Stock market is expected to open higher tomorrow based on the chart. Rest of the day direction will depend on the economic data and the rumor. I'll be watching SWHC, NTRI, RH, LULU. Tomorrow fed is printing 1.75B between 10.15 am EST and 11 am EST.
Economic Calendar:
Premarket Earning:
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 5:00 | EUR | HICP (Final) | med | 1.4 | 1.4 | |||||
| 5:00 | EUR | HICP (Final) | med | 0.1 | -0.1 | |||||
| 5:00 | EUR | HICP - Core (Final) | med | 1.2 | 1 | |||||
| 5:00 | EUR | Employment | low | -0.3 | ||||||
| 7:50 | EUR | EU President Van Rompuy speaks at International Labor Event in Geneva | low | |||||||
| 8:30 | USD | Current Account | med | -111 | -110.4 | |||||
| 8:30 | USD | PPI (ex Food & Energy) | med | 0.1 | 0.1 | |||||
| 8:30 | USD | PPI | high | 0.1 | -0.7 | |||||
| 8:30 | CAD | Manufacturing sales | low | 0.3 | -0.3 | |||||
| 9:00 | USD | Net Long-term TICS Flows | low | -13.5 | ||||||
| 9:15 | USD | Capacity utilisation | med | 77.8 | 77.8 | |||||
| 9:15 | USD | Industrial production | med | 0.2 | -0.5 | |||||
| 9:55 | USD | Univ of Mich Sent. (Prelim.) | med | 84.5 | 84.5 | |||||
| 11:00 | IMF's Lagarde gives press conference on U.S. economy | low | ||||||||
After Hours Movers
Premarket Earning:
Smithfield Foods, Inc. ( SFD ) is reporting for the quarter ending April 30, 2013. The meat product company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.42. This value represents a 2.33% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SFD is 16.38 vs. an industry ratio of 13.90, implying that they will have a higher earnings growth than their competitors in the same industry.
NGL ENERGY PARTNERS LP ( NGL ) is reporting for the quarter ending March 31, 2013. The oil refining company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.06. This value represents a 125.53% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NGL is 18.01 vs. an industry ratio of 21.10.
