Premarket Report for April 16th: JNJ, JCP, INFY, PBY, ECTY, GS, SRPT, PCYO, BSTC, MXWL, INTC, AMTD, WWW, KO, USB, URI, YHOO

Stock market is expected to open higher tomorrow as its ECB fine tuning day. There is no Fed Pomo operation which leaves ECB to do the job alone of keeping this market higher. Gold and silver continues to sell off as market has decided to clear the second fear trade. Gold was consider safe haven and alternative to vix or fear trade. Vix has been demolished and now its Gold turns. US dollar index was down today and Gold was down which doesnt make sense. Like, I have been saying, this market will not correct unless it open and closes in red on Tuesday and Friday. So tomorrow, will be first test whether this market will correct or today's sell off was just a bull trap. 

I'll be trading JNJ, GS, JCP, INFY, PBY, ECTY.

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				5:00	EUR	ZEW (Economic Sentiment)	low			33.4
				5:00	EUR	German ZEW (Current Conditions)	high		14	13.6
				5:00	EUR	German ZEW (Economic Sentiment)	high		41	48.5
				5:00	EUR	HICP (Final)	med		1.2	0.4
				5:00	EUR	HICP - Core (Final)	med		1.4	1.3
				5:00	EUR	HICP (Final)	med		1.7	1.7
				8:00	USD	Fed's Dudley speaks on the economy at the Staten Island Chamber of Commerce	low
				8:30	USD	Building Permits	med		0.94	0.94
				8:30	USD	Housing Starts	med		0.93	0.92
				8:30	USD	CPI (ex Food & Energy)	med		0.2	0.2
				8:30	USD	CPI	high			0.7
				9:15	USD	Council of Economic Advisers Chair Krueger speaks before the American Bankers Association Government Relations Summit	low
				9:15	USD	Capacity utilisation	med		78.4	78.3
				9:15	USD	Industrial production	med		0.2	0.8
				12:00	USD	Fed's Duke speaks to American Bankers Association Government Regulations Summit	low
				12:00	EUR	ECB President Draghi attends debate at European Parliament about ECB's annual report	low
				14:45		IMF Managing Director Lagarde delivers brief welcoming remarks to a preliminary IMF conference	low
				15:00	USD	Fed's Yellen chairs discussion on monetary policy before the IMF	low
				15:10	USD	Fed's Dudley visits Midlands Beach to survey areas impacted by Superstorm Sandy	low
				17:00	USD	Fed's Kocherlakota speaks on "Improving the Outlook With Better Monetary Policy" before a lunch of the Markets Technicians Association	low

After Hours Movers

Top Gaining Stocks Price %Change PMBC Pacific Mercantile... 7.18 18.48% BSTC Biospecifics Techn... 19.10 18.27% AMBT Ambient Corporatio... 2.35 18.09% HBOS Heritage Financial... 16.27 17.81% MXWL Maxwell Technologi... 5.75 15.00% SWC Stillwater Mining ... 11.97 14.88% PDCE Pdc Energy Inc. 44.31 12.69% OCLS Oculus Innovative ... 4.57 12.56% GNK Genco Shipping & T... 2.29 10.90% ACI Arch Coal Inc. 5.39 10.45% IO Ion Geophysical 6.72 9.98% ANEN Anaren Inc. 21.56 9.94% JKS Jinkosolar Holding... 5.29 9.71% MTW Manitowoc Co. 18.60 9.48% END Endeavour Internat... 2.80 9.38% REN Resolute Energy Co... 10.37 9.16% EXXI Energy Xxi Limited... 25.00 8.89% WRES Warren Resources I... 2.95 8.86% POWR Powersecure Intern... 12.76 8.83% UBNT Ubiquiti Networks ... 14.90 8.76%

Top Losing Stocks Price %Change PCYO Pure Cycle Corpora... 4.43 -18.11% REIS Reis Inc 12.58 -17.40% FMFC First M & F Corpor... 11.34 -16.92% GLBS Globus Maritime Li... 2.33 -15.27% CLI Mack-cali Realty C... 24.75 -12.05% ORRF Orrstown Financial... 13.00 -11.68% MCOX Mecox Lane Limited... 6.26 -11.33% LOCK Lifelock 8.29 -8.70% RPRX Repros Therapeutic... 14.90 -8.65% KEYN Keynote Systems In... 12.13 -6.76% RLGY Realogy Holdings 41.61 -6.66% SRPT Sarepta Therapeuti... 36.81 -6.19% EWL ishares Switzerlan... 28.04 -5.30% CACI Caci International... 52.82 -5.20% VCR Vanguard Consumer ... 80.25 -5.10% AMNB American National ... 19.40 -4.95% TDG Transdigm 141.65 -4.86% NWSA News Corporation 28.95 -4.77% HCA Hca Holdings 35.00 -4.68% NTGR Netgear Inc. 29.50 -4.47%

Premarket Earning:

Johnson & Johnson ( JNJ ) 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 $1.41. This value represents a 2.92% increase compared to the same quarter last year. In the past year JNJ has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.71%. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for JNJ is 15.32 vs. an industry ratio of 15.90. 

