Tuesday, July 29, 2014 8:07 AM EDT
Morning Matters Portfolio
The S&P 500 was a bit higher since our last update albeit 0.27%. The Nasdaq Composite broke its four week losing streak as it rose 0.46%. The portfolio is now 67% invested long, 0% short and 33% in cash, net long 67%. We are now at a value of 811.27% from 800.24% last Tuesday. More...
Daily P/Laybook: Futures Higher
US futures: S&P 500 +2.50, Dow Jones +33 and NDX +6.50 with fair values flatish. Asia and Europe higher. Copper, silver and gold higher. WTI Crude lower and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher 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:
AMERICAN EXPRESS CO (AXP)
American Express (AXP) will report earnings after the close. Estimates are $1.38 versus $1.27. There is about 7% upside through yesterday's close to the price target. Technically, the stock is pulling back and $90 seems in the cards and would represent a better opportunity. More...
Articles That Matter:
Asian Stocks Hit 3 Year High & New Sanctions For Russia
Asian indexes this morning hit new three year highs. Liquidity from Central Banks is moving these markets higher. The United States and European Union are set to unleash new sanctions on Russia. More...