Top alert for 2014: MYGN (50%), LIVE (45%), CTIC (115%), KOOL (88%), PZG (32%), GOLD (6%), IOC (6%), RSOL(18%), PLUG (70%), IMMU (26%)

Wednesday, January 25, 2012

Stocks for Jan 26th: SNDK, NFLX, RIMM, JBLU,

The market has topped after S&P500 hit 1328 level. The market is expected to decline till Monday as there are still chances of ECB fine tuning operation on Tuesday. Tomorrow S&P500 should break 1308 level to enter in zone where it can further sell off of 5% very quickly. Mr. President hasn't used his veto power to raise debt ceiling yet and as per US treasury department it will default if the debt ceiling is not raised on Jan 27th.

Stocks expected to open high: NFLX, RIMM, JBLU, X, KOG
Stocks expected to open low: ETFC, SNDK, TSRX, EQT

Stocks reporting Earning before market open: MMM, CAT, ABC, BMY, CELG, CL, COV, LMT, NOK, MWW, POT, TWC, UAL

Stocks reporting Earning market close: ABAX, BVSN, CRUS, DLA, RVBD, VRSN, TNAV


08:30 USDChicago Fed National Activity-0.37
08:30 USDContinuing Jobless Claims3432K
08:30 USDCore Durable Goods Orders (MoM)0.9%0.3%
08:30 USDInitial Jobless Claims370K352K
08:30 USDDurable Goods Orders (MoM)2.0%3.7%
09:45 USDBloomberg Consumer Confidence-47.4
10:00 USDNew Home Sales320K315K
10:00 USDCB Leading Index (MoM)0.7%0.5%
10:30 USDNatural Gas Storage-91B-87B

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