The Day Ahead & News From After The Close on October 10th

In After Hours Trading

3 IPOs on deck today this week. Secondaries On Deck this morning none of note.In After Hours Trading: none of note.

Lower Guidance: .

Mixed Guidance: .

Positive Guidance: .

What's Happening This Morning

U.S. futures: S&P -4.25, Dow Jones -22, NDX -1.25 and Russell 2000 -2.80 with fair value flat. Asia higher ex Hong Kong and Europe higher as well.Copper, silver and gold lower. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury yield at 1.70% yield, one month change +16 and -34 one year change. Prices as of 7:55 a.m. EDT.

Top Sectors Energy, Utilties, Financials, and Technology.

Weak Sectors None of note.

One month winners Utilities, Energy, Materials and Technology.

Three Month Winners Technology, Healthcare, Financials and Consumer Goods.

Six Month Winners Technology, Energy, Materials, Utilities and Industrial Goods.

One Year Winners Utilities, Technology and Industrial Goods.

Year To Date Utilities, Energy, Materials, Industrial Goods, Technology and Consumer Goods.

Earnings Expected

Earnings due after the close (by avg. trade volume): HCSG CUDA.Due Wednesday morning (by avg. trade volume descending): HAIN.

Rags & Mags: Inside Wall Street

Bloomberg: Oil hits a new peak then backs off. British Pound continues to fall. Sansung ended Note 7 prodcution. China seeks to cool real estate speculation.Reported Earnings This MorningReported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): OZRK +.05.Missing: .

Lower Guidance: .

Current Morning missing: .

Mixed Guidance: .

Positive Guidance: .

Data Points

Yesterday saw 2104 stocks rise and 822 fall on the NYSE. NASDAQ saw 1985 rise and 840 fall.

The SP 500 is above its 50 day exponential moving average and above its 200 day exponential moving average. The Russell 2000 is above its 50 day moving exponential average and its 200 day exponential moving average.

The 10 day spread moving average of breadth is back to cash as of the close on September 14th. The Madison Market Timing Indicator is now in cash as of July 8th.

YTD 4475 stocks are higher for 2016 and 1993 are lower. Updated 9/30/16 close.

Economics

None of note.

The latest NYSE and NASDAQ Short Interest Data is due out after the close and reflects data from September 12th through September 27th.

Politico

Russian President Vladimir Putin visits Turkey.

Conference & Analyst Meetings

Meetings or announcements of note, CYDY BBRY N YUM. Jefferies Gene Editing/Therapoy Summit.

Conference of Note: None of note.