Stock market is expected to open flat higher tomorrow. It's ECB fine tuning operation day with FED printing 1.25B to 1.75B. Don't expect this market to correct, unless it can open low and close in red by 100 point on Tuesday and Friday. Market is still expected to close in red tomorrow inspite of green open. Becareful trading this market and dont hold stock overnight.
I'll be watching TIVO, RMTI, ARUN, NTAP,
After Hours Movers
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2:00 | EUR | German PPI | med | -0.1 | -0.2 | |||||
| 2:00 | EUR | German PPI | med | 0.2 | 0.4 | |||||
| 10:00 | USD | U.S. Treasury Secretary Lew testifies on FSOC before Sentate Banking Committee | low | |||||||
| 11:30 | USD | Fed's Bullard speaks on "Monetary Policy Options in a Low-rate Environment" in Frankfurt | low | |||||||
| 13:00 | USD | Fed's Dudley speaks in New York | low | |||||||
| 20:00 | EUR | EU Commissioner Barroso meets Dutch PM Rutte in Brussels | low | |||||||
| 20:00 | EUR | European Council Meeting | med | |||||||
| 20:00 | EUR | Cyprus Central Bank Governor Demetriades speaks at Nicosia conference in Cyprus | low | |||||||
Premarket Earning:
Home Depot, Inc. ( HD ) is reporting for the quarter ending April 30, 2013. The building company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.77. This value represents a 18.46% increase compared to the same quarter last year. In the past year HD has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HD is 21.71 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Medtronic, Inc. ( MDT ) is reporting for the quarter ending April 30, 2013. The medical products company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.03. This value represents a 4.04% increase compared to the same quarter last year. In the past year MDT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MDT is 13.51 vs. an industry ratio of 10.10, implying that they will have a higher earnings growth than their competitors in the same industry.
TJX Companies, Inc. ( TJX ) is reporting for the quarter ending April 30, 2013. The discount retail company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.62. This value represents a 12.73% increase compared to the same quarter last year. In the past year TJX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.23%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TJX is 18.20 vs. an industry ratio of 19.10.
AutoZone, Inc. ( AZO ) is reporting for the quarter ending May 31, 2013. The wholesale retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $7.22. This value represents a 14.97% increase compared to the same quarter last year. In the past year AZO 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 AZO is 14.94 vs. an industry ratio of 14.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Dick's Sporting Goods Inc ( DKS ) is reporting for the quarter ending April 30, 2013. The retail company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.48. This value represents a 6.67% increase compared to the same quarter last year. DKS missed the consensus earnings per share in the 1st calendar quarter of 2013 by -3.74%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for DKS is 18.28 vs. an industry ratio of 25.70.
Tidewater Inc. ( TDW ) is reporting for the quarter ending March 31, 2013. The shipping company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.61. This value represents a 7.58% decrease compared to the same quarter last year. In the past year TDW has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 38.64%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TDW is 20.90 vs. an industry ratio of 18.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Saks Incorporated ( SKS ) is reporting for the quarter ending April 30, 2013. The retail company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.19. This value represents a 5.56% increase compared to the same quarter last year. In the past year SKS has met analyst expectations twice and beat the expectations the other two quarters. The "days to cover" for this stock exceeds 12 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SKS is 27.56 vs. an industry ratio of 15.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Rexnord Corporation ( RXN ) is reporting for the quarter ending March 31, 2013. The machinery company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.31. This value represents a 8.82% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RXN is 18.57 vs. an industry ratio of 10.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Monro Muffler Brake, Inc. ( MNRO ) is reporting for the quarter ending March 31, 2013. The business services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.25. This value represents a 24.24% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 27 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MNRO is 33.85 vs. an industry ratio of 4.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Red Robin Gourmet Burgers, Inc. ( RRGB ) is reporting for the quarter ending March 31, 2013. The restaurant company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.65. This value represents a 8.45% decrease compared to the same quarter last year. In the past year RRGB has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 34.09%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RRGB is 22.47 vs. an industry ratio of 24.20.
Navios Maritime Holdings Inc. ( NM ) is reporting for the quarter ending March 31, 2013. The shipping company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.21. This value represents a 333.33% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NM is -5.68 vs. an industry ratio of 18.10.
Multi-Color Corporation ( LABL ) is reporting for the quarter ending March 31, 2013. The printing company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.49. This value represents a 13.95% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LABL is 13.89 vs. an industry ratio of 18.10.
After Hour Earning:
| Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
|---|---|---|---|---|
| ANALOG DEVICES ADI | After Market Close | N/A | 0.52 | N/A |
| CHARM COMM-ADR CHRM | After Market Close | N/A | -0.01 | N/A |
| CHINA DIG TV STV | After Market Close | N/A | N/A | N/A |
| CHINA DISTANCE DL | After Market Close | N/A | 0.03 | N/A |
| COMPUWARE CORP CPWR | After Market Close | N/A | 0.04 | N/A |
| DYCOM INDS DY | After Market Close | N/A | 0.17 | N/A |
| FUWEI FILMS HLD FFHL | After Market Close | N/A | N/A | N/A |
| INTUIT INC INTU | After Market Close | N/A | 2.85 | N/A |
| KONGZHONG-ADR KONG | After Market Close | N/A | N/A | N/A |
| NETAPP INC NTAP | After Market Close | N/A | 0.54 | N/A |
| UNIVL CORP -VA UVV | After Market Close | N/A | N/A | N/A |
