Stocks Trading Up in Pre-Market
JAZZ, ASML, AKAM, FUQI, YHOO
Stock Market News, Breakouts, Swing Trades, Stocks in Play, Mojo plays, Position Trades, Options and Daytrades
Stocks surged higher Thursday hitting levels not seen since November of last year. A strong Treasury auction and another round of strong earning reports powered the rally. The DJIA climbed 83.74 after trading much higher intraday, the Nasdaq added 16.54 and the S&P 500 surged 11.60.
Friday is another heavy session of earning releases. Here are 7 stocks you need to know.
Weyerhaeuser (WY | Quote | Chart | News | PowerRating) is forecasting a loss of 71 cents/share Friday before the bell.
Newspaper kingpin, Washington Post (WPO | Quote | Chart | News | PowerRating), expects to see second quarter earnings of $3.62/share prior to the trading session on Friday.
Airline, British Airways (BAIRY | Quote | Chart | News | PowerRating), announces full year results with a forecast loss of $2.12/share weighing on the company before the open on Friday.
Insurer, CNA Surety (SUR | Quote | Chart | News | PowerRating), has forecast a gain of 45 cents/share for the second quarter before the bell Friday.
Popular steak house, Ruth Chris (RUTH | Quote | Chart | News | PowerRating), expects an EPS of 7 cents on Friday prior to the open.
Innovative tool company, Snap-On (SNA | Quote | Chart | News | PowerRating), is fully expecting to see an EPS of 73 cents for the second quarter before the bell on Friday.
The trust formed to consolidate all the bad home loans, PennyMac (PMT | Quote | Chart | News | PowerRating), cut its IPO by 20% and shares fell on the first day of trading.
Word from the Fed that the Recession is slowing in many regions was not enough impetus to push stocks higher on the close. Disappointment in the widely anticipated Microsoft/Yahoo search deal weighed heavily on sentiment leading to a choppy, lack luster overall trading session. The DJIA slipped 26.00, the Nasdaq gave back 7.75 and the broad based S&P 500 dropped 4.47.
Thursday is an extremely active day for earnings; here are 7 of the expected highlights.
Long time cosmetic maker Revlon (REV | Quote | Chart | News | PowerRating) is expected to see a second quarter loss of 8 cents/share Thursday before the open.
Consumer credit kingpin, Mastercard (MA | Quote | Chart | News | PowerRating), has analysts awaiting a second quarter EPS of $2.41 prior to the start of trading on Thursday.
Wall Street has forecast an EPS of 82 cents for consumer food maker Kellogg (K | Quote | Chart | News | PowerRating) Thursday morning before the bell.
Oil giant, Exxon Mobil (XOM | Quote | Chart | News | PowerRating), reports Thursday before the open with an expected EPS of $1.02 for the second quarter.
My kid's favorite stock, Build-A-Bear Workshops (BBW | Quote | Chart | News | PowerRating), is forecast to take a loss of 25 cents/share for the second quarter prior to trading.
Computer software firm, McAfee (MFE | Quote | Chart | News | PowerRating), announces its second quarter earnings during the trading session with an expected EPS of 45 cents.
50 cents/EPS is what Walt Disney Company (DIS | Quote | Chart | News | PowerRating) is forecast to announce after the trading session closes on Thursday.
Consumer confidence figures cratered for the second month in a row despite definitive signals of strength in the economy. Federal Reserve Governor, Janet Yellen, reiterated that a recovery has begun but hedged her optimism by stating it may be a long, drawn out process. The negative confidence numbers combined with a mixed plate of earning reports resulted in the DJIA falling back 11.79, the Nasdaq eased higher by 7.62, and the S&P 500 gave back 2.56.
Here are 7 stocks you need to know for Wednesday.
Media monster, Time Warner (TWX | Quote | Chart | News | PowerRating), is expecting to see a second quarter EPS of 36 cents prior to the session on Wednesday.
After the close on Wednesday, Visa (V | Quote | Chart | News | PowerRating), is forecasting a fiscal third quarter EPS of 64 cents.
