Thursday, February 5, 2015

Liquidity Everywhere


Good morning folks, 
The quote applies to to the markets as well. There are some areas of weakness and a few cracks developing here and there but there is so much liquidity out in the world from all the central banks printing money that one has to wonder where all that money will pour into, Most likely its going to show up in what appears to be the safest and strongest bet out there and for now that is the U.S . Stock market.

 We have had some rotation out of the IBB over the last couple of days but the IWM is making an attempt to go back and challenge the 121 area that I feel is a key level that we need to break and then hold above. The SP was showing great strength yesterday until end of day when the Greece announcement hit. Oil took a hit off of a big inventory build and record high crude inventory levels. We continue to get mixed results on the earnings front and it seems like everyone is waiting for TWTR results due out after the close. TWTR daily looks pretty good and it has already had a nice move into the earnings however they have announced a deal with GOOG that is popping the stock pre market.. GMCR missed, PFE announced a big buyout, ANTM announced yet another data breech with 80 million customers and employees being affected. That should be good for the CYBR FEYE FTNT PANW group. 

 There is a lot of volatility out there and we are still trading in a range. We could continue trading in this range for quite some time. Until we break one way or the other this is a great market for scalpers. 

 Stocks on my Radar
FEYE already swinging getting some play premarket, AFFX earnings nice daily, YNDX more of a long term hold play PR not for the faint of heart, MRGE pr already had a nice run but possible continuation, NVCN pr thin one very hot daily, GLUU popping off earnings up a lot already can pop and flop so be careful, GRPN pr catching a bounce, GSVC a decent Sympathy play option for TWTR daily looks pretty hot, TKAI active premarket ,  INUV earnings gapper thin one, EOPN gapping not sure why very thin, HPJ pr gapper can pop and flop so be careful

 USO SPY IWM IBB NUGT JDST TVIX TZA UUP 
CNBC in the news

IN THE NEWS TODAY
U.S. stock futures were higher in early trading, after a strong Wall Street rally faded late Wednesday on the ECB's decision to cancel its acceptance of Greek bonds as collateral for loans. Greek stocks were down 5 percent today.(CNBC)
Debt talks between Greece and its euro zone neighbors kick into high gear in Germany today, as the combative finance ministers of the two countries meet for the first time. (CNBC)
Oil prices were higher in early trading, after Wednesday's 9 percent rout brought an abrupt end to a four-session rally on news of record high crude inventories in the United States. (CNBC)
Saying Saudi Arabia is OK with cheap oil for "some time," the country's finance minister told CNBC the kingdom will continue to dip into cash reserves and borrow to temper the storm in crude.
The Fed is right to hold off on raising interest rates for now so as not to risk a further and potentially economically costly drop in already low inflation, said Boston Fed President Eric Rosengren. (AP)
Pfizer (PFE) has agreed to buy Hospira (HSP), a provider of injectable drugs and infusion technologies, for $90 a share or about $17 billion.
U.S. health insurer Anthem (ANTM) said its database has been hacked, potentially exposing personal information of about 80 million of its customers and employees. (CNBC)
Apple (AAPL) is said to be in talks with TV programmers to allow the tech giant to offer an Internet-delivered service like the new Sling TV product from Dish Network (DISH) and another coming from Sony (SNE). (Re/code)
Walter Isaacson, author of the best-selling "Steve Jobs" biography, joins CNBC's "Squawk Box" at 8:15 a.m. ET to talk all things Apple, and offer his views on the FCC chairman's new net neutrality proposal.
FCC Chairman Tom Wheeler is seeking to ban cable companies from throttling access to certain kinds of broadband data and seeking payments to prioritize some content over others. (CNBC)
Twitter (TWTR) and its CEO Dick Costolo have a lot to prove to investors with this afternoon's earnings report. The stock has been down 40 percent over the past 12 months, even after a rally to kick off 2015. (CNBC)
Under Armour (UA) late Wednesday issued earnings and revenue that beat expectations. The maker of athletic apparel also said it bought fitness app MyFitnessPal for $475 million. (MarketWatch)
Under Armour Founder and CEO Kevin Plank joins us at 7:30 a.m. ET to talk about the future of the company, which has Nike (NKE) in its sights.

