Stock market is expected to open higher tomorrow because of ECB fine tuning operation. It doesn't matter whether China PMI comes 50.5 or 0. This market will not correct unless it open lows on Tuesday and Friday and closes down by more then 100 points. Fed pomo begins at 10.15 am EST to 10.30 EST and its expected to print 1 B for the market. In past 1 year, stock market have managed to rally and open higher on Tuesday because of this operation by Fed and ECB.
It will be big day for AAPL, VMW, BRCM
I'll be trading AAPL, CRUS, JCP, INFY, FIO.
Premarket Earning:
United Technologies Corporation ( UTX ) 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 $1.30. This value represents a 14.47% decrease compared to the same quarter last year. In the past year UTX has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 26.47%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for UTX is 15.31 vs. an industry ratio of 14.40, implying that they will have a higher earnings growth than their competitors in the same industry.
E.I. du Pont de Nemours and Company ( DD ) is reporting for the quarter ending March 31, 2013. The chemical company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.54. This value represents a 4.35% decrease compared to the same quarter last year. DD missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -4.35%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DD is 12.61 vs. an industry ratio of 14.40.
The Travelers Companies, Inc. ( TRV ) is reporting for the quarter ending March 31, 2013. The insurance (property & casualty) company's consensus earnings per share forecast from the 15 analysts that follow the stock is $2.01. This value represents a no change for the same quarter last year. TRV missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -8.03%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TRV is 11.75 vs. an industry ratio of 15.70.
Lockheed Martin Corporation ( LMT ) is reporting for the quarter ending March 31, 2013. The aerospace and defense company's consensus earnings per share forecast from the 12 analysts that follow the stock is $2.01. This value represents a 0.50% decrease compared to the same quarter last year. LMT missed the consensus earnings per share in the 4th calendar quarter of 2012 by -0.56%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LMT is 10.87 vs. an industry ratio of 14.50.
Illinois Tool Works Inc. ( ITW ) is reporting for the quarter ending March 31, 2013. The machinery company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.96. This value represents a 1.03% decrease compared to the same quarter last year. ITW missed the consensus earnings per share in the 4th calendar quarter of 2012 by -1.11%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ITW is 14.17 vs. an industry ratio of 15.30.
Reynolds American Inc ( RAI ) is reporting for the quarter ending March 31, 2013. The tobacco company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.69. This value represents a 9.52% increase compared to the same quarter last year. RAI missed the consensus earnings per share in the 1st calendar quarter of 2012 by -3.08%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RAI is 14.18 vs. an industry ratio of 12.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Johnson Controls, Inc. ( JCI ) is reporting for the quarter ending March 31, 2013. The auto (truck) company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.42. This value represents a 20.75% decrease compared to the same quarter last year. JCI missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -4.48%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for JCI is 12.60 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Discover Financial Services ( DFS ) is reporting for the quarter ending February 28, 2013. The financial services company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.11. This value represents a 5.93% decrease compared to the same quarter last year. DFS missed the consensus earnings per share in the 4th calendar quarter of 2012 by -5.31%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DFS is 9.59 vs. an industry ratio of 10.70.
ARM Holdings plc ( ARMH ) is reporting for the quarter ending March 31, 2013. The electric company company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.17. This value represents a 30.77% increase compared to the same quarter last year. ARMH missed the consensus earnings per share in the 4th calendar quarter of 2012 by -12.5%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ARMH is 52.39 vs. an industry ratio of 10.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Air Products and Chemicals, Inc. ( APD ) is reporting for the quarter ending March 31, 2013. The chemical company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.37. This value represents a 4.58% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for APD is 14.91 vs. an industry ratio of 14.40, implying that they will have a higher earnings growth than their competitors in the same industry.