Viacom (VIA-B | Quote | Chart | News | PowerRating) - posted lower than expected second quarter results but made it clear that future revenue looks strong.
Rating and research agency, Moody's (MCO | Quote | Chart | News | PowerRating), expects an EPS of 30 cents for the second quarter revealed before the start of trading Wednesday morning.
The second quarter is expected to show an EPS of 51 cents for Coca Cola Enterprises (CCE | Quote | Chart | News | PowerRating), announced Wednesday before the bell.
Wellpoint (WLP | Quote | Chart | News | PowerRating) has its eye on second quarter results of $1.43/share prior to the start of trading on Wednesday.
Golf kingpin, Callaway (ELY | Quote | Chart | News | PowerRating), is looking for an EPS of 12 cents after the close on Wednesday.
Great news from the credit markets that the LIBOR dropped below 0.50% and bullish word from the new home sales front were not enough to trigger aggressive buying in equities. Negative earning news from several bellwethers suppressed any rally attempt with the major indexes just pushing above break even late in the session. The DJIA late day surge pushed it up 15.27, the Nasdaq eased higher by 1.93 and the broad based S&P 500 added 2.92.
Here are 7 Stocks you need to know about for Tuesday.
Mid level luxury handbag and leather good maker, Coach (COH | Quote | Chart | News | PowerRating), is expecting to see fiscal fourth quarter earnings Tuesday morning before the bell, with an expected EPS of 42 cents/share.
One of the original internet companies, EarthLink (ELNK | Quote | Chart | News | PowerRating), announces its 2nd quarter performance prior to trading Tuesday, with an expected EPS of 26 cents.
Fresh Del Monte Produce (FDP | Quote | Chart | News | PowerRating) is forecast to reveal a second quarter EPS of 70 cents before the bell on Tuesday.
The largest gain in new home sales in eight years triggered a bullish surge in such stalwarts as Lennar (LEN | Quote | Chart | News | PowerRating) and Centex (CTX | Quote | Chart | News | PowerRating).
Generic drug giant, Teva Pharmaceuticals (TEVA | Quote | Chart | News | PowerRating), has analysts waiting for a second quarter EPS of 80 cents before trading starts on Tuesday.
Struggling computer innovator, Unisys (UIS | Quote | Chart | News | PowerRating), is forecasting a loss of 1 cent for the second quarter before the bell Tuesday morning.
Microsoft messed up the earnings rally by disappointing the street with below par quarterly numbers. However, positive words from Ben Bernanke stating he was winding down the emergency financial measures counteracted the earnings let down, allowing stocks to close mixed on the day. The DJIA managed to turn positive adding 23.95, the Nasdaq gave back 7.64 and the broad based S&P 500 advanced another 2.97.
Corning (GLW | Quote | Chart | News | PowerRating) is expecting second quarter results of 30 cents/share before the bell Monday.
60 cents/EPS is the forecast figure for Honeywell (HON | Quote | Chart | News | PowerRating) announced prior to trading on Monday.
Chicken king Tyson Foods (TSN | Quote | Chart | News | PowerRating) is looking for an EPS of 18 cents pre-open Monday morning for its second quarter.
XL Capital (XL | Quote | Chart | News | PowerRating) announces its second quarter results after the close on Monday with a predicted number of 67 cents/share.
Microsoft (MSFT | Quote | Chart | News | PowerRating) missed earnings estimates but is making significant progress in settling the European Unions antitrust suit.
Monday's highlight occurs after the bell when Amgen (AMGN | Quote | Chart | News | PowerRating) reveals its second quarter results with an expected EPS of $1.15.
Uptrending internet travel company, Travelzoo (TZOO | Quote | Chart | News | PowerRating), is forecast to see an EPS of 2 cents prior to the opening bell on Monday.
Earnings enthusiasm pushed stocks above the classic technical resistance levels as the bulls took control of the market. Surprisingly strong housing figures combined with the upbeat earnings guided shares solidly higher on the day. Word of Warren Buffett earning billions on his long Goldman Sachs play further added to the optimistic tone. The DJIA soared 188.03, the Nasdaq advanced 47.22, and the S&P 500 climbed 22.22.
