Stock market is expected to open lower tomorrow. But its Friday, and market have closed in green or flat incase of bad news. There are lot of heavy weight company reporting earning tomorrow. GE, MCD, KMB. Today, Goog and MSFT were able to pass earning test while IBM failed big time. Today market close below 14645 which is the first warning of major correction. Dow Jones need to stay above 14645 to be in safe zone. VIX is now in backwardation, which means every bad news will be worst news. Any rally in uvxy, vxx, tvix is now sustainable. XIV has gone into contango. But things does change rapidly. So becareful trading this market. Don't hold any position overnight. If in profit move out.
I'll be trading JCP, INFY, YUM, GOOG, AAPl, FIO, CRUS, UVXY.
Economic Calendar:
After Hours Movers
Premarket Earning:
General Electric Company ( GE ) is reporting for the quarter ending March 31, 2013. The diversified operations company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.35. This value represents a 2.94% increase compared to the same quarter last year. In the past year GE 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 GE is 13.63 vs. an industry ratio of 14.40.
McDonald's Corporation ( MCD ) is reporting for the quarter ending March 31, 2013. The restaurant company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.27. This value represents a 3.25% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MCD is 17.77 vs. an industry ratio of 18.50.
Schlumberger N.V. ( SLB ) is reporting for the quarter ending March 31, 2013. The oil (field services) company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.99. This value represents a 1.02% increase compared to the same quarter last year. In the past year SLB has met analyst expectations once and beat the expectations the other three quarters. Honeywell International Inc. ( HON ) is reporting for the quarter ending March 31, 2013. The diversified operations company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.14. This value represents a 9.62% increase compared to the same quarter last year. In the past year HON has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 0.92%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HON is 14.55 vs. an industry ratio of 14.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Kimberly-Clark Corporation ( KMB ) is reporting for the quarter ending March 31, 2013. The consumer company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.34. This value represents a 8.06% increase compared to the same quarter last year. In the past year KMB has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 0.74%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for KMB is 17.98 vs. an industry ratio of 13.50, implying that they will have a higher earnings growth than their competitors in the same industry.
State Street Corporation ( STT ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.93. This value represents a 10.71% increase compared to the same quarter last year. STT missed the consensus earnings per share in the 1st calendar quarter of 2012 by -2.33%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for STT is 12.90 vs. an industry ratio of 11.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Baker Hughes Incorporated ( BHI ) is reporting for the quarter ending March 31, 2013. The oil (field services) company's consensus earnings per share forecast from the 24 analysts that follow the stock is $0.62. This value represents a 27.91% decrease compared to the same quarter last year. BHI missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -13.1%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BHI is 14.44 vs. an industry ratio of 15.10.
SunTrust Banks, Inc. ( STI ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.62. This value represents a 34.78% increase compared to the same quarter last year. STI missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -1%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for STI is 10.23 vs. an industry ratio of 11.20.
Genuine Parts Company ( GPC ) is reporting for the quarter ending March 31, 2013. The auto (truck) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.99. This value represents a 6.45% increase compared to the same quarter last year. GPC missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GPC is 16.73 vs. an industry ratio of 18.10.
Kansas City Southern ( KSU ) is reporting for the quarter ending March 31, 2013. The transportation (rail) company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.87. This value represents a 16.00% increase compared to the same quarter last year. KSU missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -2.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for KSU is 25.36 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Laboratory Corporation of America Holdings ( LH ) is reporting for the quarter ending March 31, 2013. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.77. This value represents a 1.72% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LH is 13.15 vs. an industry ratio of 1.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Rockwell Collins, Inc. ( COL ) is reporting for the quarter ending March 31, 2013. The aerospace and defense company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.16. This value represents a 6.42% increase compared to the same quarter last year. COL missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -0.87%. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for COL is 13.01 vs. an industry ratio of 19.80.
Monday Premarket Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| SANMINA CORP SANM | N/A | N/A | 0.21 | N/A |
| INTRICON CORP IIN | N/A | N/A | N/A | N/A |
| WASH TR BANCORP WASH | Before Open | N/A | 0.54 | N/A |
| TENNANT CO TNC | Before Open | N/A | 0.35 | N/A |
| SIX FLAGS ENTMT SIX | Before Open | N/A | -1.53 | N/A |
| SILICOM LIMITED SILC | Before Open | N/A | 0.36 | N/A |
| NVR INC NVR | Before Open | N/A | 7.57 | N/A |
| LENNOX INTL INC LII | Before Open | N/A | 0.27 | N/A |
| KONINKLIJKE PHL PHG | Before Open | N/A | N/A | N/A |
| HASBRO INC HAS | Before Open | N/A | 0.03 | N/A |
| HALLIBURTON CO HAL | Before Open | N/A | 0.58 | N/A |
| CHECK PT SOFTW CHKP | Before Open | N/A | 0.73 | N/A |
| CATERPILLAR INC CAT | Before Open | N/A | 1.34 | N/A |
| BANK OF MARIN BMRC | Before Open | N/A | 0.75 | N/A |
| BANK OF HAWAII BOH | Before Open | N/A | 0.87 | N/A |
| B/E AEROSPACE BEAV | Before Open | N/A | 0.80 | N/A |
