Last week, Fed decided to pause printing temporarily based on the total federal reserve data, which should translate into small pullback this week. Based on chart, there is a divergence going on between indicator and the price action. Monday market should open low and close in red based on chart. Important resistance for day trading is listed http://www.freefdawatchlist.com/2013/03/resistance-level-for-april-1st-5th-ftse.html
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| Dow Jones Industrial Average suggest small pullback if any can happen this week. |
I'll be watching CALM, BBRY, DQ, RPRX for day trading.
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 7:30 | Survey of Expectations | high | ||||||||
| 8:58 | USD | Manufacturing PMI | low | 55.2 | 54.9 | |||||
| 10:00 | USD | ISM Manufacturing | high | 54.2 | 54.2 | |||||
| 10:00 | USD | Construction Spending | low | 0.8 | -2.1 | |||||
After Hours Movers
Earning Calendar:
Cal-Maine Foods, Inc. ( CALM ) is reporting for the quarter ending February 28, 2013. The food company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.15. This value represents a 5.50% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CALM is 16.34 vs. an industry ratio of 21.90.
Derma Sciences, Inc. ( DSCI ) is reporting for the quarter ending December 31, 2012. The medical/dental supplies company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.31. This value represents a 34.78% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 39 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for DSCI is -12.14 vs. an industry ratio of 5.40.
After Hour Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| BONA FILM-ADR BONA | After Market Close | N/A | 0.03 | N/A |
| FLEXIBLE SOLTNS FSI | After Market Close | N/A | -0.04 | N/A |
| IMAGEWARE SYS IWSY | After Market Close | N/A | N/A | N/A |
| LIFEWAY FOODS LWAY | After Market Close | N/A | 0.06 | N/A |
| MULTIBAND CP MBND | After Market Close | N/A | N/A | N/A |
| OXYSURE SYSTEMS OXYS | After Market Close | N/A | -0.01 | N/A |
| TELKONET INC TKOI | After Market Close | N/A | N/A | N/A |
| WIDEPOINT CORP WYY | After Market Close | N/A | N/A | N/A |
| ZAZA ENERGY CP ZAZA | After Market Close | N/A | N/A | N/A |