Tool maker, Black & Decker (BDK | Quote | Chart | News | PowerRating), announces earnings before the bell Friday with an expected EPS of 37 cents/share.
Chemical giant, Ashland (ASH | Quote | Chart | News | PowerRating), is predicted to see an EPS of 92 cents for the fiscal third quarter prior to the opening of trading on Friday.
Schlumberger (SLB | Quote | Chart | News | PowerRating) has forecast second quarter earnings of 63 cents/share revealed Friday morning before the trading day starts.
Microsoft (MSFT | Quote | Chart | News | PowerRating) disappointed investors with a 29% profit decrease and internet retailer Amazon (AMZN | Quote | Chart | News | PowerRating) posted a 10% profit decline for this quarter after the close.
Retail option broker, OptionsXpress (OXPS | Quote | Chart | News | PowerRating) is expecting to see second quarter earnings of 25 cents/share Friday morning before the bell.
T. Rowe Price (TROW | Quote | Chart | News | PowerRating) announces its second quarter results before trading opens on Friday with forecast earnings of 34 cents.
Stocks ended their winning streak today closing the session mixed. Positive earnings from Starbucks and Apple lifted the Nasdaq into positive territory but falling oil prices and banks depressed the DJIA and S&P 500. Highly negative sentiment emanated from Morgan Stanley who stated the current rally may be transitory and clients should sell into any strength. The DJIA fell 34.68, the Nasdaq gained 10.18 and the broad based S&P 500 fell 0.51.
Here are 7 stocks you need to know for Thursday.
A slight uptick in home prices has focused investor attention on builders KB Home (KBH | Quote | Chart | News | PowerRating) and Lennar Corp (LEN | Quote | Chart | News | PowerRating).
An EPS of 51 cents is what telephone giant AT&T (T | Quote | Chart | News | PowerRating) is expecting to see before the open Thursday morning.
Struggling U.S. Automaker Ford (F | Quote | Chart | News | PowerRating) has analysts predicting a loss of 55 cents for the second quarter announced pre-open on Thursday.
McDonald's (MCD | Quote | Chart | News | PowerRating) has forecast second quarter earnings to be 96 cents/share with the actual number being announced before the bell Thursday.
Analysts are predicting a second quarter EPS of 46 cents for gold miner Newmont Mining (NEM | Quote | Chart | News | PowerRating) announcing Thursday morning before trading starts.
Bristol Myers Squibb (BMY | Quote | Chart | News | PowerRating) will announce its 2nd quarter EPS during trading hours with a forecast number of 47 cents/share.
Stocks advanced for their 6th straight daily gain. Research has indicated that 77% of the reporting companies on the S&P 500 have beat earnings estimates this period. Bernanke appeared slightly nervous during his testimony stating that the markets remain stressed and the budget deficit poses a serious threat to the recovery. Despite Bernanke's nervousness, stocks closed higher with the DJIA adding another 67.79, the tech heavy Nasdaq advanced 6.91 and the broad based S&P 500 climbed 3.45.
Here are 7 stocks you need to know about for Wednesday.
Pizza chain king, Domino's Pizza (DPZ | Quote | Chart | News | PowerRating), reports second quarter earnings Wednesday morning before the bell with an expected EPS of 20 cents.
Eli Lilly (LLY | Quote | Chart | News | PowerRating) is estimated to see an EPS of $1.02 prior to market open on Wednesday.
Drug giant, GlaxoSmithKline (GSK | Quote | Chart | News | PowerRating) reports Wednesday before trading with an average analyst estimate of 86 cents/share.
Boeing (BA | Quote | Chart | News | PowerRating) is counting on an EPS of $1.19 for the second quarter announced before the bell on Wednesday.
Exelon (EXC | Quote | Chart | News | PowerRating) withdrew its offer to purchase Princeton NJ based NRG (NRG | Quote | Chart | News | PowerRating).
Wells Fargo (WFC | Quote | Chart | News | PowerRating) announces 2nd quarter earnings before the open with an expected EPS of 35 cents.
