April 6, 2016
In After Hours Trading
IPOs on deck this week include Aeglea BioTherapeutics (AGLE). Secondaries on deck today DOC HTA OASM VKTX.In After Hours Trading: SHLM +.05.
Lower Guidance: none of note. Mixed Guidance none of note.
What's Happening This Morning
U.S. futures: S&P +3.75, Dow Jones +25, NDX +6.25 and Russell 2000 +1.70 with fair value a tad lower. Asia mixed and Europe mostly higher with Germany down -.09%.Copper lower with silver and gold lower. WTI Crude and Brent Oil Futures higher. Natural Gas is lower. $ is higher vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury yield at 1.74% yield +1, one month change -13 and -15 one year change. Prices as of 7:55 a.m. EDT.
Top Sectors None.
Weak Sectors All sectors.
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): APOG BBBY OLLI.Due Thursday morning (by avg. trade volume descending): CAG KMX RAD.
Rags & Mags: Inside Wall Street
Bloomberg: Pfizer/Allergan deal terminated. Federal Reserve minute are due at 2:00 from the last meeting two weeks ago. Oil is rebounded on Kuwait's governor giving the nod that a production freeze may be agreed to. Underdogs win in Wisconsin hitting Trump and Clinton.
Reported Earnings This Morning
Reported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): STZ +.05 GPN +.03 MSM +.03.Lower Guidance: none of note.
Current Morning missing: none of note.
April 6, 2016