Thursday, May 01, 2014 8:07 AM EDT
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 Flatish Despite Merger Thursday
US futures: S&P -0.5, Dow Jones -3 NDX +7 with fair value a bit higher hurting the open. Asia higher ex Hong Kong and Europe . Copper, silver and gold lower. WTI Crude and Brent Oil Futures lower. Natural Gas lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury yield +1. Prices as of 7:55 a.m. EDT. More...
Today's Superstock Investor Stock Scorecard:
KRAFT FOODS GROUP INC (KRFT)
Kraft (KRFT) will report earnings after the close. Estimates are $0.77 versus $0.76. Hardly strong growth but our scorecard favors the name. Until momentum stocks return to favor, this could be a nice stable play. More...
Articles That Matter:
Potential mergers continue to come fast and furious. This morning Sprint may bid for T-Mobile and AT&T may bid for DirecTV. More...