Stock market is expected to open flat higher tomorrow. But rest of the day direction depends on the outcome of Jobless claim at 8.30am EST. Its very tough to trade this market, as Monday market was down 266 point and then Tuesday it rallied 159 and today it dropped 140 point for no reason. There is no doubt market is overpriced and overbought and it should be much down. Tomorrow is the big day for market, if Dow jones manages to close below 14645, it will be in huge trouble. Don't buy and hold this market. If you make profit move out and don't hold any stock overnight, unless your long term trader. VIX is still in contango inspite of 35% rally this week. Big Dow component IBM will announce earning after hour.
I'll be trading JCP, INFY, YUM, SNDK, SCSS, AAPL, UVXY
Economic Calendar:
After Hours Movers
Premarket Earning:
Philip Morris International Inc ( PM ) is reporting for the quarter ending March 31, 2013. The tobacco company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.35. This value represents a 8.00% increase compared to the same quarter last year. PM missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.72%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PM is 16.60 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry.
Verizon Communications Inc. ( VZ ) is reporting for the quarter ending March 31, 2013. The diversified company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.66. This value represents a 11.86% increase compared to the same quarter last year. The last two quarters VZ had negative earnings surprises; the latest report they missed by -28.3%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for VZ is 18.28 vs. an industry ratio of 39.90.
Pepsico, Inc. ( PEP ) is reporting for the quarter ending March 31, 2013. The beverages company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.71. This value represents a 2.90% increase compared to the same quarter last year. In the past year PEP has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.81%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PEP is 18.22 vs. an industry ratio of 20.60.
Union Pacific Corporation ( UNP ) is reporting for the quarter ending March 31, 2013. The transportation (rail) company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.96. This value represents a 9.50% increase compared to the same quarter last year. In the past year UNP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for UNP is 14.88 vs. an industry ratio of 18.70.
UnitedHealth Group Incorporated ( UNH ) is reporting for the quarter ending March 31, 2013. The hmo company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.16. This value represents a 11.45% decrease compared to the same quarter last year. In the past year UNH has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for UNH is 11.38 vs. an industry ratio of -14.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Morgan Stanley ( MS ) is reporting for the quarter ending March 31, 2013. The investment bankers company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.56. This value represents a 21.13% decrease compared to the same quarter last year. MS missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -62.79%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MS is 10.56 vs. an industry ratio of 16.00.
Danaher Corporation ( DHR ) is reporting for the quarter ending March 31, 2013. The diversified operations company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.76. This value represents a 4.11% increase compared to the same quarter last year. DHR missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -1.28%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DHR is 17.67 vs. an industry ratio of 14.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Baxter International Inc. ( BAX ) is reporting for the quarter ending March 31, 2013. The medical products company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.04. This value represents a 2.97% increase compared to the same quarter last year. In the past year BAX has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BAX is 15.21 vs. an industry ratio of 14.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Freeport-McMoran Copper & Gold, Inc. ( FCX ) is reporting for the quarter ending March 31, 2013. The mining company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.74. This value represents a 22.92% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for FCX is 7.05 vs. an industry ratio of -5.80, implying that they will have a higher earnings growth than their competitors in the same industry.
BB&T Corporation ( BBT ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 21 analysts that follow the stock is $0.67. This value represents a 9.84% increase compared to the same quarter last year. In the past year BBT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BBT is 10.49 vs. an industry ratio of 11.40.
PPG Industries, Inc. ( PPG ) is reporting for the quarter ending March 31, 2013. The chemical company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.56. This value represents a 13.81% decrease compared to the same quarter last year. PPG missed the consensus earnings per share in the 4th calendar quarter of 2012 by -0.65%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PPG is 17.32 vs. an industry ratio of 14.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ) is reporting for the quarter ending March 31, 2013. The semi fab foundry company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.23. This value represents a 4.55% increase compared to the same quarter last year. In the past year TSM has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TSM is 14.74 vs. an industry ratio of 22.50.
After Hour Earning
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| ACACIA RES-TECH ACTG | After Market Close | N/A | N/A | N/A |
| ADV MICRO DEV AMD | After Market Close | N/A | -0.17 | N/A |
| ALIGN TECH INC ALGN | After Market Close | N/A | 0.23 | N/A |
| ASSOC BANC CORP ASBC | After Market Close | N/A | 0.25 | N/A |
| B&G FOODS CL-A BGS | After Market Close | N/A | 0.39 | N/A |
| CAPITAL ONE FIN COF | After Market Close | N/A | 1.63 | N/A |
| CELANESE CP-A CE | After Market Close | N/A | 0.79 | N/A |
| CEPHEID INC CPHD | After Market Close | N/A | -0.02 | N/A |
| CHEMED CORP CHE | After Market Close | N/A | 1.21 | N/A |
| CHIPOTLE MEXICN CMG | After Market Close | N/A | 2.14 | N/A |
| CITY NATIONAL CYN | After Market Close | N/A | 0.92 | N/A |
| COBIZ FINL INC COBZ | After Market Close | N/A | 0.13 | N/A |
| CRAILAR TECH CRLRF | After Market Close | N/A | N/A | N/A |
| CUBIST PHARM CBST | After Market Close | N/A | 0.33 | N/A |
| CYTEC INDS INC CYT | After Market Close | N/A | 0.86 | N/A |
| E TRADE FINL CP ETFC | After Market Close | N/A | 0.12 | N/A |
| EASTGROUP PPTYS EGP | After Market Close | N/A | 0.77 | N/A |
| ELECTRN IMAGING EFII | After Market Close | N/A | 0.16 | N/A |
| FORWARD AIR CRP FWRD | After Market Close | N/A | 0.39 | N/A |
| GLACIER BANCORP GBCI | After Market Close | N/A | 0.28 | N/A |
| GOOGLE INC-CL A GOOG | After Market Close | N/A | 8.83 | N/A |
| HEALTHWAYS INC HWAY | After Market Close | N/A | -0.15 | N/A |
| HUB GROUP INC-A HUBG | After Market Close | N/A | 0.42 | N/A |
| INTL BUS MACH IBM | After Market Close | N/A | 3.06 | N/A |
| INTUITIVE SURG ISRG | After Market Close | N/A | 4.00 | N/A |
| LATTICE SEMICON LSCC | After Market Close | N/A | 0.01 | N/A |
| MATTHEWS INTL-A MATW | After Market Close | N/A | 0.63 | N/A |
| MICROSOFT CORP MSFT | After Market Close | N/A | 0.66 | N/A |
| OCEANFIRST FINL OCFC | After Market Close | N/A | 0.29 | N/A |
| PREMIERE GLOBAL PGI | After Market Close | N/A | 0.16 | N/A |
| RAMBUS INC RMBS | After Market Close | N/A | -0.03 | N/A |
| RESTORATION HDW RH | After Market Close | N/A | 0.61 | N/A |
| UTD FINL BCP UBNK | After Market Close | N/A | 0.25 | N/A |
| VALMONT INDS VMI | After Market Close | N/A | 2.50 | N/A |
| WESTERN ALLIANC WAL | After Market Close | N/A | 0.21 | N/A |
| WESTWOOD HLDGS WHG | After Market Close | N/A | N/A | N/A |
| WIPRO LTD-ADR WIT | After Market Close | N/A | 0.12 | N/A |
