Wednesday, February 11, 2015

Willpower

Good morning folks, 
We had a nice day yesterday even though oil experienced a bit of a pullback. We get oil inventory data today which could lead to some whipsaw action with oil and natural gas. We also have the ECB meeting today and there is likely to be more news developments with Greece. While we had a constructive day in several indexes we still remain range bound and there is still a lot of choppy action out there. Premarket we are slightly red and it is likely to be another choppy day. 

Stocks on My Radar
 BLDP pr gapper, PLUG FCEL and ZBB could be sympathy plays, UNIS potential continuation and 5 dolla roll after Fast Money appearance, RAD pr active premarket more of a swing, CYBR Possible continuation FEYE CUDA WYY like the sector FEYE reports tonight, NNA earnings beat nice daily possible 4 dolla holla, EXEL potential continuation, ADXS pr gapper, MSTX pr penny play bio active premarket, NLST pr going for the 2 dolla roll, HTBX gapper off pr can be a pop and flopper, TXMD priced offering @ 4.05 

TVIX TZA USO UUP SPY IBB DUST NUGT IWM NDAQ for sentiment  

CNBC in the NEWS
IN THE NEWS TODAY
U.S. stock futures were lower in early trading after Tuesday's sizable gains erased losses from the prior two sessions. Greece and oil remain on the watch lists of investors. (CNBC)
The finance minister of Greece is set to meet with his euro zone counterparts today in Brussels, where he's expected to propose a four-pillar overhaul of his country's current bailout program.

Billionaire hedge fund manager David Tepper told CNBC a Greek debt deal would be "obviously be good for the markets," but added that stocks "could survive even if it goes the other way." (CNBC)

Lower oil prices are seen throughout 2015, but don't expect much of a boost for the majority of the economies around the world, according to a global growth forecast from Moody's (MCO). (CNBC)

Apple (AAPL) has become the first U.S. company to have its stock close with a market value above $700 billion. Shares surged Tuesday, after CEO Tim Cook announced a partnership with First Solar (FSLR) to build an $850-million solar energy farm in California. (CNBC)

Harry Wilson, a man who helped save and reshape General Motors(GM), said the automaker has not done a good job delivering for investors. It's the reason he plans to nominate himself to the GM board of directors. (CNBC)

Tesla (TSLA) CEO Elon Musk is prepared to fire overseas executives, people with knowledge of the matter told Reuters, after weak Chinese sales. Tesla is set to report earnings after the bell this afternoon.

PepsiCo (PEP) beat estimates by 4 cents with adjusted fourth quarter profit of $1.12 a share, with revenue also above forecasts. The beverage and snack giant did say today it expects a "challenging and volatile" macroeconomic environment this year.

Brian Williams, anchor of "NBC Nightly News," has been suspended without pay for six months, after admitting last week that a story he told about coming under fire while on a helicopter during the Iraq war was not true. (Reuters)

Comedy Central has confirmed Jon Stewart is leaving "The Daily Show," the popular satirical news program he's hosted for 17 years. In a tweet, the network said Stewart will remain with the show "until later this year." (CNBC)

Social media hacks and blunders hit a number of prominentindividuals and organizations Tuesday, including the Twitter (TWTR) account of the microblogging service's chief financial officer. (CNBC)

The millions of people using dating apps on company smartphonescould be exposing themselves and their employers to hacking, spying, and theft, according to a study by IBM (IBM). (Reuters)



BY THE NUMBERS
Radical changes in the global economy have left Russia in "dire straits," and it should seize the moment to reform, the country's finance minister told CNBC from the sidelines of the G-20 economic summit in Istanbul, Turkey.
Today's only U.S. government economic report comes at 2 p.m. ET, when the Treasury issues the January budget statement. Forecasts call for a $20 billion deficit compared to a $10.25 billion shortfall a year ago.

The Energy Department's usual Wednesday assessment of oil and gasoline inventories is set for release at 10:30 a.m. ET.

It didn't take much to stem the miniboom in mortgage refinancing. Slightly higher interest rates brought total loan application volume down 9 percent on a seasonally adjusted basis for the week that ended Friday from the previous week, according to the Mortgage Bankers Association.

Today's after-the-bell earnings include Dow component Cisco Systems (CSCO) and Whole Foods (WFM).

Goldman Sachs is holding a technology and Internet conference today and Yahoo (YHOO) CEO Marissa Mayer and Twitter CEO Dick Costolo are both expected to give speeches.

Competition for online takeout orders is heating up with Yelp's (YELP) purchase of Eat24 for $134 million, taking aim at GrubHub (GRUB).

STOCKS TO WATCH
Pier 1 Imports (PIR) cut its guidance for 2015, pointing to higher-than-expected expenses. Separately, Pier 1 announced the retirement of Chief Financial Officer Charles Turner.
Chip designer Arm Holdings (ARMH) posted fourth-quarter profit thatbeat analyst forecasts, helped by an increase in royalty revenue from companies like Apple.

Chico's FAS (CHS) is in talks to be acquired by private equity firm Sycamore Partners, according to the Wall Street Journal. The women's apparel retailer could be valued at more than $3 billion.

Interxion Holding (INXN) is being bought by British data center operatorTelecity Group for $2.2 billion in stock. Interxion is also an operator of data centers that employ cloud-based technology.
Seeking Alpha
Today's Markets:
In Asia, Japan -0.3% to 17653. Hong Kong -0.9% to 24315. China +0.5% to 3158. India +0.6%to 28534.
In Europe, at midday, London -0.3%. Paris -0.5%. Frankfurt -0.3%.
Futures at 6:20: Dow -0.2%. S&P -0.1%. Nasdaq flat. Crude -0.7% to $49.65. Gold +0.1% to $1233.90.
Ten-year Treasury Yield +4 bps to 1.99%
Notable earnings before today's open: ACCOAFSIAOLARMHBGCPCSTEEEFT,EZCHGNRCHSICLOLPXMDLZMOSMRKTOCPAGPEPRTITRITWXUSAK,VOYAWBAIWCGWECWIXWOOFZTS
Notable earnings after today's close: ABCOACHCAEMAMATAMBRAUYBIDU,CAKECJESCPACRAYCSCOCSODCTLCVACXWCYSDDRDIODEFCEFX,EXLFETFEYEFORRGASHIVEHNIHOSIOITRILPSNMETNSITNTAPNTWK,NUNVDAOIIPNRAPPCQDELREGSCSSSKXSLFSPRTSTMPSWMTAL,TCXTRIPTSLATSOTTGTWFMZENZU

Best of Success!

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