How Persistent Are You?

Good morning Folks, 

We had a a fairly choppy day yesterday as the markets absorb and consolidate moving into some significant earnings this week. 

This morning we get earnings out of  LMT, 3M, BP, FCX, Lilly, JBLU, AK Steel,Coach . After the close we have AAPL, TWTR, CMG, T, EBAY, ABX, BWLD and CREE. That is a a good mix of companies that could act as catalysts for their perspective sectors. 

In this weeks stocks to watch video we talked about keeping an eye on the solar industry and I had a significant amount of oil names on my list. Unfortunately oil took a breather yesterday and that wasn't good for either sector. There was also an article out  suggesting that the issues SUNE had could be spreading to others names in the solar space. Without reading the article I have no opinion on whether their was any validity to the thesis. However, if oil rolls over and energy names go with it, solar names are likely going to follow.

The IBB continues to consolidate heading into earnings from some of the big boys in the sector on Thursday. Technically the IBB still looks very constructive. SRPT panel denial after the close was disappointing and the stock is getting punished in premarket. 

Gold and miners could be consolidating for another move higher but like we talked about over the weekend we need to pay close attention to the strength of the dollar. 

Cyber security and agriculture held up extremely well yesterday and remain sectors to keep an eye on. 

If the markets start rolling over then volatility is also a place you want to pay close attention to TVIX, UVXY.

Today's Markets 

In Asia, Japan +0.5% to 17353. Hong Kong +0.5% to 21407. China +0.3%to 9648. India +1.3% to 26007. 
In Europe, at midday, London +0.3%. Paris -0.2%. Frankfurt flat. 
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq flat. Crude +0.8% to $42.98. Gold -0.4% to $1235.45. 
Ten-year Treasury Yield +1 bps to 1.91%.

Today's Economic Calendar
FOMC meeting begins
8:30 Durable Goods
8:55 Redbook Chain Store Sales
9:00 S&P Case-Shiller Home Price Index
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
10:00 Richmond Fed Mfg.
1:00 PM Results of $34B, 10-Year Note Auction Companies reporting earnings today

ETF's on my Radar 

Volatility & SPY                                     OIL                                                  Biotech
UVXY XIV VXX TVIX SPXS SPXL      UWTI DWTI GUSH DRIP         LABD IBB LABU      

 Gold                                SILVER         Dollar                                Financials

GLD NUGT JNUG             USLV          UUP                                 FAS XLF FAZ

Minerals and Miners                   Utilities           RETAIL                    Transportation              

XME GDX GDXJ                      XLU             XRT                         IYT  XTN

DUST JDST  

Agriculture 

DBA, DAG

Stocks on my Radar Premarket 

SRPT potential snap back bounce play Day Trade only 
TMUS earnings beat 
EXEL pr yesterday recent insider buy @ 4.99 lil gapper premarket 
RMTI FDA approval trendline break potential 10 test and roll 

ATRC FDA News potential 17 roll 

CYNO earnings >working on all time highs with a premarket pop  
PETX  PR decent balance sheet lil gapper small float 

Stocks discussed in this week Ticker TV video are below the video replay is in the Ticker Tv section the right of the page.