沁颍

7/11/2014

Stock futures (/ES) are pointing to a slightly higher open and try to reverse yesterday’s losses. Yesterday started out with heavy losses as most major benchmark indices were down over 1%.  The markets recovered to almost unchanged but fell late in the session on a myriad of troubling economic and geopolitical news.  There is no economic news today so markets will rely on overseas news and the quarterly results from banking giant Wells Fargo (WFC). The CBOE Volatility Index (VIX) rose 8% on the declines and breached the $13 level for the first time in a month and a half. We should see a quick give back today in option volatility if stocks remain in positive territory.

Treasuries are little changed to modestly higher, alongside gains in most global bond markets. Fears over the Portuguese banking system eased off slightly to allow Euro-Zone markets to improve. The 10-year Note yield is trading just above the 2.5% level and remains at low levels as investors are still pouring into the safety of Bonds. U.S. equity futures are higher in tandem with gains in European markets while Asian stocks were mixed on little news overnight. There's little on today's U.S. calendar with just Fed-speak and the June Treasury budget report. Fed speakers include the hawkish Plosser and doves Lockhart and Evans.

Stock Stories:

Wells Fargo (WFC) –Interest -ing –The Banking giant posted in-line EPS with top-line revenue slightly better than expected.  The company’s CEO is optimistic about the bank’s future despite the firm relying on a less than stellar housing market. The shares are down slightly ahead of the opening bell.



Major Economic Reports:

10:15 pm CT – Fed’s Plosser Speaks

1:00 pm CT – Fed’s Evans Speaks

1:00 pm CT – Treasury Budget



Notable Earnings:   

Friday – 7/11:

Before Market:  FAST, INFY, WFC

After Market:  N/A



Monday – 7/14:

Before Market:  C, MTB

After Market:  PPHM, WTFC

黄金奇异果

谢谢月饼美眉

沁颍

亲客气了...
回复 62# 黄金奇异果

沁颍

July 13, 2014

Stocks ended the week down led by declines in Tech and the small caps. Although it was a quiet week for economic data, it was not quiet in the financial markets. Several concerns bumped down stocks—including geopolitical concerns, the Fed and corporate data. Meanwhile, the Fed is working on its exit strategy and the economy actually improved. According to the minutes of the June 17 and June 18 FOMC meeting, the Federal Reserve intends to end its bond-buying program in October provided the economy continues to grow. Traders worried that the Fed will start raising rates sooner than many believe, which pressured markets. Stocks retreated for a second day on Tuesday as investors were cautious ahead of the start of earnings season which was led off by Alcoa (AA). Positive results led to a small rebound midweek for equities. The week ended mixed as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains and head to safety. Losses in European markets quickly spread to the U.S. The week closed on a positive note with a modest rebound, largely on bargain hunting, especially for some tech stocks up notably. The S&P 500 Index (SPX) was down 0.9% this past week while the Dow Jones Industrial Average ($DJI) was off a modest 0.7%. The tech-heavy Nasdaq (NDX) fell 1.6% and the small caps (RUT) led the downside finishing off 4%.



Option Volatility was at extremely low levels to start the week but the declines in stocks quickly sent the ‘Fear Gauge’ spiking. The CBOE Volatility Index (VIX) was near $10 but shot up by 24% to above $12. Although still at a weak level, investors have picked up their option buying as stocks were at all-time highs into the 4thof July holiday. Consumer spending concerns crept into the market as a few retailers warned of continued slow sales. The weather-effect is a thing of the past and retailers expected bigger consumer demands into the summer but that has not materialized.



Treasury yields were down notably this past week with flight to safety the primary reason as economic news was light but positive. The biggest swing down for rates was Tuesday but yields edged down each of the other trading days. The ‘Risk-off’ trade was strong as investors continued to pour money into Bonds. There has also been some increased out-flow into equity funds over the last week, which increased demand for Treasuries. It was a sharp sell-off for Oil Futures (/CL) this week as crude fell by over 3%.  A boost in supplies and mellowing concerns in Iraq had oil falling throughout the week.



There is plenty of economic data and corporate quarterly results to focus on this week. The long list of releases covers a variety of sectors with highlights for the consumer, manufacturing, and housing. Retail sales slowed in May but will recent job gains boost June sales? Industrial production was solid in May but according to production worker hours, there could be some softening in June. This sector has provided key strength to the economy in recent months. Housing has been oscillating recently with starts falling sharply in May so the data will provide further clarity for this sector. Look for earnings reports from bellwethers JP Morgan Chase (JPM), Bank of America (BAC), Intel (INTC) and Google (GOOG/GOOGL) to set the tone on the corporate front this week.


Major Earnings for the Upcoming Week:

Monday:  C, MTB, PPHM, WTFC



Tuesday: CMA, CTAS, CSX, GS, INTC, JNJ, JPM, WWW, YHOO



Wednesday: ABT, BAC, BLK, EBAY, NTRS, PNC, SNDK, STJ, USB, YUM



Thursday: AAL, AN, ATHN, BHI, BAX, BX, COF, DHR, FITB, GOOG/GOOGL, MAT, NVS, PM, PPG, SAP, SLB, STX, SYK, UNH



Friday: BK, FHN, GE, HON, JCI



Economic Releases (7/14-7/18):

Monday:

N/A

                                                                                                                                                                                

Tuesday:

6:45 am CT – GS Store Sales

7:30 am CT– Retail Sales

7:30 am CT – Empire State Mfg. Survey

7:30 am CT – Import & Export Prices

9:00 am CT – Business Inventories

9:00 am CT – Fed’s Yellen Speaks

                                                                                                                                                                                                              

