Style Outperformer:
Small-cap Growth (+2.17%)
Sector Outperformers:
Construction (+2.87%), Disk Drives (+2.35%) and I-Banks (+2.05%)
Stocks Rising on Unusual Volume:
WAG, EZCH, TWGP, NWPX, CERN, DRYS, SBNY, SNDA, VLCCF, ATAC, FLIR, NNDS, FSTR, INDB, IAT, RFG, PSD, FEU, DBV, ICB, OI, VIG, DSV, JKG, NY, IWW, STC and GNI
Stocks With Unusual Call Option Activity:
1) NTAP 2) FNF 3) IR 4) HOG 5) NFLX
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Wednesday, December 31, 2008
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
Exchange Volume vs. Average
NYSE Unusual Volume
NASDAQ Unusual Volume
Hot Spots
Option Dragon
NASDAQ 100 Heatmap
DJIA Quick Charts
Chart Toppers
Real-Time Intraday Quote/Chart
Dow Jones Hedge Fund Indexes
Tuesday, December 30, 2008
Wednesday Watch
Late-Night Headlines
Bloomberg:
Wall Street Journal:
- The Lessons to Be Learned from the Madoff Scandal.
MarketWatch.com:
- The editor of the average gold-timing newsletter is more bullish today than he has been in nearly six months. That is not encouraging from a contrarian point of view.
NY Times:
BusinessWeek:
Seeking Alpha:
TechCrunch:
Reuters:
AFP:
- The Iraqi government signed a military agreement with the
Economic Times:
- Hewlett-Packard Co.(HPQ) may purchase a stake in Satyam Computer Services Ltd.(SAY).
Late Buy/Sell Recommendations
- None of note
Night Trading
Asian Indices are unch. to +1.50% on average.
S&P 500 futures +.25%.
NASDAQ 100 futures +.10%.
Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Pre-market Stock Quote/Chart
Before the Bell CNBC Video(bottom right)
Global Commentary
WSJ Intl Markets Performance
Commodity Movers
Top 25 Stories
Top 20 Business Stories
Today in IBD
In Play
Bond Ticker
Economic Preview/Calendar
Daily Stock Events
Upgrades/Downgrades
Rasmussen Business/Economy Polling
Earnings of Note
Company/EPS Estimate
- None of note
Economic Releases
8:30 am EST
- Initial Jobless Claims for last week are estimated to fall to 575K versus 586K the prior week.
- Continuing Claims are estimated to rise to 4400K versus 4370K prior.
10:35 am EST
- Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,450,000 barrels versus a -3,101,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +1,700,000 barrels versus a +3,336,000 barrel increase the prior week. Distillate inventories are estimated to rise by +1,500,000 barrels versus a +1,814,000 barrel increase the prior week. Finally, Refinery Utilization is estimated to rise +.5% versus a +.56% gain the prior week.
Upcoming Splits
- None of note
Other Potential Market Movers
- The weekly MBA mortgage applications report and NAPM-Milwaukee report could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by commodity and technology stocks in the region. I expect US equities to open mixed and to rally into the afternoon, finishing higher. The Portfolio is 100% net long heading into the day.
Stocks Finish Higher Boosted by Defense, Hospital, Steel, Financial, Technology, REIT, HMO 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 Movers
Market Wrap CNBC Video(bottom right)
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 Higher into Final Hour on Diminishing Credit Market Angst, Less Financial Sector Pessimism, Short-Covering and Bargain-Hunting
Today's Headlines
Bloomberg:
- General Motors Corp.’s(GM) bailout from the US Treasury, including billions of dollars committed to the automaker and its financing arm, has analysts predicting its bankrupt former parts unit, Delphi Corp., might get the same.
- Michael Holland, chairman of Holland & Co. likes Vanguard Convertible, Junk Bond Funds. (video)
Wall Street Journal:
Miami Herald:
Wired:
Detroit Free Press:
NetworkWorld:
Careerbuilder.com:
Publishers Weekly:
recast to "
Globe and Mail:
Gestion:
- Investments in Peruvian oil and natural-gas output will rise almost 16% next year as companies led by Perenco SA develop fields and drill more exploratory wells. Closely held Perenco plans to invest $350 million in the northern jungle Block 67 to produce 40,000 barrels of crude oil a day by 2011.
perthnow: