Style Outperformer:
Large-cap Value (+.03%)
Sector Outperformers:
HMOs (+2.20%), Energy (+1.25%) and Utilities (+1.18%)
Stocks Rising on Unusual Volume:
POR, GFI, BW, SU, RTP, AU, UNS, RDS/A, JCOM, ARST, TNDM, FWLT, OSIP and RGR
Stocks With Unusual Call Option Activity:
1) IBN 2) NSM 3) FWLT 4) NKE 5) WDC
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Friday, March 06, 2009
Bull Radar
Links of Interest
Market Performance Summary
Style Performance
Sector Performance
WSJ Data Center
Top 20 Biz Stories
IBD Breaking News
Movers & Shakers
Upgrades/Downgrades
In Play
NYSE Unusual Volume
NASDAQ Unusual Volume
Hot Spots
Option Dragon
NASDAQ 100 Heatmap
Chart Toppers
Real-Time Intraday Quote/Chart
HFR Global Hedge Fund Indices
Thursday, March 05, 2009
Friday Watch
Late-Night Headlines
Bloomberg:
- The cost of protecting Australian corporate bonds from default climbed to a record on rising unemployment data from the
- The Dow Jones Industrial Average fell 20% since Inauguration Day, the fastest drop under a new president ever, as investors speculated Barack Obama’s stimulus measures won’t revive the economy anytime soon. “We don’t know what the rules are in so many different areas the government is touching,” said Dan Veru, who helps oversee $2.8 billion at Palisade Capital Management in
- Earnings estimates for Asian stocks outside
Wall Street Journal:
Reuters:
TimesOnline:
21st Century Business Herald:
-
Late Buy/Sell Recommendations
- None of note
Night Trading
Asian Indices are -1.50% to -.25% on average.
S&P 500 futures -.25%.
NASDAQ 100 futures -.23%.
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
Who’s Speaking?
Upgrades/Downgrades
Rasmussen Business/Economy Polling
Earnings of Note
Company/EPS Estimate
- (ANN)/-.55
- (HRB)/.10
Economic Releases
8:30 am EST
- The Change in Non-farm Payrolls for February is estimated at -650K versus -598K in January.
- The Unemployment Rate for February is estimated at 7.9% versus 7.6% in January.
- Average Hourly Earnings for February are estimated to rise .2% versus a .3% gain in January.
3:00 pm EST:
- Consumer Credit for January is estimated at -$5.0B versus -$6.6B in December.
Upcoming Splits
- None of note
Other Potential Market Movers
- The Fed’s
BOTTOM LINE: Asian indices are lower, weighed down by commodity and automaker stocks in the region. I expect US equities to open modestly higher and to weaken into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.
Stocks Finish at Session Lows, Weighed Down by Financial, Airline, REIT, HMO and Commodity Shares
Market Summary
Top 20 Biz Stories
Today’s Movers
Market Performance Summary
WSJ Data Center
Sector Performance
ETF Performance
Style Performance
Commodity Futures
S&P 500 Gallery View
Timely Economic Charts
GuruFocus.com
PM Market Call
After-hours Commentary
After-hours Movers
After-hours Real-Time Stock Bid/Ask
After-hours Stock Quote
After-hours Stock Chart
In Play
Stocks Sharply Lower into Final Hour on Rising Financial Sector Worries, Increasing Economic Pessimism, Surging Credit Market Angst, More Shorting
Today's Headlines
Bloomberg:
Wall Street Journal:
- Venezuela's top food company Empresas Polar called Thursday for talks with the government after President Hugo Chavez threatened to take it over and nationalized a unit owned by a U.S. food giant Cargill. With the threats and the move against Cargill, Chavez has renewed a two-year nationalization drive just weeks after he won a referendum allowing him to run for re-election.
Barron’s:
Washington Times:
Wealth Bulletin:
USA Today:
- A $410 billion bill that would keep the government running through September directs $227 million to pet projects for former lawmakers, including an ex-congressman facing corruption charges, a USA TODAY analysis shows.
Estado:
- Brazilian Textile Exports Declined 36% in February.
Interfax:
- Russian airlines sold 20% fewer tickets in February compared with the same month last year, citing the Federal Transportation Agency.
RIA Novosti: