Monday, February 02, 2004

Tuesday Watch

Earnings Announcements
Company/Estimate
ASYT/-.22
AVP/1.04
CSCO/.17
CECO/.47
EMR/.57
DIOD/.22
HCA/.60
SINA
TYC/.32
ZIXI/-.23

Economic Data
Auto Sales/Total Sales estimated at 16.8M vs. 18.0 last month

Market Movers
See After-Hours below
AFL up on earnings release...new premium sales in 4th $345M...best in company's history
PFE won FDA approval for a new drug combining Lipitor and Norvasc

Late-night News
Ricin, a poisonous substance, was found in the mailroom of the U.S. Senate building.
Asian bird flu death total hits 12.
North Korea agrees to nuclear talks on Feb. 25.
Janet Jackson admitted Super Bowl stunt was planned
Tradesports.com is projecting an 81% chance of Edwards winning South Carolina primary...Kerry 21%
Tradesports.com is projecting a 94% chance of Kerry winning Arizona...Edwards 3%
Tradesports.com is projecting a 50% chance of Clark winning Oklahoma...Kerry 49%...Edwards 5%
Tradesports.com is projecting a 97% chance of Kerry winning Missouri...Clark 2%
Asian markets are down 1-2% on avg.
S&P 500 indicated down .1%
NASDAQ indicated down .2%

Bottom Line: Tomorrow will most likely be negative on terror fears, Asian market weakness, bird flu, and today's late day sell-off. I may look to add a short or 2 depending on the how we open.


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