnings beat and raise, LEJU earnings recent ipo ,
Seeking Alpha
Top Ideas
Southside Bancshares (SBSI) - new article by Intangible Valuation »
Blucora (BCOR) - new article by Special Situations »
Select Comfort (SCSS) +9.2% since Feb. 14 Shaun Currie, CFA article »
Willdan (WLDN) +44.1% since Dec. 11 Andreas 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 +0.5% to 14075. Hong Kong +0.6% to 22835. China +0.15% to 2008. India +0.1% to 24377.
In Europe, at midday, London -0.5%. Paris -0.4%. Frankfurt -0.2%.
Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +0.1% to $102.71. Gold -0.2% to $1291.60.
Ten-year Treasury Yield -1 bps to 2.54%.
Southside Bancshares (SBSI) - new article by Intangible Valuation »
Blucora (BCOR) - new article by Special Situations »
Select Comfort (SCSS) +9.2% since Feb. 14 Shaun Currie, CFA article »
Willdan (WLDN) +44.1% since Dec. 11 Andreas 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 +0.5% to 14075. Hong Kong +0.6% to 22835. China +0.15% to 2008. India +0.1% to 24377.
In Europe, at midday, London -0.5%. Paris -0.4%. Frankfurt -0.2%.
Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +0.1% to $102.71. Gold -0.2% to $1291.60.
Ten-year Treasury Yield -1 bps to 2.54%.
Today's economic calendar:
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
12:30 PM Fed's Plosser: U.S. Economic Outlook
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
12:30 PM Fed's Plosser: U.S. Economic Outlook
Video link for yesterday's market recap
http://www.screencast.com/t/YxSIOF4tJoU
Best of Success!
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