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Wednesday, October 10, 2012

Stocks for Oct 11th: FAST, AMZN, JBHT, ZEP

Stock market is expected to open higher inspite of Spain downgrade. In 2012, Stock market have rallied after every downgrade. Also since S&P500, Dow jones are near 200 ma, they are expected to bounce of it before next correction begins.

dow
Dow jones expected to open higher.
Earning to Watch:



Company NameTimeTranscriptWall St
EPS Est($)
Actual
EPS($)
API TECH CORP  ATNY Before OpenN/A-0.01N/A
BANK OZARKS  OZRK After Market CloseN/A0.55N/A
CANTEL MED CORP  CMN Before OpenN/A0.31N/A
EMMIS COMM CL A  EMMS Before OpenN/AN/AN/A
FASTENAL  FAST Before OpenN/A0.37N/A
HUNT (JB) TRANS  JBHT After Market CloseN/A0.67N/A
NOVAGOLD RSRCS  NG Before OpenN/AN/AN/A
OIL DRI CORP AM  ODC After Market CloseN/A0.50N/A
SAFEWAY INC  SWY Before OpenN/A0.42N/A
WINNEBAGO  WGO Before OpenN/A0.17N/A
ZEP INC  ZEP N/AN/A0.35N/A























Economic Calendar:
SessionTimeCurrencyEventImpactActualForecastPrev.
1:00CNYChinese New Yuan Loans (11th-15th)med0.660.70
1:00CNYChinese Money Supply M2 (11th-15th)low13.613.5
1:00JPYConsumer Confidencelow40.5
2:00EURGerman HICP (Final)high2.12.1
2:00EURGerman CPI (Final)med22
2:00EURGerman HICP (Final)high
2:00EURGerman CPI (Final)med
2:45EURFrench HICPmed2.42.4
2:45EURFrench CPIlow2.22.1
2:45EURFrench HICPmed0.7
2:45EURFrench CPIlow-0.10.7
3:30USDFederal Reserve Vice Chair Yellen speaks participates on IMF panel "Japan in the Global Economy: Fiscal and Debt Challenges and Aspirations"low
4:00EURECB publishes monthly bulletinlow
4:00EUREU Commissioner Almunia discusses regional and competition policy at a European Commision eventlow
8:30USDInitial Claimsmed370367
8:30CADHouse Price Indexlow0.10.1
8:30CADMerchandise trademed-1.9-2.34
8:30USDTrade Balancemed-44-42
8:30USDImport Price Indexlow0.70.7
10:00EURPresident of the European Commission Barroso and German Chancellor Merkel meet in Berlin to prepare for leaders summit on Oct 18-19low
11:15USDFed Board Member Raskin participates in panel "Why Has Growth Becomes so Inequitable, and What To Do About It?" at 2012 Women's Forum Global Meetinglow
12:30USDFed's Plosser speaks on economic outlook before 2012 Southern Chester County Chamber of Commerce lunchlow
14:00USDBudget (11th-17th)low-190.5
18:00USDFed's Bullard speaks on US Economy in St. Louislow
19:45IMF Managing Director Lagarde holds news conferencelow
19:50JPYM2 Money Supplylow2.42.4
19:50JPYCGPIlow-1.4-1.8
19:50JPYMETI Tertiary activity indexmed0.4-0.8
20:00IEA releases medium term oil market reportmed
20:00JPYMonthly Economic Report releasedmed
20:00CNYBank of China Governor Xiaochuan speaks at International Institute of Finance eventlow