Good morning Folks,
So the leftist side in Greece won the election, throw the Fed minutes in and a boat load of earnings and we should have a very active week ahead. Here is this weeks video in case you missed it.
Video Link
Stocks on my radar premarket
OCN popping off of better than expected news late Friday, CNET pt nice pop premarket look for a setup, BCLI popping off of a mouse report thin one be careful, BDR pr very thin be careful, RMTI got their approval catching a pop premarket
USO TVIX TZA IWM GASL UWTI IBB NDAQ SPY UUP NUGT JDST for market sentiment
Seeking Alpha
Today's Markets:
In Asia, Japan -0.3% to 17468. Hong Kong +0.2% to 24910. China +1% to 3384. India closed.
In Europe, at midday, London -0.4%. Paris +0.2%. Frankfurt +0.7%.
Futures at 6:20: Dow -0.4%. S&P -0.3%. Nasdaq -0.2%. Crude -1.6% to $44.87. Gold -0.8% to $1282.70.
Ten-year Treasury Yield -8 bps to 1.82%
Notable earnings after today's close: ASH, BOH, BRO, CR, ELS, GGG, HMST, JJSF, MSFT, MSTR, PCL, PKG, PLT, RLI, RMBS,SANM, SIMO, TXN, ZION
CNBC in the news
 | IN THE NEWS TODAY |
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| The New York City area will be under a blizzard warning this afternoon, with more than two feet of snow expected. Thousands of flights were canceled ahead of the storm. | Live blog (CNBC & USA Today) |
| The risk of a sovereign default in Greece has increased after the anti-austerity party won Sunday's snap elections, analysts say, noting concerns over the possibility of a Greek exit from the euro zone. (CNBC) |
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| In early trading, U.S. stock futures and oil prices were lower, while the euro regained some ground from more than 11-year lows against the dollar. Despite Friday's decline, stocks were able to post their first weekly gain of the year. (CNBC) |
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| Nobel economics prize winner Joseph Stiglitz told CNBC today that mistakes were made in the creation of the euro zone, but the monetary union should try to hold the single currency euro together. |
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| Gas prices fell more than 13 cents in the past two weeks to $2.07 a gallon. That's the lowest level since late April 2009. But an influential analyst warns the months-long slide may be nearing an end. (Reuters) |
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| Axis Capital (AXS) and PartnerRe (PRE) have agreed to an $11 billion mergerto create one of the world's largest reinsurers, in the face of tough competition and falling premiums. (Reuters) |
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| It took a long time, but just in time for the Super Bowl: the NFL has a deal with Google (GOOG) to distribute some of the league's video on YouTube and surface highlight clips in Google search results. (Re/code) |
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| When Apple (AAPL) reports earnings this week, the tech giant is expected to say that last year it sold more iPhones in China than the U.S. for the first time, highlighting the shifting power balance of the smartphone market. (FT) |
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| Cablevision Systems (CVC) plans to announce today the start of a low-cost mobile phone service, using Wi-Fi for connectivity rather than standard cellular networks. (NY Times) |
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| Startup Coinbase is set to open today the first regulated bitcoin exchange based in the U.S., in a move that industry observers have long said could increase trust in the digital currency. (Re/code) |
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| Malaysia Airlines was trying to restore the carrier's website early Monday after it was hacked by the same group behind the U.S. Central Command cyberattack earlier this month. (USA Today) |
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| The Russian ruble fell sharply against the U.S. dollar today, after fighting increased in the eastern part of Ukraine and President Barack Obama raised the prospect of further sanctions against Moscow. (CNBC) |
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| President Obama and Indian Prime Minister Narendra Modi unveiled plans to unlock billions of dollars in nuclear trade and deepen defense ties. The president next heads to Saudi Arabia. (Reuters) |
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| New Jersey Gov. Chris Christie is making his most decisive move yet toward a Republican presidential run by creating a political action committee and outlining fund-raising events across the country. (NY Times) |
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| BY THE NUMBERS |
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| There are no major economic reports as the trading week opens, but Wall Street is already looking ahead to the two-day meeting of Federal Reserve policymakers. The latest policy statement is due out Wednesday afternoon, with no post-statement news conference this time around. |
| It's also the busiest week of earnings season, with today's after-the-bell earnings list including Dow component Microsoft (MSFT) and Texas Instruments (TXN). |
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| A significant number of American companies plan to raise worker pay in the next three months, the latest National Association for Business Economics quarterly survey found, bolstering expectations of an acceleration in wage growth this year. |
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| STOCKS TO WATCH |
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| United Continental (UAL), Southwest (LUV), Delta Air Lines (DAL), and American Airlines (AAL) are in focus, as investors wait to see the full extent of how many flights are canceled due to the Northeast storm and the impact on earnings. |
| Generac Holdings (GNRC) could rise in Monday trading, as the maker of backup generators often does when major storms hit the Northeast. |
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| MeadWestVaco (MWV) and Rock-Tenn (RKT) plan to combine in a deal creating a packaging giant with nearly $16 billion in annual sales. MeadWestVaco shareholders will receive stock in the new company, while Rock-Tenn holders will have a choice of stock or cash. |
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| Cereal maker Post Holdings (POST) will acquire privately-held MOM Brands For $1.15 billion, the vast majority of that in cash. |
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| Ocwen Financial (OCN) paid a $2.5 million penalty to settle a mortgage servicing case with the state of California. Separately, mortgage bond investors have taken the first legal step toward suing Ocwen, saying it failed to properly collect payments on $82 billion in mortgages. |
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Shire (SHPG) received FDA approval for a drug known as Natpara, designed to treat a condition known as hypoparathyroidism.
Best of Success!! |
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