 
BY THE NUMBERS
Ahead of tomorrow's January employment report, investors get another read on the job market at 8:30 a.m. ET, when the government releases its weekly report on initial jobless claims. Economists expect 290,000 new filings for last week, up from 265,000 the prior week.
The government's December trade deficit figures are also out at 8:30 a.m. ET, with a gap of $38.5 billion seen, down from $39 billion in November. At the same time, fourth-quarter productivity numbers are seen coming in flat, following a 2.3 percent annual rate increase in the third quarter.
At 10:30 a.m. ET, the Energy Department issues its weekly look at natural gas inventories.
STOCKS TO WATCH
Earnings at Yum Brands (YUM) missed expectations, but revenue beat forecasts. The parent of KFC, Taco Bell, and Pizza hut saw same-store sales fall by a smaller-than-expected 16 percent in China.
Keurig Green Mountain (GMCR) missed expectations with earnings and revenue, and issued disappointing guidance for the current fiscal year following lower-than-expected holiday sales.
AstraZeneca (AZN) is buying the branded lung drug business of Actavis(ACT) for $600 million. The deal came alongside news that AstraZeneca's latest quarterly profit fell short of analyst estimates.
Netflix (NFLX) plans to enter the Japan market in the fall of this year. The U.S. streaming video provider said last month it would move into about 150 new markets within two years.
CBS (CBS) CEO Les Moonves is seeking to buy out the controlling stake in the media company currently held by National Amusements, according to theNew York Post.
Seeking Alpha
Today's Markets:
In Asia, Japan -1% to 17505. Hong Kong +0.4% to 24765. China -1.2% to 3137. India -0.1% to 28851.
In Europe, at midday, London -0.5%. Paris -0.6%. Frankfurt -0.2%.
Futures at 6:20: Dow +0.4%. S&P +0.5%. Nasdaq +0.3%. Crude +1.3% to $49.08. Gold -0.4% to $1260.
Ten-year Treasury Yield +1 bps to 1.79%
Notable earnings before today's open: ABB, ADS, AINV, AMSC, APO, ARW, AZN, BCE, BCO, BDC, BDX, BLL, BR, CFX, CHTR, CI, CMI, COTY, CSL,DFT, DLPH, DNKN, EL, EQM, EQT, ETR, FBP, FIS, GLT, GPI, GPK, GRA, GRUB, ICE, IT, IVC, KORS, LAZ, LIOX, LQDT, MDSO, MMP, MMS, MSCI,NGD, NUS, ODFL, OZM, PBH, PM, PPL, PRGO, PRLB, PTEN, RFP, RSTI, SBH, SIRI, SNA, SNCR, SPH, SQNS, TDC, TE, TEVA, TW, USG, UTEK,VLP, VMC, VSH, XYL
Notable earnings after today's close: ACET, ACLS, ADNC, AHL, AIV, ARCW, ASEI, ASYS, ATHN, ATR, ATVI, BCOV, BEBE, BMI, BRKS, BRS, BWLD,CALD, CME, CPST, CTRL, CUTR, DCT, DV, ECHO, ECOM, EGAN, EGOV, ENH, EXPE, FLDM, FLT, FWM, GPRO, HME, IMPV, KIM, KRG, LF, LGF,LNKD, MCK, MRIN, MTD, MXWL, NTGR, NUAN, OLN, ONNN, OUTR, P, PCTY, PDFS, PDM, PXLW, RDEN, RENT, SIMG, SLH, SPF, SPSC, SRCL,SWIR, SYMC, TPX, TSYS, TWTR, UBNT, UEPS, VRSN, WAIR, YELP, YRCW

Best of Success! 
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