PACCAR Inc. ( PCAR ) is reporting for the quarter ending March 31, 2013. The auto (domestic) company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.68. This value represents a 25.27% decrease compared to the same quarter last year. In the past year PCAR 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 PCAR is 15.16 vs. an industry ratio of 6.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Ingersoll-Rand plc (Ireland) ( IR ) is reporting for the quarter ending March 31, 2013. The machinery company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.41. This value represents a 32.26% increase compared to the same quarter last year. In the past year IR has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 8.57%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for IR is 14.93 vs. an industry ratio of 15.30.
After Hour Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| ACADIA RLTY TR AKR | After Market Close | N/A | 0.30 | N/A |
| ALLIANCE FIBER AFOP | After Market Close | N/A | 0.21 | N/A |
| AMER CAMPUS CTY ACC | After Market Close | N/A | 0.65 | N/A |
| AMGEN INC AMGN | After Market Close | N/A | 1.75 | N/A |
| AMSURG CORP AMSG | After Market Close | N/A | 0.52 | N/A |
| ANAREN INC ANEN | After Market Close | N/A | 0.33 | N/A |
| APPLE INC AAPL | After Market Close | N/A | 10.18 | N/A |
| ASM INTL NV ASMI | After Market Close | N/A | N/A | N/A |
| ASSOC ESTATES AEC | After Market Close | N/A | 0.32 | N/A |
| AT&T INC T | After Market Close | N/A | 0.64 | N/A |
| BARD C R INC BCR | After Market Close | N/A | 1.43 | N/A |
| BERKLEY (WR) CP WRB | After Market Close | N/A | 0.74 | N/A |
| BROADCOM CORP-A BRCM | After Market Close | N/A | 0.35 | N/A |
| CARDIONET INC BEAT | After Market Close | N/A | N/A | N/A |
| COMMNTY BK SYS CBU | After Market Close | N/A | 0.51 | N/A |
| CREE INC CREE | After Market Close | N/A | 0.25 | N/A |
| CTS CORP CTS | After Market Close | N/A | 0.12 | N/A |
| DEVRY INC DV | After Market Close | N/A | 0.83 | N/A |
| EDWARDS LIFESCI EW | After Market Close | N/A | 0.76 | N/A |
| ETHAN ALLEN INT ETH | After Market Close | N/A | 0.27 | N/A |
| EVEREST RE LTD RE | After Market Close | N/A | 4.16 | N/A |
| EXACTECH INC EXAC | After Market Close | N/A | 0.29 | N/A |
| FLAGSTAR BANCP FBC | After Market Close | N/A | 0.98 | N/A |
| FMC TECH INC FTI | After Market Close | N/A | 0.46 | N/A |
| FNB CORP FNB | After Market Close | N/A | 0.21 | N/A |
| HANESBRANDS INC HBI | After Market Close | N/A | 0.50 | N/A |
| HARMONIC INC HLIT | After Market Close | N/A | -0.03 | N/A |
| HAWAIIAN HLDGS HA | After Market Close | N/A | -0.20 | N/A |
| HOMEAWAY INC AWAY | After Market Close | N/A | 0.07 | N/A |
| HUDSON VLY HLDG HVB | After Market Close | N/A | 0.16 | N/A |
| IROBOT CORP IRBT | After Market Close | N/A | 0.17 | N/A |
| ITC HOLDINGS CP ITC | After Market Close | N/A | 1.16 | N/A |
| JUNIPER NETWRKS JNPR | After Market Close | N/A | 0.15 | N/A |
| KAISER ALUMINUM KALU | After Market Close | N/A | 0.84 | N/A |
| MANHATTAN ASOC MANH | After Market Close | N/A | 0.61 | N/A |
