IPOs on deck 5 due out this week. Secondaries of note .
Filings after close .
data courtesy of IPO Financial
In After Hours Trading: SURPRISES none of note. FLAT: MISSED: .
Lower Guidance: .
Mixed Guidance: .
Positive Guidance: .
Gold, silver and copper flat to up modestly. WTI Crude and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury price 117.67 with yields higher since Wednesday morning. Prices as of 8:00 a.m. EDT.
Top Sectors Utilities, Financials and Consumer Goods.
Weak Sectors Technology and Healthcare.
One month winners Healthcare,Consumer Goods, Services and Technology.
Three Month Winners Healthcare, Consumer Goods, Services and Technology.
Six Month Winners Conglomerates, Services and Technology.
One Year Winners All except for Utilities.
Year To Date Conglomerates, Healthcare and Services.
Earnings due Wednesday morning: FAST USAT.
IMF cuts global forecast from 3.9% to 3.7%. (CNBC)
Michael moves to a Category 2 as it heads to the Florida panhandle. (USA Today)
Dick Bove the ax in financials says to lower exposure. (CNBC)
Mohamed El-Erian says economy looks good for the next couple of year. (CNBC)
Jack in the Box (JACK) CEO in jeopardy. (Bloomberg)
Tencent Holdings has now fallen 38%. (Bloomberg)
Red Sox hand Yankees worst playoff loss ever. (USA Today)
Amazon (AMZN) wage raise cuts total compensation. (NY Times)
When imported steel makes sense. (NY Times)
Google (GOOGL) hid Google+ social network breach for months. (WSJ)
Hedge funds continue to shut down as $4 billion Tourbillon shuts down. (WSJ)
Missing: none of note.
Lower Guidance: none of note.
Current Morning missing: .
Mixed Guidance: .
Positive Guidance: HELE.
Yesterday saw 1464 stocks rise and 1471 fall on the NYSE. NASDAQ saw 1235 rise and 1793 fall.
The SP 500 is above its 50 day exponential moving average and is above its 200 day exponential moving average. The Russell 2000 is below its 50 day moving exponential average but is above 200 day exponential moving average.
The 10 day spread moving average of breadth is in cash. The Madison Market Timing Indicator is still invested.
YTD 51% of stocks are higher and 49% are lower. Updated 9/28/18 close.
Crude API Petroleum Index due out at 4:30 p.m. EDT.
President Trump to approve E-15 Gas to be used year round at 7:00 p.m. EDT.
2018 IEEE-SA Ethernet & IP @ Automotive Technology Day