Premarket Trading Ideas for May 4th: FCX, X, GPRO

Economic Calendar:

Time	Cur.	Imp.	Event	Actual	Forecast	Previous
Wednesday, May 4, 2016
All Day		Holiday	Japan - Greenery Day
04:00	EUR		Markit Composite PMI (Apr)		53.0	53.0
04:00	EUR		Services PMI (Apr)		53.2	53.2
05:00	EUR		Retail Sales (YoY) (Mar)		2.5%	2.4%
05:00	EUR		Retail Sales (MoM) (Mar)		-0.1%	0.2%
07:00	USD		MBA 30-Year Mortgage Rate			3.85%
07:00	USD		MBA Mortgage Applications (WoW)			-4.1%
07:00	USD		MBA Purchase Index			235.0
07:00	USD		Mortgage Market Index			505.4
07:00	USD		Mortgage Refinance Index			2,067.7
08:15	USD		ADP Nonfarm Employment Change (Apr)		196K	200K
08:30	USD		Nonfarm Productivity (QoQ) (Q1)		-1.4%	-2.2%
08:30	USD		Trade Balance (Mar)		-41.50B	-47.10B
08:30	USD		Unit Labor Costs (QoQ) (Q1)		3.3%	3.3%
09:45	USD		Markit Composite PMI (Apr)			51.7
09:45	USD		Services PMI (Apr)		52.1	52.1
10:00	USD		Factory Orders (MoM) (Mar)		0.6%	-1.7%
10:00	USD		Factory orders ex transportation (MoM) (Mar)			-0.8%
10:00	USD		ISM Non-Manufacturing Business Activity (Apr)		59.2	59.8
10:00	USD		ISM Non-Manufacturing Employment (Apr)			50.3
10:00	USD		ISM Non-Manufacturing New Orders (Apr)			56.7
10:00	USD		ISM Non-Manufacturing PMI (Apr)		54.7	54.5
10:00	USD		ISM Non-Manufacturing Prices (Apr)			49.1
10:30	USD		Crude Oil Inventories		1.695M	1.999M
10:30	USD		Crude Oil Imports			-0.688M
10:30	USD		Cushing Crude Oil Inventories			1.746M
10:30	USD		Distillate Fuel Production			-0.090M
10:30	USD		EIA Weekly Distillates Stocks		-0.083M	-1.695M
10:30	USD		Gasoline Production			-0.231M
10:30	USD		Heating Oil Stockpiles			-0.634M
10:30	USD		Gasoline Inventories		-0.144M	1.608M
18:30	USD		FOMC Member Kashkari Speaks
21:45	CNY		Caixin Services PMI (Apr)		52.6	52.2

Overbought stocks:

Ticker	Market Cap	Float Short	Perf Month	Perf YTD	Price	Change	Volume	Earnings
IRM	7.67B	9.86%	11.55%	37.36%	36.50	-0.27%	11,242,351	Apr 28/b

Oversold Stocks:

Ticker	Market Cap	Float Short	Perf Month	Perf YTD	Price	Change	Volume	Earnings
SRCL	10.22B	8.16%	-25.83%	-21.60%	94.55	-1.24%	2,784,178	Apr 28/a
CUR	31.67M	6.45%	-55.13%	-66.02%	0.35	-40.68%	6,400,168	May 06/b
FWM	3.50M	12.69%	-78.36%	-88.20%	0.08	-62.46%	3,082,870	May 24/a
PRGO	13.80B	6.72%	-24.84%	-33.16%	96.61	0.52%	3,583,281	May 12/b

Premarket earnings

BUD, DLPH, GOLD, HFC, IONS, KATE, MMP, MOS, NBL, OMF, PCLN, SE, TREE, TWX

Postmarket earnings

AGO, AUY, CF, CLR, CTL DRII, ETE, ETP, EXEL, FIT, FNV, FOXA, IMMU, KHC, LNC, MCK, MET, MRO, MTW, MUR, NLY, NVAX, PAA, PAGP, PRU, RICE, RIG, RLYP, TASR, TRIP, TROX, TSLA, TSO, WFM, WFT, WMB, WTW, ZNGA