Style Underperformer:
Large-cap Growth (+4.38%)
Sector Underperformers:
Gold (-6.14%), Foods (+2.23%) and Tobacco (+2.50%)
Stocks Falling on Unusual Volume:
GOLD, NEM, CMTL, AVAV, LIHR, SSRI and BF/B
Stocks With Unusual Put Option Activity:
1) ROH 2) NRG 3) PCAR 4) UTX 5) SNDA
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Tuesday, March 10, 2009
Bear Radar
Bull Radar
Style Outperformer:
Small-cap Value (+6.21%)
Sector Outperformers:
Homebuilders (+10.80%), I-Banks (+9.15%) and Banks (+8.98%)
Stocks Rising on Unusual Volume:
DB, RTP, JPM, MICC, E, PTR, CGX, ANDE, WAG, APA, CASY, PEGA, HELE, XNPT, DRIV, PENN, CWEI, CTXS, BWLD, BJRI, SGMS, PLCE, RAVN, WYNN, HIBB, NTRI, LBTYA, ARL, PVG, ROH, AZZ, KYE, KSP, PEO, NC, DEP and SUR
Stocks With Unusual Call Option Activity:
1) DIS 2) RCL 3) PCAR 4) CRM 5) CNQ
Links of Interest
Market Performance Summary
Style Performance
Sector Performance
WSJ Data Center
Top 20 Biz Stories
IBD Breaking News
Movers & Shakers
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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
Monday, March 09, 2009
Tuesday Watch
Late-Night Headlines
Bloomberg:
-
- The cost of protecting investors in Asia-Pacific bonds from default rose on concern financial services companies will be hit by more losses after the World Bank predicted a global economic contraction. The Markit iTraxx
-
Wall Street Journal:
- About 35% of US companies in China expect sales in the country to drop this year, more than double the year earlier figure, citing an American Chamber of Commerce in China survey. Of the respondents, 37% are delaying
Reuters:
- Egypt’s real estate market loses its fizz.
Late Buy/Sell Recommendations
Citigroup:
- Reiterated Buy on (TXN), target $16.
Night Trading
Asian Indices are -.50% to +.75% on average.
S&P 500 futures +.87%.
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
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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
- (DKS)/.52
- (KR)/.51
- (BF/B)/.80
- (JCG)/-.27
- (HOV)/-1.62
- (APEI)/.23
Economic Releases
10:00 am EST
- Wholesale Inventories for January are estimated to fall 1.0% versus a 1.4% decline in December.
Upcoming Splits
- None of note
Other Potential Market Movers
- The weekly retail sales reports, IDB/TIPP Economic Optimism Index, (ACIW) analyst day, (FIC) analyst meeting, Bernanke speaking on bank regulation, (CVX) analyst meeting, (TEL) meeting of shareholders, (DIS) meeting of shareholders, Raymond James Institutional Investors Conference, JPMorgan Aviation & Transportation Conference, Barclays Healthcare Conference, Deutsche Bank Hospitality & Gaming Conference, (AMAT) meeting of stockholders, (APC) investor conference and the (ADI) shareholder meeting could also impact trading today.
BOTTOM LINE: Asian indices are mostly lower, weighed down by technology 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 50% net long heading into the day.
Stocks Finish Lower, Weighed Down by Gold, Technology, Hospital, Road & Rail and Airline Shares
Market Summary
Top 20 Biz Stories
Today’s Movers
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Timely Economic Charts
GuruFocus.com
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In Play