| NABORS IND NBR | After Market Close | N/A | 0.29 | N/A |
| NEWFIELD EXPL NFX | After Market Close | N/A | 0.47 | N/A |
| NORFOLK SOUTHRN NSC | After Market Close | N/A | 1.18 | N/A |
| OCEANEERING INT OII | After Market Close | N/A | 0.60 | N/A |
| OWENS & MINOR OMI | After Market Close | N/A | 0.42 | N/A |
| OWENS-ILLINOIS OI | After Market Close | N/A | 0.56 | N/A |
| PACIFIC BIOSCI PACB | After Market Close | N/A | -0.36 | N/A |
| PANERA BREAD CO PNRA | After Market Close | N/A | 1.65 | N/A |
| POLYCOM INC PLCM | After Market Close | N/A | 0.01 | N/A |
| QUIDEL CORP QDEL | After Market Close | N/A | 0.35 | N/A |
| RAMCO-GERSHENSN RPT | After Market Close | N/A | 0.28 | N/A |
| RENASANT CORP RNST | After Market Close | N/A | 0.30 | N/A |
| RF MICRO DEVICE RFMD | After Market Close | N/A | 0.01 | N/A |
| ROBT HALF INTL RHI | After Market Close | N/A | 0.41 | N/A |
| ROCK-TENN CO RKT | After Market Close | N/A | 1.02 | N/A |
| ROCKY BRANDS RCKY | After Market Close | N/A | 0.14 | N/A |
| RUSH ENTERPRISE RUSHB | After Market Close | N/A | N/A | N/A |
| RUSH ENTRPRS-A RUSHA | After Market Close | N/A | 0.34 | N/A |
| SL GREEN REALTY SLG | After Market Close | N/A | 1.21 | N/A |
| SPECTRANETICS SPNC | After Market Close | N/A | 0.00 | N/A |
| STANCORP FNL CP SFG | After Market Close | N/A | 0.80 | N/A |
| SUPER MICRO COM SMCI | After Market Close | N/A | 0.14 | N/A |
| TORCHMARK CORP TMK | After Market Close | N/A | 1.37 | N/A |
| TOTAL SYS SVC TSS | After Market Close | N/A | 0.34 | N/A |
| TRUSTMARK CP TRMK | After Market Close | N/A | 0.41 | N/A |
| UMB FINL CORP UMBF | After Market Close | N/A | 0.65 | N/A |
| UNISYS UIS | After Market Close | N/A | 0.57 | N/A |
| USANA HLTH SCI USNA | After Market Close | N/A | 1.12 | N/A |
| VASCULAR SOLUTN VASC | After Market Close | N/A | 0.16 | N/A |
| VMWARE INC-A VMW | After Market Close | N/A | 0.46 | N/A |
| VOCUS INC VOCS | After Market Close | N/A | -0.04 | N/A |
| YUM! BRANDS INC YUM | After Market Close | N/A | 0.62 | N/A |
| ZIX CORP ZIXI | After Market Close | N/A | 0.03 | N/A |
After Hours Movers
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2:45 | EUR | French INSEE Business Confidence | med | 89 | 90 | |||||
| 2:58 | EUR | French Flash Manufacturing PMI | low | 44.1 | 44 | |||||
| 2:58 | EUR | French Flash Services PMI | low | 42 | 41.3 | |||||
| 3:28 | EUR | German Flash Services PMI | med | 51 | 50.9 | |||||
| 3:28 | EUR | German Flash Manufacturing PMI | med | 49 | 49 | |||||
| 3:58 | EUR | Flash Services PMI | med | 46.5 | 46.4 | |||||
| 3:58 | EUR | Flash Manufacturing PMI | med | 46.7 | 46.8 | |||||
| 3:58 | EUR | Flash Composite PMI | med | 46.3 | 46.5 | |||||
| 8:58 | USD | Flash Manufacturing PMI | low | 53.5 | 54.6 | |||||
| 9:00 | USD | FHFA House Price Index | med | 0.7 | 0.6 | |||||
| 10:00 | USD | New Home Sales | med | 416 | 411 | |||||
| 20:00 | EUR | ECB Vice President Constancio presents ECB's 2012 Annual Report | med | |||||||
| 20:00 | EUR | EU Commissioner Almunia speaks at the International Competition Network Annual Conference | low | |||||||
