Monday, April 13, 2009

Tuesday Watch

Night Trading
Asian Indices are -.50% to +2.25% on average.
S&P 500 futures -.93%.
NASDAQ 100 futures -.79%.


Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Pre-market Stock Quote/Chart
Global Commentary
WSJ Intl Markets Performance
Commodity Futures
Top 25 Stories
Top 20 Business Stories
Today in IBD
In Play
Bond Ticker
Economic Preview/Calendar
Earnings Calendar

Conference Calendar

Who’s Speaking?
Upgrades/Downgrades
Rasmussen Business/Economy Polling


Earnings of Note
Company/EPS Estimate
- (JNJ)/1.22

- (FAST)/.34

- (CSX)/.52

- (LLTC)/.22

- (INTC)/.03


Economic Releases

8:30 am EST

- The Producer Price Index for March is estimated unch. versus a .1% gain in February.

- The PPI Ex Food & Energy for March is estimated to rise .1% versus a .2% gain in February.

- Advance Retail Sales for March are estimated to rise .3% versus a .1% decline in February.

- Retail Sales Less Autos for March are estimated unch. versus a .7% gain in February.


10:00 am EST

- Business Inventories for February are estimated to fall 1.2% versus a 1.1% decline in January.


Upcoming Splits
- None of note


Other Potential Market Movers
-
The Fed’s Evans speaking, Feds Stern speaking, weekly retail sales reports, (NCX) shareholders meeting, (DNR) analyst meeting, (SUPG) analyst meeting, (STD) shareholders meeting, (VLY) shareholders meeting, (VRGY) shareholders meeting and the (SY) shareholders meeting could also impact trading today.


BOTTOM LINE: Asian indices are mostly higher, boosted by technology and financial stocks in the region. I expect US equities to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 100% net long heading into the day.

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