The stock market is expected to open flat. This market doesn't care any economic data as long as Fed and ECB continues to print free money for the market. Even fake rumor on Twitter that caused flash crashed was passed on without causing much damage to the Index. It is strange but eventhough market closes in green, most of the stocks are underperforming beneath the surface.
I'll be trading JCP, INFY, UIS, AAPL, COG, CTXS
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 4:00 | EUR | German IFO Business Climate | med | 106.2 | 106.7 | |||||
| 4:00 | EUR | German IFO Expectations | med | 103 | 103.6 | |||||
| 4:00 | EUR | German IFO Current Conditions | med | 109.5 | 109.9 | |||||
| 8:30 | USD | Durable goods orders | med | -3 | 5.6 | |||||
| 8:30 | USD | Durables ex defence | high | 4.4 | ||||||
| 8:30 | USD | Durables ex transport | high | 0.5 | -0.7 | |||||
| 8:30 | EUR | ECB Executive Board member Mersch speaks on panel, "Perspectives on the Euro and Europe" | low | |||||||
| 9:00 | EUR | ECB Vice President Constancio presents ECB's 2012 Annual Report | med | |||||||
| 20:00 | EUR | Eurogroup President Dijsselbloem speaks at economic and monetary affairs committee | low | |||||||
| 20:00 | EUR | ECB Vice President Constancio speaks | low | |||||||
| 20:00 | EUR | ECB Executive Board member Coeure and Portuguese FinMin Gaspar speak at conference on the European Single Market | low | |||||||
After Hours Movers
Premarket Earning:
Procter & Gamble Company ( PG ) is reporting for the quarter ending March 31, 2013. The cleaning company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.96. This value represents a 2.13% increase compared to the same quarter last year. In the past year PG has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 9.91%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PG is 20.05 vs. an industry ratio of 19.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Boeing Company ( BA ) is reporting for the quarter ending March 31, 2013. The aerospace and defense company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.47. This value represents a 32.43% increase compared to the same quarter last year. In the past year BA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 7.56%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BA is 13.63 vs. an industry ratio of 14.40.
Eli Lilly and Company ( LLY ) is reporting for the quarter ending March 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.05. This value represents a 14.13% increase compared to the same quarter last year. LLY missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -4.82%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LLY is 14.76 vs. an industry ratio of 15.90.
Ford Motor Company ( F ) is reporting for the quarter ending March 31, 2013. The auto (domestic) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.39. This value represents a no change for the same quarter last year. In the past year F has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 19.23%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for F is 9.13 vs. an industry ratio of 6.90, implying that they will have a higher earnings growth than their competitors in the same industry.
EMC Corporation ( EMC ) is reporting for the quarter ending March 31, 2013. The computer storage company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.31. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EMC is 14.19 vs. an industry ratio of -1.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Southern Company ( SO ) is reporting for the quarter ending March 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 21.43% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SO is 17.56 vs. an industry ratio of 7.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Ericsson ( ERIC ) is reporting for the quarter ending March 31, 2013. The wireless equipment company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.09. This value represents a 18.18% decrease compared to the same quarter last year. ERIC missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -8.33%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ERIC is 15.57 vs. an industry ratio of -61.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Praxair, Inc. ( PX ) is reporting for the quarter ending March 31, 2013. The chemical company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.38. This value represents a no change for the same quarter last year. In the past year PX has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PX is 18.29 vs. an industry ratio of 14.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Thermo Fisher Scientific Inc ( TMO ) is reporting for the quarter ending March 31, 2013. The electrical instrument company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.29. This value represents a 10.26% increase compared to the same quarter last year. In the past year TMO has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 6.25%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TMO is 14.78 vs. an industry ratio of 1.90, implying that they will have a higher earnings growth than their competitors in the same industry.
General Dynamics Corporation ( GD ) 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 $1.51. This value represents a 11.18% decrease compared to the same quarter last year. The last two quarters GD had negative earnings surprises; the latest report they missed by -26.84%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GD is 9.91 vs. an industry ratio of 14.40.
Hess Corporation ( HES ) is reporting for the quarter ending March 31, 2013. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.56. This value represents a 4.70% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HES is 10.97 vs. an industry ratio of 13.10.
Novartis AG ( NVS ) is reporting for the quarter ending March 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.25. This value represents a 31.58% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NVS is 14.21 vs. an industry ratio of 15.90.