Coca-Cola Company ( KO ) 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 $0.45. This value represents a 2.27% increase compared to the same quarter last year. In the past year KO 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 KO is 19.20 vs. an industry ratio of 20.70. 

Goldman Sachs Group, Inc. ( GS ) is reporting for the quarter ending March 31, 2013. The investment bankers company's consensus earnings per share forecast from the 8 analysts that follow the stock is $3.85. This value represents a 1.79% decrease compared to the same quarter last year. In the past year GS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 61.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GS is 10.82 vs. an industry ratio of 15.80. 

U.S. Bancorp ( USB ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 23 analysts that follow the stock is $0.73. This value represents a 8.96% increase compared to the same quarter last year. In the past year USB has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.35%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for USB is 11.14 vs. an industry ratio of 11.60. 

BlackRock, Inc. ( BLK ) is reporting for the quarter ending March 31, 2013. The finance/investment management company's consensus earnings per share forecast from the 14 analysts that follow the stock is $3.57. This value represents a 12.97% increase compared to the same quarter last year. In the past year BLK has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 5.88%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BLK is 16.69 vs. an industry ratio of 20.80. 

W.W. Grainger, Inc. ( GWW ) is reporting for the quarter ending March 31, 2013. The industrial services company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.73. This value represents a 6.23% increase compared to the same quarter last year. The last two quarters GWW had negative earnings surprises; the latest report they missed by -7.28%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GWW is 19.49 vs. an industry ratio of 13.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Northern Trust Corporation ( NTRS ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.72. This value represents a 7.46% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NTRS is 17.23 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. 

TD Ameritrade Holding Corporation ( AMTD ) is reporting for the quarter ending March 31, 2013. The investment bankers company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.26. This value represents a 4.00% increase compared to the same quarter last year. AMTD missed the consensus earnings per share in the 1st calendar quarter of 2012 by -3.85%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AMTD is 18.18 vs. an industry ratio of 15.80, implying that they will have a higher earnings growth than their competitors in the same industry. 

Comerica Incorporated ( CMA ) is reporting for the quarter ending March 31, 2013. The bank company's consensus earnings per share forecast from the 22 analysts that follow the stock is $0.67. This value represents a 1.52% increase compared to the same quarter last year. In the past year CMA has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 7.81%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMA is 12.84 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. 

Wolverine World Wide, Inc. ( WWW ) is reporting for the quarter ending March 31, 2013. The shoes & retail apparel company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.54. This value represents a 15.63% decrease compared to the same quarter last year. WWW missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -6.82%. The "days to cover" for this stock exceeds 12 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for WWW is 17.75 vs. an industry ratio of 10.30, implying that they will have a higher earnings growth than their competitors in the same industry. 

Mercantile Bank Corporation ( MBWM ) is reporting for the quarter ending March 31, 2013. The bank (midwest) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.33. This value represents a 17.86% increase compared to the same quarter last year. MBWM missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -11.76%. The "days to cover" for this stock exceeds 16 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MBWM is 12.33 vs. an industry ratio of 13.70. 

After Hour Earnings:

Company Name	Time	Transcript	Wall St EPS Est($)	Actual EPS($)
AMARANTUS BIOSC  AMBS	After Market Close	N/A	N/A	N/A
BADGER METER  BMI	After Market Close	N/A	0.48	N/A
BOSTON PRIV FIN  BPFH	After Market Close	N/A	0.17	N/A
CATHAY GENL BCP  CATY	After Market Close	N/A	0.32	N/A
CEREPLAST INC  CERP	After Market Close	N/A	N/A	N/A
CSX CORP  CSX	After Market Close	N/A	0.40	N/A
E2OPEN INC  EOPN	After Market Close	N/A	-0.06	N/A
FLEXSTEEL INDS  FLXS	After Market Close	N/A	N/A	N/A
FULTON FINL  FULT	After Market Close	N/A	0.20	N/A
INTEL CORP  INTC	After Market Close	N/A	0.42	N/A
INTERACTIVE BRK  IBKR	After Market Close	N/A	0.19	N/A
KID BRANDS INC  KID	After Market Close	N/A	0.07	N/A
LINEAR TEC CORP  LLTC	After Market Close	N/A	0.43	N/A
MARTEN TRANS  MRTN	After Market Close	N/A	0.27	N/A
UTD RENTALS INC  URI	After Market Close	N/A	0.50	N/A
WORLD ENERGY SL  XWES	After Market Close	N/A	N/A	N/A
YAHOO! INC  YHOO	After Market Close	N/A	0.25	N/A