Stocks rocked higher today, extending last week's aggressive rally. Economically positive news from the Conference Board combined with beleaguered commercial lender, Cit Group, obtaining funding to avoid bankruptcy powered the optimistic spirit. Goldman Sachs joined the euphoria by stating that the second half of 2009 may trigger the most forceful stock market rally since 1982. The DJIA soared another 104.21 closing on the high of the day, the tech heavy Nasdaq followed suit adding 22.68 and the broad based S&P 500 gained 10.75.
Here are 7 stocks you need to know for Tuesday:
Tuesday is an extremely active earnings release day.
Coca-Cola (KO | Quote | Chart | News | PowerRating) is expecting to see an EPS of 82 cents before the bell on Tuesday.
Second quarter earnings of Lockheed Martin (LMT | Quote | Chart | News | PowerRating) are forecast to be $1.81/share. The actual figure will be announced prior to trading Tuesday.
Yahoo (YHOO | Quote | Chart | News | PowerRating) is holding off until after the close to reveal their results with an estimated 8 cents/EPS.
Wyeth (WYE | Quote | Chart | News | PowerRating) shareholders have voted to be acquired by Pfizer (PFE | Quote | Chart | News | PowerRating) for $68 billion dollars.
Computer company Apple (AAPL | Quote | Chart | News | PowerRating) is anticipating an EPS of $1.15 after the bell.
Coffee giant Starbucks (SBUX | Quote | Chart | News | PowerRating) announces earning before the bell Tuesday morning with an analyst estimate of 19 cents/share.
The S&P 500 was the only laggard during this fifth straight day of stock market gains. Housing starts hitting 7-year gains and IBM upping its full year forecast fueled the rally. Google and General Electric announcements dragged negatively on the overall positive session. The DJIA closed up 32.12 to 8743.94, the tech heavy Nasdaq gained 1.58 to 1886.61 and the S&P 500 missed the positive mark by giving back just 36 to 940.38.
Here are 7 stocks you need to know about for Monday
Energy company Haliburton (HAL | Quote | Chart | News | PowerRating) is expecting to see a second quarter EPS of .27 cents before the bell.
Legg Mason (LM | Quote | Chart | News | PowerRating) reveals fiscal 2010 first quarter earnings pre open with a forecast of 21 cents.
Internet company, PetMeds Express (PETS | Quote | Chart | News | PowerRating), has a predicted EPS of 31 cents for its fiscal first quarter of 2010.
Citigroup (C | Quote | Chart | News | PowerRating) posted a $4.28 billion profit despite dramatic loan losses.
Housing starts surprised analysts lifting home builders KB Home (KBH | Quote | Chart | News | PowerRating) and DR Horton (DHI | Quote | Chart | News | PowerRating).
Texas Instruments (TXN | Quote | Chart | News | PowerRating) announces second quarter 2009 EPS after the bell with a forecast figure of 19 cents.
Stocks surged higher for the fourth day in a row on positive words from Dr. Doom, Nouriel Roubini, and blow out earning reports from several critical companies. Interestingly, stocks are surging on good news but not selling off on negative news. This is an extremely bullish signal for the future. The DJIA advanced 95.6, the Nasdaq climbed 22.13 and the broad based S&P 500 jumped 8.06.
Goldman Sachs (GS | Quote | Chart | News | PowerRating) downgraded Motorola (MOT | Quote | Chart | News | PowerRating) as the rally pushed shares closer to the $7.00 target price.
Google (GOOG | Quote | Chart | News | PowerRating) beat analysts estimates with an EPS of $4.66/share however the stock is selling off hard in the after hours.
Citigroup (C | Quote | Chart | News | PowerRating) reports earnings before the bell Friday with an estimated loss of 20 cents/share.
Popular bank in the news, Bank of America (BAC | Quote | Chart | News | PowerRating), announces their second quarter earnings prior to the open with estimated earnings of 24 cents/share.
Dow component, General Electric (GE | Quote | Chart | News | PowerRating), reveals second quarter earnings Friday with an expected 24 cents/share.
Computer giant, International Business Machines (IBM | Quote | Chart | News | PowerRating), raised its full year 2009 outlook as earnings readily beat the street.
Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets.