Tomorrow market is expected to open flat higher but it will be ECB driven market. ECB will decide whether to cut the interest rate or keep it same. Later ECB Chairman Draghi will give speech. This market likes to buy every hope that doesn't exist and rally on it. It will be same market tomorrow.
I'll be watching JOSB, GBX, NAVB, RPRX and short HUM.
Check back later for resistance level.
After Hours Movers
Premarket Earning:
RPM International Inc. ( RPM ) is reporting for the quarter ending February 28, 2013. The paint company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.06. This value represents a 20.00% increase compared to the same quarter last year. The last two quarters RPM had negative earnings surprises; the latest report they missed by -4.76%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RPM is 17.22 vs. an industry ratio of 18.40.
Jos. A. Bank Clothiers, Inc. ( JOSB ) is reporting for the quarter ending January 31, 2013. The retail (shoe) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.21. This value represents a 23.42% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 20 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for JOSB is 11.59 vs. an industry ratio of -215.50, implying that they will have a higher earnings growth than their competitors in the same industry.
International Speedway Corporation ( ISCA ) is reporting for the quarter ending February 28, 2013. The leisure (recreational) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.37. This value represents a no change for the same quarter last year. The "days to cover" for this stock exceeds 13 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ISCA is 22.75 vs. an industry ratio of 27.10.
Greenbrier Companies, Inc. ( GBX ) is reporting for the quarter ending February 28, 2013. The transportation company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.37. This value represents a 35.09% decrease compared to the same quarter last year. GBX missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -45.61%. The "days to cover" for this stock exceeds 14 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GBX is 11.73 vs. an industry ratio of 13.10.
After Hour Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| FRANKLIN COVEY FC | After Market Close | N/A | 0.11 | N/A |
| WD 40 CO WDFC | After Market Close | N/A | 0.56 | N/A |
| XYRATEX LTD XRTX | After Market Close | N/A | N/A | N/A |
