In 26 year, Microsoft posted first ever loss of 6 cent a share. Google reported quarterly earnings that beat Wall Street's expectations, but revenue fell slightly short but both stocks were up after hours. Most of the data are now pointing more slowdown and gloomy outlook and raising hopes of QE 3 from Fed, which I think will not happen but the computer programs are set to run higher on every bad news which makes difficult to trade in this crazy environment.
For bullish sentiment, Dow needs to break 12,977 and S&P500 needs to break 1382.
For bearish sentiment, Dow needs to break 12,922 and S&P500 needs to break 1368.
For bullish sentiment, Dow needs to break 12,977 and S&P500 needs to break 1382.
For bearish sentiment, Dow needs to break 12,922 and S&P500 needs to break 1368.
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| Dow expected to open low, if Dow future could open just 10 point down. |
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| Dow chart analysis shows 200 ma acted major support. At the close, Blue line (100 Ma) is about to cross green line (200 Ma) which is the first sign of bearish sign. |
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| S&P500 futures needs to be 2 point down, to bring S&P500 to best 1364 level. |
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| TVIX is near bottom, but it has been not able to break important resistance of 3.32 |
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| UVXY is near bottom but it need to break 6.96 and close above the resistance |
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| Short term there is bullish trend as long as ARNA is able to stay about 9.60 |
No important economic report scheduled. So watch out for rumor.
After Hour Trading:
Earning Calendar
After Hour Trading:
| Percentage Gainers | |||||||||
| Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
| Lattice Semiconductor | LSCC | 21,694 | $4.10 | 0.52 |  14.53 | $4.10 | $3.57 | ||
| Gramercy Capital | GKK | 5,942 | 2.80 | 0.34 | 13.82 | 2.80 | 2.46 | ||
| SanDisk | SNDK | 1,757,298 | 39.00 | 3.92 | 11.17 | 39.50 | 34.26 | ||
| Merrimack Pharmaceuticals | MACK | 5,476 | 7.98 | 0.73 | 10.07 | 8.00 | 7.25 | ||
| SunCoke Energy | SXC | 177,355 | 16.30 | 1.28 | 8.52 | 16.35 | 15.02 | ||
| Barclays Bank iPath S&P 500 VIX Mid Term Futures ETN | VXZ | 7,091 | 43.98 | 3.27 | 8.03 | 43.98 | 40.66 | ||
| Percentage Decliners | |||||||||
| Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
| Freescale Semiconductor | FSL | 12,400 | $9.01 | -1.20 | -11.75 | $10.21 | $8.50 | ||
| Rambus | RMBS | 34,332 | 4.71 | -0.50 | -9.68 | 5.21 | 4.71 | ||
| Gold Resource | GORO | 8,052 | 23.24 | -1.98 | -7.85 | 25.22 | 23.24 | ||
| Staar Surgical | STAA | 24,278 | 7.49 | -0.59 | -7.30 | 8.13 | 7.49 | ||
| Chipotle Mexican Grill Cl | CMG | 296,365 | 378.98 | -24.88 | -6.16 | 417.00 | 378.88 | ||
| Supernus Pharmaceuticals | SUPN | 13,747 | 14.00 | -0.86 | -5.79 | 14.86 | 13.91 | ||
Earning Calendar
| Company | Symbol | Period | Estimated EPS | Year Ago EPS | Actual EPS | Time | Details |
|---|---|---|---|---|---|---|---|
| Acme United Corp | ACU | Q2 12 | $ 0.56 | $ 0.56 | $ | Before Market Open | - |
| CoBiz Financial Inc | COBZ | 2Q12 | $ 0.11 | $ 0.08 | $ | Time not Supplied | - |
| American Electric Power Co Inc | AEP | Q2 12 | $ 0.70 | $ 0.73 | $ | Before Market Open | - |
| Orkla ASA | ORKLY.PK | Q2 12 | $ N/A | $ N/A | $ | Before Market Open | - |
| Sensient Technologies Corp | SXT | Q2 12 | $ 0.71 | $ 0.67 | $ | Before Market Open | - |
| Manpower Inc | MAN | Q2 12 | $ 0.72 | $ 0.87 | $ | Before Market Open | - |
| MoSys, Inc | MOSY | 2Q12 | $ -0.15 | $ -0.11 | $ | Before market open | - |
| MoSys, Inc | MOSYS | 2Q12 | $ -0.15 | $ -0.11 | $ | Before market open | - |
| MoSys, Inc | 6MBUV@JY | 2Q12 | $ -0.15 | $ -0.11 | $ | Before market open | - |
| First Horizon National | FHN | Q2 12 | $ 0.13 | $ 0.08 | $ | Before Market Open | , |
| West Fraser Timber Co. Ltd. | WFT.TO | Q2 12 | $ N/A | $ N/A | $ | Time not supplied | - |
| Ingersoll-Rand PLC | IR | 2Q12 | $ 0.91 | $ 0.88 | $ | Before Market Open | - |
| MetroCorp Bancshares Inc. | MCBI | Q2 12 | $ 0.10 | $ 0.13 | $ | After Market Close | . |
| IDEXX Laboratories Inc | IDXX | Q2 12 | $ 0.91 | $ 0.83 | $ | Time not supplied | - |
| Eastern Virginia Bankshares Inc. | EVBS | Q2 12 | $ 0.03 | $ -0.05 | $ | Time not supplied | - |
| Autoliv Inc | ALV | Q2 12 | $ 1.40 | $ 1.54 | $ | Time not supplied | - |
| Xerox Corp. | XRX | Q2 12 | $ 0.26 | $ 0.27 | $ | Before market open | - |
| SunTrust Banks Inc. | STI | Q2 12 | $ 0.43 | $ 0.33 | $ | Before Market Open | - |
| General Electric Co | GE | Q2 12 | $ 0.38 | $ 0.34 | $ | Before Market Open | - |
| Badger Meter Inc. | BMI | Q2 12 | $ 0.54 | $ 0.52 | $ | Time Not Supplied | , |
| Baker Hughes | BHI | Q2 12 | $ 0.78 | $ 0.93 | $ | Before Market Open | - |
| Schlumberger Ltd. | SLB | Q2 12 | $ 1.02 | $ 0.87 | $ | Before Market Open | - |
