Premarket Report For May 31st: PANW, WGO, CMS, LBIX, SPRD, GME, OVTI, UPI, KKD, GES, BAMM, DQ

Stock market is expected to open lower based on chart but rest of the day direction depends on the consumer sentiment and personnel spending. This market will not correct unless it closes in red on Tuesday and Friday. So tomorrow, it will be interesting to see where market closes.

I'll be watching OVTI, KKD, LGF, GES

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:00	EUR	German Retail Sales	med		1.1	-2.8
				2:00	EUR	German Retail Sales	med		0.2	-0.5
				2:45	EUR	French PPI	med		1.6	1.9
				2:45	EUR	French PPI	med		-0.3
				2:45	EUR	French Consumer Spending	low		-0.6	1.3
				2:45	EUR	French Consumer Spending	low			1.2
				3:00	EUR	EU Commissioner Rehn, Finland PM Katainen speak in Helsinki	low
				4:30	EUR	ECB's Visco speaks at Bank of Italy annual meeting	low
				5:00	EUR	EU President Van Rompuy meets Italian President Napolitano in Rome	low
				5:00	EUR	EU Commissioner Rehn speaks to reporters in Helsinki	low
				5:00	EUR	Unemployment	med		12.2	12.1
				5:00	EUR	HICP (Flash)	high		1.4	1.2
				8:30	USD	Personal spending	med			0.2
				8:30	USD	Personal income	med		0.1	0.2
				8:30	USD	Core PCE Price Index	med		0.1
				8:45	USD	Fed's Pianalto speaks on "Financial Stability Analysis: Using the Tools, Finding the Data" in Washington	low
				9:45	USD	Chicago PMI	med		50	49
				9:55	USD	Univ of Mich Sent. (final)	med		83.7	83.7
				11:00	USD	Fed's Financial Stability Policy Director Liang speaks on financial stability in Washington	low
				21:00	CNY	Chinese PMI Manufacturing	high		50	50.6

After Hours Movers

Top Gaining Stocks Price %Change OVTI Omnivision Technol... 19.05 22.98% UPI Uroplasty Inc. 2.52 13.00% KKD Krispy Kreme Dough... 15.73 10.31% GES Guess Inc 32.30 10.05% BAMM Books-a-million In... 3.15 7.51% NGLS Targa Resources PA... 49.74 5.92% DQ Daqo New Energy CO... 8.13 5.47% RIT Lmp Real Estate In... 13.69 5.42% YRCW Yrc Worldwide Inc.... 21.35 4.91% QADA Qad Inc. 13.23 4.58% AXR Amrep Corp. 7.99 4.39% LGF Lions Gate Enterta... 29.25 4.35% PXLW Pixelworks Inc. 3.67 4.26% UGI Ugi Corp /pa/ 40.00 3.95% RMTI Rockwell Medical I... 4.13 3.51% SYNM Syntroleum Corpora... 6.80 3.50% PBF Pbf Energy Inc. 30.10 3.09% DVR Cal Dive Internati... 2.18 2.83% MCGC Mcg Capital Corpor... 5.20 2.77% UGAZ Velocityshares 3X ... 28.33 2.69%

Top Losing Stocks Price %Change PANW Palo Alto Networks... 46.40 -14.69% WGO Winnebago Industri... 19.11 -9.13% CMS Cms Energy Corp 25.00 -8.05% LBIX Leading Brands Inc... 4.27 -6.97% SPRD Spreadtrum Communi... 18.79 -5.50% GME Gamestop Corp. 31.82 -5.01% SMI Semiconductor Manu... 4.06 -4.47% HGG Hhgregg Inc. 14.94 -4.17% SPLK Splunk Inc. 43.45 -3.91% ACXM Acxiom Corporation... 21.66 -3.90% CBMX Combimatrix Corpor... 3.04 -3.80% GTAT GT Advanced Techno... 4.43 -3.49% UTHR United Therapeutic... 67.00 -3.33% GPK Graphic Packaging ... 7.70 -3.27% VXUS Vanguard Star Fund... 47.48 -3.20% EWL ishares Switzerlan... 29.35 -3.17% MLNX Mellanox Technolog... 54.21 -3.08% MHGC Morgans Hotel Grou... 6.90 -2.95% AER Aercap Holdings N.... 16.77 -2.90% ARCP American Realty Ca... 15.32 -2.85%

Premarket Earning:

Genesco Inc. ( GCO ) is reporting for the quarter ending April 30, 2013. The retail (shoe) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.84. This value represents a 14.29% decrease compared to the same quarter last year. In the past year GCO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.41%. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for GCO is 12.29 vs. an industry ratio of -36.40, implying that they will have a higher earnings growth than their competitors in the same industry. 

Graham Corporation ( GHM ) is reporting for the quarter ending March 31, 2013. The consensus earnings per share forecast from the 2 analysts that follow the stock is $0.31. GHM reported earnings of $0.09 per share for the same quarter a year ago; representing a a increase of 244.44%.