April 14, 2016
In After Hours Trading
IPOs on deck today none of note. Secondaries on deck today LNCE SUM.In After Hours Trading: DDC -.52 PIR +.02.
Lower Guidance: none of note.
Mixed Guidance PIR.
What's Happening This Morning
U.S. futures: S&P -0.75, Dow Jones -4, NDX -2.25 and Russell 2000 -1.40 with fair value a tad lower. Asia higher and Europe higher.Copper, silver and gold lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro, higher vs. Pound and higher vs. Yen. US 10 year Treasury yield at 1.79% yield +2, one month change -18 and -12 one year change. Prices as of 7:55 a.m. EDT.
Top Sectors Financial, Services, Technology and Industrial Goods.
Weak Sectors Utilities.
One month winners Conglomerates, Technology, Basic Materials, Industrials and Services with no sectors lower.
Three Month Winners Utilities.
Six Month Winners Utilities, Technology, Industrial Goods and Consumer Services.
One Year Winners Utilities.
Year To Date Utilities, Conglomerates.
Earnings due after the close (by avg. trade volume): MRVL FFIN CUBI.Due Friday morning (by avg. trade volume descending): C RAI INFY SCHW RF FHN.
Rags & Mags: Inside Wall Street
Bloomberg: Singapore eased overnight which was unexpected. The International Energy Agency (IEA) sees oversupply ending in the second half of 2016. Russian President Vladimir Putin hosts annual marathon Q&A.
Reported Earnings This Morning
Reported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): BLK -.05 DAL +.03 PACW +.03 PNC -.02.Lower Guidance: TSM.
Current Morning missing: BAC PGR SJR WFC.
Mixed Guidance: .
April 14, 2016