After Hour Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| AEGION CORP AEGN | After Market Close | N/A | 0.09 | N/A |
| AFLAC INC AFL | After Market Close | N/A | 1.62 | N/A |
| AKAMAI TECH AKAM | After Market Close | N/A | 0.34 | N/A |
| ALLEGIANT TRAVL ALGT | After Market Close | N/A | 1.48 | N/A |
| ALLIED WORLD AS AWH | After Market Close | N/A | 2.13 | N/A |
| AMER RAILCAR ARII | After Market Close | N/A | 0.91 | N/A |
| ANGIES LIST INC ANGI | After Market Close | N/A | -0.17 | N/A |
| ARRIS GROUP INC ARRS | After Market Close | N/A | 0.21 | N/A |
| ASPEN INS HLDGS AHL | After Market Close | N/A | 1.05 | N/A |
| ASSURANT INC AIZ | After Market Close | N/A | 1.58 | N/A |
| AVG TECHNOLOGS AVG | After Market Close | N/A | 0.32 | N/A |
| BALLY TECH INC BYI | After Market Close | N/A | 0.85 | N/A |
| BANCORP BNK/THE TBBK | After Market Close | N/A | 0.19 | N/A |
| BARRETT BUS SVS BBSI | After Market Close | N/A | -0.38 | N/A |
| BASIC EGY SVCS BAS | After Market Close | N/A | -0.25 | N/A |
| BRANDYWINE RT BDN | After Market Close | N/A | 0.34 | N/A |
| BROADVISION INC BVSN | After Market Close | N/A | N/A | N/A |
| BROOKLINE BC BRKL | After Market Close | N/A | 0.15 | N/A |
| CABOT OIL & GAS COG | After Market Close | N/A | 0.26 | N/A |
| CADENCE DESIGN CDNS | After Market Close | N/A | 0.14 | N/A |
| CAI INTL INC CAP | After Market Close | N/A | 0.76 | N/A |
| CAPSTEAD MTG CMO | After Market Close | N/A | 0.31 | N/A |
| CHEESECAKE FACT CAKE | After Market Close | N/A | 0.42 | N/A |
| CHURCHILL DOWNS CHDN | After Market Close | N/A | 0.11 | N/A |
| CITRIX SYS INC CTXS | After Market Close | N/A | 0.45 | N/A |
| CLEARWATER PAPR CLW | After Market Close | N/A | 0.62 | N/A |
| CLIFFS NATURAL CLF | After Market Close | N/A | 0.45 | N/A |
| CNO FINL GRP CNO | After Market Close | N/A | 0.21 | N/A |
| COHERENT INC COHR | After Market Close | N/A | 0.65 | N/A |
| COMML VEHICLE CVGI | After Market Close | N/A | 0.06 | N/A |
| CORELOGIC INC CLGX | After Market Close | N/A | 0.37 | N/A |
| COSTAMARE INC CMRE | After Market Close | N/A | 0.23 | N/A |
| COSTAR GRP INC CSGP | After Market Close | N/A | 0.34 | N/A |
| COVENANT TRANS CVTI | After Market Close | N/A | -0.11 | N/A |
| CROWN CASTLE CCI | After Market Close | N/A | 0.05 | N/A |
| CYBEROPTICS CYBE | After Market Close | N/A | N/A | N/A |
| DUKE REALTY CP DRE | After Market Close | N/A | 0.26 | N/A |
| EQUIFAX INC EFX | After Market Close | N/A | 0.87 | N/A |
| EQUINIX INC EQIX | After Market Close | N/A | 0.75 | N/A |
| EVERBANK FIN CP EVER | After Market Close | N/A | 0.29 | N/A |
| F5 NETWORKS INC FFIV | After Market Close | N/A | 0.82 | N/A |
| FAIR ISAAC INC FICO | After Market Close | N/A | 0.70 | N/A |
| FAMOUS DAVES DAVE | After Market Close | N/A | 0.14 | N/A |
| FIRST FIN BC-OH FFBC | After Market Close | N/A | 0.25 | N/A |
| FLOWSERVE CORP FLS | After Market Close | N/A | 1.94 | N/A |
| FOX CHASE BANCP FXCB | After Market Close | N/A | 0.11 | N/A |
| FUSION-IO INC FIO | After Market Close | N/A | -0.15 | N/A |
| GLIMCHER REALTY GRT | After Market Close | N/A | 0.14 | N/A |
| GRACO INC GGG | After Market Close | N/A | 0.73 | N/A |
| HERITAGE FIN CP HFWA | After Market Close | N/A | 0.18 | N/A |
| HILL-ROM HLDGS HRC | After Market Close | N/A | 0.50 | N/A |
| HORACE MANN EDS HMN | After Market Close | N/A | 0.51 | N/A |
| INFINERA CORP INFN | After Market Close | N/A | -0.16 | N/A |
| INTERFACE INC A TILE | After Market Close | N/A | 0.13 | N/A |
| INTERMUNE INC ITMN | After Market Close | N/A | -0.76 | N/A |
| INTERSIL CORP ISIL | After Market Close | N/A | -0.08 | N/A |
| INTL SHIPHLDG ISH | After Market Close | N/A | 0.28 | N/A |
| IPC THE HOSPITL IPCM | After Market Close | N/A | 0.55 | N/A |
