Thursday, March 06, 2014 8:07 AM EST
Weekly Charts Updated
Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG and CFT. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class. More...
Daily P/Laybook: Futures Higher
US futures: S&P +3, Dow Jones +31 NDX +4.70 with fair value a tad higher with no impact on open. Asia higher. Europe higher. Copper, silver and gold lower. WTI Crude and Brent Oil Futures lower. Natural Gas higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury yield +1. Prices as of 7:30 a.m. EST More...
Today's Superstock Investor Stock Scorecard:
COOPER COMPANIES INC (COO)
Cooper Companies (COO) the maker of contact lenses and medical devices will report earnings after the close. Estimates are $1.45 versus $1.23. We know this company well and the company has a tendency to miss on earnings. In fact, the company has missed estimates in three of the last eight quarters. The stock still has some nice upside so it is an interesting idea. However, give the earnings history if this name is of interest we would wait until Friday morning to buy. More...
Articles That Matter:
Game, Set, Match To Putin. Obama No Where To Be Found
The vote by the Crimean Parliament to secede from Ukraine and rejoin Russia is a huge victory for Russian President Putin and a defeat for the west. However, it is a plus for stocks as this conflict has now probably run its course. Worth the read. More...