The Day Ahead And Morning News of Note For February 24th

February 24, 2016

In After Hours Trading

2 IPOs on deck Jensyn Acquisition (JSYNU) and Silver Run Acquisition (SRAQU). Secondaries on deck today none of note.In After Hours Trading: DWA +.39 FSLR +.83 PZZA +.05 SF -.16.

Mixed Guidance: FSLR PZZA.

What's Happening This Morning

U.S. futures: S&P -15, Dow Jones -131, NDX -47.755 and Russell 2000 -9.20 with fair value flat. Asia lower ex China and Europe lower.Copperlower with silver and gold higher. WTI Crude and Brent Oil Futures lower. Natural Gas is higher. $ is higher vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury yield at 1.70% yield -7, one month change -36 and -29 one year change. Prices as of 7:55 a.m. EDT.

Top Sectors None of note.

Weak Sectors All.

One month winners Basic Materials and Utilities.

Three Month Winners Utilities.

Six Month Winners Utilities.

One Year Winners none of note.

Year To Date Utilities.

Earnings Expected

Earnings due after the close (by avg. trade volume): CRM NTES HPQ NLY VIPS RIG IMAX.Due Thursday morning (by avg. trade volume descending): BUD TD DLTR CPB APA BBY KSS CVC DPZ CRI ZBRA.

Rags & Mags: Inside Wall Street

Bloomberg: The British Pound traded below $1.39 and some analysts see dropping below levels last seen in 1985. Donald Trump wins the Nevada caucuses. Mario Draghi plan due in two weeks for Europe.

Reported Earnings This Morning

Reported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): CHK +.02 ECA +.10.Lower Guidance: none of note.

Current Morning missing: TGT TJXC.