| JARDEN CORP JAH | After Market Close | N/A | 0.23 | N/A |
| KIRBY CORP KEX | After Market Close | N/A | 0.91 | N/A |
| KNIGHT TRANSN KNX | After Market Close | N/A | 0.19 | N/A |
| LAM RESEARCH LRCX | After Market Close | N/A | 0.38 | N/A |
| LENDER PROC SVC LPS | After Market Close | N/A | 0.65 | N/A |
| LOGITECH INTL LOGI | After Market Close | N/A | -0.11 | N/A |
| LSI CORP LSI | After Market Close | N/A | 0.08 | N/A |
| MATTSON TECH MTSN | After Market Close | N/A | -0.13 | N/A |
| MELLANOX TECH MLNX | After Market Close | N/A | -0.20 | N/A |
| MKS INSTRUMENTS MKSI | After Market Close | N/A | 0.03 | N/A |
| MONTPELIER RE MRH | After Market Close | N/A | 0.89 | N/A |
| MORNINGSTAR INC MORN | After Market Close | N/A | N/A | N/A |
| NEWMARKET CORP NEU | After Market Close | N/A | 4.88 | N/A |
| O REILLY AUTO ORLY | After Market Close | N/A | 1.34 | N/A |
| OIL STATES INTL OIS | After Market Close | N/A | 1.86 | N/A |
| ON ASSIGNMENT ASGN | After Market Close | N/A | 0.18 | N/A |
| OPEN TEXT CORP OTEX | After Market Close | N/A | 1.33 | N/A |
| ORCHIDS PAPER TIS | After Market Close | N/A | 0.37 | N/A |
| PACER INTL INC PACR | After Market Close | N/A | 0.02 | N/A |
| PACIFIC CONTL PCBK | After Market Close | N/A | 0.14 | N/A |
| PDF SOLUTIONS PDFS | After Market Close | N/A | 0.13 | N/A |
| PETROLOGISTICS PDH | After Market Close | N/A | 0.68 | N/A |
| PTC INC PMTC | After Market Close | N/A | 0.28 | N/A |
| QUALCOMM INC QCOM | After Market Close | N/A | 1.05 | N/A |
| RAYMOND JAS FIN RJF | After Market Close | N/A | 0.75 | N/A |
| RIMAGE CORP RIMG | After Market Close | N/A | -0.21 | N/A |
| RYLAND GRP INC RYL | After Market Close | N/A | 0.30 | N/A |
| SELECT INS GRP SIGI | After Market Close | N/A | 0.40 | N/A |
| SERVICE CORP IN SCI | After Market Close | N/A | 0.23 | N/A |
| SERVICENOW INC NOW | After Market Close | N/A | -0.10 | N/A |
| SJW CORP SJW | After Market Close | N/A | 0.08 | N/A |
| STAMPS.COM INC STMP | After Market Close | N/A | 0.33 | N/A |
| STEINER LEISURE STNR | After Market Close | N/A | 0.73 | N/A |
| STERICYCLE INC SRCL | After Market Close | N/A | 0.88 | N/A |
| STERLING FIN WA STSA | After Market Close | N/A | 0.35 | N/A |
| STREAMLINE HLTH STRM | After Market Close | N/A | -0.52 | N/A |
| STRYKER CORP SYK | After Market Close | N/A | 1.01 | N/A |
| SUSQUEHANNA BSH SUSQ | After Market Close | N/A | 0.23 | N/A |
| SYMETRA FINL CP SYA | After Market Close | N/A | 0.34 | N/A |
| SYMMETRICOM INC SYMM | After Market Close | N/A | 0.00 | N/A |
| TAL INTL GRP TAL | After Market Close | N/A | 1.05 | N/A |
| TERADYNE INC TER | After Market Close | N/A | 0.03 | N/A |
| TEREX CORP TEX | After Market Close | N/A | 0.29 | N/A |
| TEXAS CAP BCSHS TCBI | After Market Close | N/A | 0.82 | N/A |
| THERAVANCE INC THRX | After Market Close | N/A | -0.39 | N/A |
| TITAN INTL INC TWI | After Market Close | N/A | 0.43 | N/A |
| TRACTOR SUPPLY TSCO | After Market Close | N/A | 0.62 | N/A |
| TRIQUINT SEMICO TQNT | After Market Close | N/A | -0.17 | N/A |
| TRUEBLUE INC TBI | After Market Close | N/A | 0.00 | N/A |
| TYLER TECH INC TYL | After Market Close | N/A | 0.23 | N/A |
| VARIAN MEDICAL VAR | After Market Close | N/A | 1.01 | N/A |
| VIEWPOINT FINL VPFG | After Market Close | N/A | 0.27 | N/A |
| WASTE CONNCTION WCN | After Market Close | N/A | 0.33 | N/A |
| WESBANCO INC WSBC | After Market Close | N/A | 0.47 | N/A |
| WESTERN DIGITAL WDC | After Market Close | N/A | 1.79 | N/A |
| WHITING PETROLM WLL | After Market Close | N/A | 0.91 | N/A |
| XENOPORT INC XNPT | After Market Close | N/A | -0.43 | N/A |
| XILINX INC XLNX | After Market Close | N/A | 0.45 | N/A |
| ZYNGA INC ZNGA | After Market Close | N/A | -0.07 | N/A |
