Good morning folks,
Being a Friday before a long holiday weekend we could see another strong day in the markets as shorts cover into the weekend. I hope some of you had CYBR or FEYE. I have been pounding the table on both of them for the last couple of weeks. CYBR was in last weekends stocks to watch video and I highlighted both companies on the First Ticker TV trail run. I plan on doing another live stream this weekend to go over my take on the markets and stocks to watch for next week. Make sure you follow me here so you can be alerted when I go live http://ticker.tv/vegastrader66. I prefer to do it early in the morning and I am thinking Sunday after church around 8 or 9 Vegas time.
Markets are making all time highs and oil is also rising this morning breaking a key level of resistance.
Stocks on my Radar
CYTK earnings beat and gapper wait for setup, MTSN earnings beat 4 dollar roll, TASR nice daily looks like it wants to take out 52 week highs,MOBI thin possible base breakout over the 50 day, NBS insider buying needs to crack 3.80 with volume, KING earnings beat big gapper don't chase it, SIRI thick stock looks like it wants the 4 dolla holla more of a swing and a bit extended on the daily, YHOO bounce off 200 day support, RPTP active premarket may want to test 10, HALO hot daily, MTL looking for it to take out the 200 day with conviction, FRO decent daily looks primed,
Small oils, Biofuel and Solar plays could continue as long as oil continues to rise
USO UUP SMH SPY IBB IWM NUGT DUST TVIX TZA NDAQ market sentiment
CNBC in the news
 | IN THE NEWS TODAY |
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| Brent crude rose above $60 a barrel today for the first time this year, bringing weekly price gains to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply. (Reuters) |
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| Greek stocks were up strongly today on hopes that the new leftist government was inching its way to a debt compromise deal with its euro zone creditors. (AP) |
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| The euro zone's gross domestic product expanded more than expected in the fourth quarter of 2014, boosted by an acceleration in Germany's growth. (CNBC) |
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| Zynga (ZNGA) matched estimates with quarterly results. The creator of "Farmville" did not see as much engagement as expected for new offerings like "New Words With Friends," and sees an unexpected loss for the current quarter. (Reuters) |
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CNBC's "Squawk Box" is live at the AT&T Pebble Beach National Pro-Am golf tournament this morning, with special guests venture capital and private equity titan Glenn Hutchins, AT&T (T) Chairman and CEO Randall Stephenson, and Qualcomm (QCOM) Executive Chairman Paul Jacobs. |
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| Mortgage rates rose this week, but remained near historically low levels. The nationwide average for 30-year mortgages jumped to 3.69 percent, while 15-year loans increased to 2.99 percent. (USA Today) |
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| China will surpass the U.S. as the world's largest retail market within the next three years, according to new research. Home to 19 percent of the world's population, the rise of the Chinese consumer has become increasingly important over the past decade. (CNBC) |
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| President Barack Obama is expected to announce at today's cybersecurity summit at Stanford University an executive order to encourage information-sharing within the private sector. (NBC News) |
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| David Carr, the highly-regarded media columnist for the New York Times, collapsed at the office and died at St. Luke's-Roosevelt HospitalThursday. He was 58. (NY Times) |
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 | BY THE NUMBERS |
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| It's Friday the 13th, which may spark fear among the superstitious, but the Dow and Nasdaq have been positive on the past four Friday the 13ths, while the S&P closed higher three out of the last four. |
| The week finishes with two economic reports, starting with import and export prices at 8:30 a.m. ET, expected to post a decline for January. At 10:00 a.m. ET, the University of Michigan's preliminary Februaryconsumer sentiment index is seen coming in at 98.3, up slightly from January's 98.1 final reading. |
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 | STOCKS TO WATCH |
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| AIG (AIG) missed estimates with earnings, citing the effects of lower interest rates and the costs of refinancing its debt. The insurer also announced a $2.5 billion stock buyback. |
| Kraft Foods (KRFT) reported earnings and revenue that beat expectations. But the food giant also announced a major executive shakeup, including the departure of its CFO. (Reuters) |
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| CBS (CBS) beat on earnings, with revenue basically matching forecasts. The media giant saw results helped by the addition ofThursday night football broadcasts, as well as the midterm elections, which boosted ad sales. |
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Seeking Alpha
Today's Markets:
In Asia, Japan -0.4% to 17913. Hong Kong +1.1% to 24683. China +1% to 3205. India +1% to 29095.
In Europe, at midday, London +0.7%. Paris +0.7%. Frankfurt +0.6%.
Futures at 6:20: Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude +1.3% to $51.86. Gold +0.3%to $1224.80.
Ten-year Treasury Yield flat at 1.99%
Notable earnings before today's open: BAM, CPN, DTE, EXC, HPY, IPG, ITT, MT, NGLS,POR, RRGB, RUTH, SJM, TRW, VFC, VTR, WBC
Best of Success!
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