Style Outperformer:
Small-cap Value (+2.53%)
Sector Outperformers:
Airlines (+3.05%), Networking (+2.64%) and Restaurants (+2.44%)
Stocks Rising on Unusual Volume:
AIG, BLKB, KTC, FCX, BBL, E, PTR, IBKC, AMAG, FELE, FUQI, PRAA, SCHN, VECO, PWRD, RDEA, STEC, WERN, PLCE, CRMT, BIIB, CYOU, ADTN, HURN, ZRAN, CENT, UFCS, TPL, SNX, OSK, EVY, LNN, UNF, SNY, SWM, DTG, WHI, STZ, AXE, FCN and GIS
Stocks With Unusual Call Option Activity:
1) KLAC 2) NVLS 3) SLE 4) OSK 5) UTX
Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Wednesday, July 01, 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
Tuesday, June 30, 2009
Wednesday Watch
Late-Night Headlines
Bloomberg:
Wall Street Journal:
NY Times:
IBD:
Politico:
Rasmussen:
CommonDreams.Org:
TheDeal.com:
Late Buy/Sell Recommendations
Citigroup:
- Reiterated Buy on (GLW), target $20.50.
Night Trading
Asian Indices are -.75% to +.25% on average.
Asia Ex-Japan Inv Grade CDS Index unch..
S&P 500 futures -.03%.
NASDAQ 100 futures +.03%.
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
- (STZ)/.32
- (GIS)/.81
- (NS)/.98
Economic Releases
8:15 am EST
- The ADP Employment Change for June is estimated to shrink to -395K versus -532K in May.
10:00 am EST
- ISM Manufacturing for June is estimated to rise to 44.6 versus 42.8 in May.
- ISM Prices Paid for June is estimated to rise to 47.0 versus 43.5 in May.
- Construction Spending for May is estimated to fall .6% versus a .8% gain April.
- Pending Home Sales for May are estimated unch. versus a 6.7% gain in April.
10:30 am EST
- Bloomberg consensus estimates call for a weekly crude oil inventory decline of -2,000,000 barrels versus a -3,868,000 barrel decrease the prior week. Gasoline supplies are estimated to rise by +2,000,000 barrels versus a +3,871,000 barrel gain the prior week. Distillate inventories are expected to rise by +1,500,000 barrels versus a +2,077,000 barrel increase the prior week. Finally, Refinery Utilization is estimated to rise by +.05% versus a +1.16% gain the prior week.
Afternoon:
- Total Vehicle Sales for June are estimated at 9.8M versus 9.9M in May.
Upcoming Splits
- None of note
Other Potential Market Movers
- The Fed’s Evans speaking, weekly MBA mortgage applications report and the Challenger Job Cuts report could also impact trading today.
BOTTOM LINE: Asian indices are mostly lower, weighed down by insurance and commodity shares in the region. I expect US equities to open modestly lower and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the day.
Stocks Finish Lower, Weighed Down by Hospital, Commodity, Airline and Financial 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