Monday, March 2, 2015

Happy Monday

Pretty Deep stuff! I think being sick is messing with my head I am turning into a big marshmallow. . 




Here is this weeks video please excuse the voice
http://www.screencast.com/t/7sfEhkqdKq

Stocks on the radar premarket
ATHX pr gappin this morning , ARCP news base break out gapper, ATRA FDA news small float  could be a ripper, MARA pr another thin one, DVAX pr nice daily,  CEVA pr possible 20 dolla holla,  IDTI hot daily pr gapper to 52 week highs, ONCY pr possible dolla holla, MSTX penny play active off pr,  

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


CNBC in the news
IN THE NEWS TODAY
Stocks are struggling to get March off to a bullish start this morning, asfutures fell despite an interest rate cut in China. The major averages ended a positive February with a whimper, with the Dow falling the final two days of the month and the S&P 500 falling the final three days, but it was still the best monthly gain for the S&P 500 since October 2011.
Warren Buffett's Berkshire Hathaway released its annual letter this weekend, in which the Oracle of Omaha hinted at his successor and suggested Berkshire cannot grow at the same pace in the future. Buffett is on CNBC's "Squawk Box" today for a full three hours. (CNBC)

Hardwood flooring manufactured in China and sold by Lumber Liquidators contained levels of formaldehyde above those permittedby California's safety standards, "60 Minutes" reported on Sunday night. Only one of the 31 samples tested met emissions standards. (Reuters)

Twitter is working with law enforcement officials to investigate a potentiallyISIS-related threat against co-founder Jack Dorsey. A post condemning Twitter for shutting down ISIS-affiliated accounts cropped up on a website used by programmers to store and share code. (NBC News)

Wells Fargo has imposed a cap for the first time on the number of auto loans it will make to subprime borrowers. The bank is one of the biggest lenders in the space, but will now limit the dollar volume of subprime originations to 10 percent of its total auto lending. (NYT)

Samsung revealed the latest version of its flagship Galaxy smartphone and announced it will launch a mobile payment service called Samsung Pay at the Mobile World Congress. The Galaxy S6 and S6 Edge abandoned the company's traditional plastic case for a metal-and-glass design.

Taiwanese handset maker HTC made less dramatic changes to thenewest iteration of its One phone, the M9. The company tweaked the design, upgraded the camera, and added a more powerful processor. (Re/code)

HTC also announced it will challenge Facebook and its Oculus Riftvirtual reality headset. It is partnering with Valve, the largest PC game distribution platform, to launch the Vive VR headset later this year. (CNBC)

Manufacturing activity in Chinese factories hit a seven-month high, but producers still face inconsistent export demand and deflationary pressures, according to a HSBC/Markit report. The Chinese Central Bank cut interest rates ahead of expectations on Saturday by another 25 basis points. (Reuters)

NXP Semiconductors has agreed to purchase Freescale Semiconductor in a deal that values the combined firm at more than $40 billion . The transaction is the largest by far of four deals announced in the chip-making space this year. (Reuters)

News Corp CEO Rupert Murdoch is rehiring former News of the World editor Rebekah Brooks following her acquittal in a case related to the company's phone hacking scandal, sources told the Daily Mail. Brooks is expected to tackle News Corp's digital expansion. News Corp declined to comment. (Daily Mail)

Forecasters are calling for a tough commute on the first business day of March, as ice and snow descend on the Midwest and Northeastovernight and Monday morning. Areas of Indiana and Illinois saw 8 to 10 inches of snow by Sunday night, while 4 to 6 inches fell in parts of Connecticut, New York, New Jersey, Maryland, Pennsylvania and West Virginia. (NBC News)

BY THE NUMBERS
At 10 a.m. ET, the February ISM manufacturing index is expected to come in at 53.0, down slightly from January's 53.5. At the same time, the government is out with January construction spending, with consensus forecasts calling for a 0.1 percent increase after December's 0.4 percent rise.
The month begins with a busy day for economic numbers, beginning withpersonal income and consumer spending for January at 8:30 a.m. ET. Economists are looking for income to be up 0.4 percent for the month following a 0.3 percent increase in December, while spending likely declined 0.1 percent following a 0.3 percent drop the prior month.

It's a light morning for earnings with Nabors Industries andSotheby's among the few companies out with numbers before the opening bell. MylanNutriSystem, and Palo Alto Networks are among the companies set to release earnings after today's closing bell.

STOCKS TO WATCH
Herbalife cut Chief Executive Officer Michael Johnson's pay 36 percent last year, after the company failed to achieve certain goals. Johnson made $6.73 million last year compared to $10.5 million in 2013.
Apple will be on watch today as rival Samsung unveils its latest line of Galaxy smartphones. Among the new features, the phones will feature a mobile payment system similar to Apple's "Apple Pay".

GlaxoSmithKline and Novartis completed more than $20 billion in asset swaps that were originally announced last April. GSK is buying the Novartis vaccines business, with Novartis receiving the GSK cancer drug portfolio. The two are also forming a joint venture focusing on consumer health.


Nokia CEO Rajiv Suri said he saw nothing in the company's business that would change its financial outlook, and reiterated prior comments that Nokia will benefit from the stronger dollar. Suri made his comments to reporters at the Mobile World Congress trade show in Barcelona.
Seeking Alpha 
Today's Markets:
In Asia, Japan +0.2% to 18827. Hong Kong +0.3% to 24887. China +0.8% to 3336. India +0.3% to 29459.
In Europe, at midday, London +0.2%. Paris -0.4%. Frankfurt +0.2%.
Futures at 6:20: Dow +0.2%. S&P +0.1%. Nasdaq +0.2%. Crude -1.1% to $49.21. Gold +0.3% to $1216.90.
Ten-year Treasury Yield -1 bps to 2%
Notable earnings before today's open: AMBCANFIBIDECYTEMESENDPEVEPFSS,GTIICPTJKSLXUMHRNCTOMGPMCSSESSYSSTNGVGR
Notable earnings after today's close: ARNABALTCHUYCIMCKECCMLSCODICZR,DTSIEPIQGWREHALOHTGCINNMBIMCEPMDRMTDRMYLNBRNTRI,OTC:OPWRPANWPRAASLXPSNSTKLXON
Best of Success! 

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