Wednesday, April 23, 2014 8:07 AM EDT
Changes To Morning Matters Portfolio
We are going to sell one of our names that has failed to make money so that we can raise some cash to add some new names next week. More...
Daily P/Laybook: Futures A Tad Lower
US futures: S&P -1.75, Dow Jones -3 NDX -6.70 with fair mixed. Asia lower ex Japan and Europe lower. Copper lower with silver higher with gold lower. WTI Crude and Brent Oil Futures lower. Natural Gas lower. $ is lower vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury yield -1. Prices as of 7:55 a.m. EDT. More...
Today's Superstock Investor Stock Scorecard:
APPLE INC (AAPL)
Bellwether technology company Apple (AAPL) will report after the close. Estimates are flat with an estimate of $10.16 versus $10.09 from Q1 last year. The price target sees some nice upside. The stock remains range bound and clearly the conference call will matter as investors will want to hear about second half product launches. More...
Articles That Matter:
China Data Remains Problematic
China's factory activity fell for the fourth month in a row. The HSBC Flash Purchasing Managers Index (PMI) came in at 48.3 still below 50 which divides expansion from contration. It is going to be hard for U.S. stocks to break out until there is improvement in China's economy. More...