Futures Crawl Back To Positive From Down -11 On The S&P 500 to +4
In After Hours Trading
IPOs on deck none of note today but 7 on track for this week. Secondaries of note PSDO REVB.
Filings after close .
data courtesy of IPO Financial
In After Hours Trading: SURPRISES ORCL +.03. FLAT: MISSED: FDX -.37.
Lower Guidance: .
Mixed Guidance: FDX ORCL.
Positive Guidance: .
What's Happening This MorningU.S. futures: S&P +4, Dow Jones +53, NDX +6 and Russell 2000 +4.40 with fair values lower helping gains. Asia and Europe mixed to higher.
Gold flat to up slightly with cooper and silver higher. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury price 119.16 with yields lower overnight. Prices as of 8:00 a.m. EDT.
Top Sectors Utilities and Materials.
Weak Sectors Services and Technology.
One month winners Healthcare,Consumer Goods, Services and Technology.
Three Month Winners Healthcare, Consumer Goods, Services and Technology.
Six Month Winners Conglomerates, Services and Technology.
One Year Winners All except for Utilities.
Year To Date Conglomerates, Healthcare and Services.
Earnings ExpectedEarnings due after the close (by avg. trade volume): none of note.
Earnings due Monday: CPRT USAT .
Rags & Mags: Inside Wall StreetPresident Trump warned China not to hit back at farmers and manufacturers. (Twitter)
Commerce Secretary Wilbur Ross says China is out of bullets. (CNBC)
Salesforce (CRM) to compete with Microsft (MSFT) and powerpoint. Hint Google (GOOGL) does already. (CNBC)
China vows to retaliate. (Bloomberg)
Alibaba (BABA) Chairman Jack Ma warns trade war could last 20 years. (Bloomberg)
Flooding a big problem in North Carolina. (NYT)
Elon Musk and his company Space X to go circle the Moon with first tourist. (Google News)
HBO (T) and Netflix (NFLX) tie at the Emmy awards. (WSJ)
Reported Earnings This MorningReported This Morning: SURPRISES AZO +.63 GIS +.07. FLAT: MISSED: APOG -.07.
Lower Guidance: APOG.
Current Morning missing: .
Mixed Guidance: .
Positive Guidance: .
Yesterday saw 1146 stocks rise and 1735 fall on the NYSE. NASDAQ saw 971 rise and 2059 fall.
The SP 500 is above its 50 day exponential moving average and is above its 200 day exponential moving average. The Russell 2000 is above its 50 day moving exponential average and is above 200 day exponential moving average.
The 10 day spread moving average of breadth moved to cash last week. The Madison Market Timing Indicator is still invested.
YTD 55% of stocks are higher and 45% are lower. Updated 9/14/18 close.
EconomicsNAHB Housing Market Index is due out at 10:00 a.m. EDT and is expected to fall to 66 from 67.
PoliticoThe United Nations General Assembly reconvenes for the fall session.
Conference & Analyst MeetingsMeetings, Conference Calls or Announcements of note, MB DHR JAZZ BWA DVMT BRO RACE RAVN MBFI.
Janney Montgomery Scott Healthcare Conference.
Conference of NoteIBC 2018.
M & A News
Key Upgrades and Downgrades
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.
Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:
Get access to information from publications like:
Not a Subscriber?
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..