Sunday, February 22, 2009

Monday Watch

Weekend Recommendations
- Made positive comments on (HPQ), (L) and (NTRS).


- Upgraded (LTD) to Buy, target $10.

- Upgraded (NILE) to Buy, target $30.

Night Trading
Asian indices are -1.25% to +1.75% on avg.
S&P 500 futures +1.04%.
NASDAQ 100 futures +1.07%.

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

Conference Calendar

Who’s Speaking?
Rasmussen Business/Economy Polling

Earnings of Note
- (FST)/.30

- (ONXX)/-.65

- (MHK)/.24

- (JWN)/.30

- (CPB)/.64

- (HTZ)/.06

Upcoming Splits

- None of note

Economic Releases

- None of note

Other Potential Market Movers
- The Fed’s Lockhart speaking, Fed’s Fisher speaking, (HON) investor conference and Dallas Fed Manufacturing Activity Index could also impact trading today.

BOTTOM LINE: Asian indices are mostly higher, boosted by financial and technology shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 75% net long heading into the week.

No comments: