Style Underperformer:
Small-cap Growth (+1.58%)
Sector Underperformers:
Steel (-5.08%), Gold (-2.61%) and Alternative Energy (-.60%)
Stocks Falling on Unusual Volume:
CHU, NUE, MT, CLF, ENER, SPWRA, FSLR, PFCB, CA and ZEUS
Stocks With Unusual Put Option Activity:
1) PHM 2) IP 3) AA 4) SINA 5) NUE
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Tuesday, March 17, 2009
Bear Radar
Bull Radar
Style Outperformer:
Mid-cap Value (+1.39%)
Sector Outperformers:
Education (+5.43%), Homebuilders (+3.16%) and Retail (+2.93%)
Stocks Rising on Unusual Volume:
SHG, MCY, KB, KSS, PKX, NVS, WAG, STRA, SOHU, CEPH, USTR, LBTYA, CPLA, NU, YPF, FDS, PDA and SHG
Stocks With Unusual Call Option Activity:
1) AEO 2) VRTX 3) ARO 4) M 5) AMD
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
Monday, March 16, 2009
Tuesday Watch
Late-Night Headlines
Bloomberg:
- Berkshire Hathaway Inc.(BRK/A) may lose its AAA rating from Moody’s Investors Service or Standard & Poor’s, Citigroup Inc. analysts wrote in a report today. Downgrades “should be expected” after Fitch Ratings cut
- Holders of bonds from banks receiving
Wall Street Journal:
NY Times:
- Stimulus Money Puts Clean Coal Projects on a Faster Track.
- Allergan’s(AGN) Botox Is Used to Treat Stroke Patients.
BusinessWeek:
IBD:
AP:
Reuters:
AFP:
- Former Iranian President Mohammad Khatami officially announced his intention to withdraw from the presidential election in June. Khatami said he was pulling out to avoid dividing the vote for reformist candidates.
Edge Financial Daily:
-
Late Buy/Sell Recommendations
- None of Note
Night Trading
Asian Indices are -.25% to +1.75% on average.
S&P 500 futures -.08%.
NASDAQ 100 futures -.04%.
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
- (FDS)/.70
- (DRI)/.68
- (GES)/.51
- (ADBE)/.44
- (MGM)/.14
Economic Releases
8:30 am EST
- The Producer Price Index for February is estimated to rise .4% versus a .8% gain in January.
- The PPI Ex Food & Energy for February is estimated to rise .1% versus a .4% gain in January.
- Housing Starts for February are estimated to fall to 450K versus 466K in January.
- Building Permits for February are estimated to fall to 500K versus 531K in January.
Upcoming Splits
- None of note
Other Potential Market Movers
- The weekly retail sales reports, Cowen Healthcare Conference, Jeffries Global Clean Tech Conference and the JPMorgan Gaming/Lodging/Restaurant/Leisure Conference could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by financial and commodity stocks in the region. I expect US equities to open mixed and to weaken into the afternoon, finishing modestly lower. The Portfolio is 75% net long heading into the day.
Stocks Finish Lower, Weighed Down by Technology, REIT, Airline, Education and Homebuilding 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