Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Wednesday, July 29, 2009
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, July 28, 2009
Wednesday Watch
Late-Night Headlines
Bloomberg:
Wall Street Journal:
CNNMoney.com:
Forbes:
Rasmussen:
Reuters:
Financial Times:
Late Buy/Sell Recommendations
Citigroup:
- Upgraded .
- Reiterated Buy on (X), target $49.
- Reiterated Buy on (CSGS), target $19.
Night Trading
Asian Indices are -1.0% to +.25% on average.
S&P 500 futures -.26%.
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
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
- (MCO)/.40
- (PX)/.99
- (CCE)/.51
- (MHS)/.65
- (TWX)/.37
- (WLP)/1.44
- (Q)/.09
- (AMT)/.16
- (S)/-.02
- (SO)/.59
- (COP)/.84
- (TER)/-.24
- (ESRX)/.87
- (VAR)/.64
- (TSO)/-.40
- (OI)/.90
- (FLS)/1.92
- (CBG)/.05
- (HIG)/1.16
- (AFL)/1.14
- (SEE)/.34
- (HES)/.00
- (EQR)/.54
- (GD)/1.57
- (CTX)/-1.31
- (AKAM)/.41
- (SYMC)/.35
Economic Releases
8:30 am EST
- Durable Goods Orders for June are estimated to fall .6% versus a 1.8% gain in May.
- Durables Ex Transports for June are estimated unch. versus a 1.1% increase in May.
10:30 am EST
- Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,500,000 barrels versus a -1,796,000 barrel decline the prior week. Gasoline supplies are expected unch. versus a +813,000 barrel increase the prior week. Distillate inventories are estimated to rise by +1,000,000 barrels versus a +1,218,000 barrel increase the prior week. Finally, Refinery Utilization is expected unch. versus a -2.03% decline the prior week.
2:00 pm EST
- Fed’s Beige Book
Upcoming Splits
- None of note
Other Potential Market Movers
- The Fed’s
BOTTOM LINE: Asian indices are mostly lower, weighed down by commodity and shipping shares in the region. I expect
Stocks Finish Near Session Highs, Boosted by Airline, Education, Hospital, HMO, Biotech and Disk Drive 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
Stocks Slightly Lower into Final Hour on Healthy Consolidation of Recent Gains
Today's Headlines
Bloomberg:
Wall Street Journal:
CNBC:
NY Post:
WashingtonTimes:
Washington Post:
TheBusinessInsider:
HousingWire.com:
USA Today:
- Saudi Arabia plans to maintain a spare oil production capacity of 1.5 to 2 million barrels a day, citing an interview with Saudi Aramco Chief Executive Officer Khalid al-Falih. The kingdom has now a spare production capacity of about 4 million barrels a day, as its total output capacity reached 12 million barrels a day in June, al Falih said.
Bear Radar
Style Underperformer:
Large-cap Value (-.88%)
Sector Underperformers:
Gold (-4.70%), Oil Service (-3.57%) and Oil Tankers (-3.15%)
Stocks Falling on Unusual Volume:
SONO, TMK, MBT, QDEL, IMA, BW, ING, PFWD, KIRK, PCAR, MELI, BEAV, WGOV, AXE, AME, ORB, NTG, OLN, ACI, TBH, RSC and FPL
Stocks With Unusual Put Option Activity:
1) TWX 2) MYL 3) AGO 4) EWJ 5) MTW