Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor

[Printable Version of This Page]

Market Matters:

Earnings Season Now In Full Force
by by Staff Writers

April 20, 2010

In After Hours Trading

ATHR CCK CHP CR DEL IBM LNCR PKG PNFP STLD beat estimates and FALC ICUI WERN ZION missed estimates. GILD terminates a Pase II Clinical Trial for Chronic Hepatitis.

What's Happening This Morning

Asia and Europe higher. S&P 500 and NASDAQ 100 futures are higher by 4.00 and 6.50. Brent Crude is at $85.19 with gold at $1142.10 and natural gas at $3.96. The Up Dollar ETF (UUP) closed at $23.69 higher by 0.17%. Currencies see the Yen at 92.87 with the Pound at .65 and Euro at .74. The 20 Year Treasury ETF (TLT) closed at $89.64 lower by -0.24%. High yield bonds and corporate investment grade bonds lower.

Earnings Expected

Earnings of note expected after the close AAPL GILD YHOO SYK JNPR STX CREE ALTR VMW EW NBR TSS TUP WCN TPX FULT.

Rags & Mags: Inside Wall Street

NYT reports Banking Bill is struggling to get Republican support. Lehman Examiner reports SEC "sat on its hands". GM to pay off government loans. WSJ reports former Lehman CEO Dick Fuld to testify today. European officials to allow airlines to begin flying again today.

Reported Earnings This Morning

AMTD AOS ASTE BK COH ETN GS KO OMC PH SNA UNH WWW beat estimates and BIIB EAT HOG NTRS RF missed estimates.

Data Points

Yesterday saw 1343 stocks rise and 1735 fall on the NYSE. NASDAQ saw 1026 rise and 1676 fall. The S&P 500 is now above its 50 and 200 day moving average. The 10 day spread moving average of breadth has been poaitive but fading a bit here in the past ten days. We moved back to cash last week on the Madison Market Timing Indicator.


API Crude/Oil/Gasoline/Distillate Inventories due out at 4:30 p.m. EDT.


Conference & Analyst Meetings

Analyst Meetings with CIEN JCP LULU. Conferences include Oracle and Microsoft conferences.

Conference of Note

Watch how J.C. Penny (JCP) analyst meeting plays out and its impact on other retailers.

M & A News

Key Upgrades and Downgrades

Firm Upgrades Downgrades
JP Morgan    
Goldman Sachs MGM  
Morgan Stanley    
Deutsche Bank    
Citigroup TOT  
Wachovia/Wells Fargo    
Credit Suisse MWW  
Banc of America FPL PL WDR
Lazard   GCA WXS
Merrill Lynch    
Jefferies   DLLR
Stifel Nicolaus    
Morgan Keegan    
Keefe Bruyette ZION  
Friedman Billings CBEY  
Cowen   SAI
Thomas Weisel   CSTR
American Technology    
Raymond James    
Key Banc PNK  
HSBC Securities    
Ladenburg Thalmann  
William Blair    
Collins Stewart    
Sun Trust RH    
Brean Murray    
JMP Securities    
Morgan Joseph    
Janney Montgomery    
Think Equity    
BMO Capital    
Jesup & Lamont    
Macquarie APA  
Canaccord Adams    


Market Matters Archives


Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!


Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force


Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..