The Day Ahead And News From After The Close For July 25th
In After Hours Trading
5 IPOs on deck this week. Secondaries on deck this morning CME.In After Hours Trading: APAM -.04 AVB -.02 CNI +.07 CR +.19 GILD +.07 LVS -.04 SSW +.02 TXN +.04 WRB +.03.
Lower Guidance: GILD PEB.
Mixed Guidance: VASC.
Positive Guidance: .
What's Happening This Morning
U.S. futures: S&P -1, Dow Jones +5, NDX +2.75 and Russell 2000 +0.10 with fair value a bit lower. Asia and Europe mixed.Copper lower, silver and gold higher. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, higher vs. Pound and lower vs. Yen. US 10 year Treasury yield at 1.55% yield -3, one month change -1 and -71 one year change. Prices as of 7:55 a.m. EDT.
Top Sectors Technology.
Weak Sectors Energy, Materials and Industrial Goods.
One month winners Basic Materials, Energy, Industrial Goods and Health Care.
Three Month Winners Energy, Materials, Healthcare and Utilities.
Six Month Winners Energy, Materials, Utilities and Industrial Goods.
One Year Winners Utilities, Technology and Industrial Goods.
Year To Date Utilities, Energy, Materials, Industrial Goods and Consumer Goods.
Earnings due after the close (by avg. trade volume): AAPL CB APC EQR EW ILMN BXP BCR AMP CTXS LLTC AKAM JNPR.Due Wednesday morning (by avg. trade volume descending): KO MO BA MDLZ SPG NEE SO GD NOC TMUS ANTM ARMH NSC GLW STT WEC LVLT DPS IR HES ROK LH NDAQ.
Rags & Mags: Inside Wall Street
Bloomberg: BP reported a 45% drop in earnings. Oil is lower again this morning. Bank of England policy maker Martin Weale calls for immediate stimulus after last week saying he needed more evidence. Investors will be watching Apple's (AAPL) earnings to see if pressure of cheaper phones in China and India is hitting them.
Reported Earnings This Morning
Reported Earnings This Morning (Best to Worst absolute beats/misses [+.02 or greater/-.02 or worse]): AOS +.07 BAX +.06 BP +.18 CNC +.20 DTE +.09 DD +.14 EXAS +.09 KKR +.14 MAS +.03 MBLY +.02 TROW +.40 UTX +.14 VLO +.08 WDR +.14 WAT +.13.Missing: .
Lower Guidance: .
Current Morning missing: .
Mixed Guidance: BEAV.