Wednesday:

6:00 am CT – MBA Purchase Applications

7:30 am CT – Producer Price Index (PPI)

8:00 am CT – Treasury Intl. Capital

8:15 am CT – Industrial Production

9:00 am CT – Housing Market Index

9:00 am CT – Fed’s Yellen Speaks

9:30 am CT – Oil Inventories

11:00 am CT – Fed’s Fisher Speaks

1:00 pm CT – Beige Book

                    

Thursday:

7:30 am CT– Weekly Jobless Claims

7:30 am CT– Housing Starts

9:00 am CT – Philly Fed Survey

9:30 am CT – Natural Gas Inventories

12:35 pm CT – Fed’s Bullard Speaks

                                                                                                                                                                                                        

Friday:

8:55 am CT – Consumer Sentiment

9:00 am CT – Leading Economic Indicators

aimei

谢谢，　明天看Ｃ

沁颍

7/14/2014

Stock futures (/ES) are pointing to a higher open to begin the week’s trading. Optimism over the earnings season, which will begin in earnest this week, has led investors to bid up the market. Despite last week’s modest losses, stocks are still near all-time highs. No economic data is slated to be released today, but later this week a number of meaningful reports that will help investors gauge the health of the economy are slated to be released. Investors will also be watching geopolitical events in a number of hot spots, including Israel, Syria, and Ukraine also. The CBOE Volatility Index (VIX) rose 24% last week but is still only at the $12 level. We should see option volatility fall quickly today if stocks stay in positive territory.



Treasuries are mixed near the flat line in quiet trading amid some spillover from weakness in bonds overseas. Overseas news was light but both China and Japan were up nearly 1%. Angst over the Portuguese banking system has subsided for the moment which helped propel European markets higher. However, geopolitics remain a risk with the worsening conditions in the Mideast and Ukraine as the Russian foreign ministry said shelling from Ukraine may have "irreversible" consequences. Today's U.S. calendar is empty but picks up tomorrow as attention will be on Fed Chair Yellen's Monetary Policy Report to Congress (Tuesday, Wednesday). Citigroup and various other financials start off a busy week of earnings announcements.



Stock Stories:

Citigroup (C) – Need more earnings –The Banking has reportedly agreed to settle claims by the Dept. of Justice and FDIC for $7 B. Mortgage backed securities were fraudulent according to the claims and Citi said it’s in the best interest of shareholders to settle the accusations.  The company reported better than expected quarterly results this morning and the shares are up over 3% ahead of the opening bell.



Apple (AAPL) – Ahead of the game? – The tech product maker continues to receive upgraded analyst news ahead of its earnings next week. One new item may produce some short-term turmoil – as China's state media says Apple's iPhone is a threat to the country's national security because of the devices ability to track and time-stamp user locations. The company completely denies the allegations. The stock is up 1% ahead of the opening bell.



Major Economic Reports:

N/A



Notable Earnings:   

Monday – 7/14:

Before Market:  C, MTB

After Market:  PPHM, WTFC



Tuesday – 7/15:

Before Market:  CMA, GS, JNJ, JPM, WWW

After Market:  CSX, INTC, YHOO

沁颍

7/15/2014

Stock futures (/ES) are beginning to show some strength this morning as investors prepare to analyze the positive earnings from some of the country’s largest banks and corporations. Investors will also examine several economic reports that are scheduled to be released today but much of the focus will be on testimony by Fed Chair Yellen to Congress this morning. M&A activity continues to pick up as a couple new deals were announced overnight led by the takeout of Lorillard (LO) by Reynolds American (RAI). Option volatility gave back minor gains yesterday as equities were strong throughout the session. The CBOE Volatility Index (VIX) is back below $12 and should remain weak unless a new downside catalyst appears for stocks.  



Treasuries are trading slightly higher which means the 10-year yield is down this morning. Overseas news was light but the ECB’s Draghi warned that euro zone recovery is at risk with a strong euro.  A weaker than expected German ZEW confidence report boosted most European bond markets. In Japan, the Bank of Japan left policy on hold and modestly trimmed it's 2014-2015 GDP growth projection to 1.0% from 1.1%. The market tone is muted ahead of Fed Chair Yellen's Monetary Policy Report. Analysts see risk of a less than outright dovish tone, though analysts don't expect anything definitive on the exit strategy. Data today will also be monitored with June retail sales, June trade prices, May business inventories, and the July Empire State index on tap, along with weekly chain store sales. Earnings reports after the close include results from Intel (INTC) and Yahoo (YHOO).



Stock Stories:

JP Morgan Chase (JPM) – $ makes $ –The Banking giant posted better than expected quarterly results on the Top and bottom lines. The company added legal expense charges and reported less employees. The shares are up 2% ahead of the opening bell, which was slightly more than the option market predicted.



Goldman Sachs (GS) – Lower estimates to beat! – The investment bank reported quarterly results that beat estimates, albeit on lowered guidance.  The stock is up 1.7% ahead of the opening bell.



Major Economic Reports:

6:45 am CT – GS Store Sales – up 0.1% for the week

7:30 am CT– Retail Sales

7:30 am CT – Empire State Mfg. Survey

7:30 am CT – Import & Export Prices

9:00 am CT – Business Inventories

9:00 am CT – Fed’s Yellen Speaks



Notable Earnings:   

Tuesday – 7/15:

Before Market:  CMA, GS, JNJ, JPM, WWW

After Market:  CSX, INTC, YHOO





Wednesday – 7/16:

Before Market:  ABT, BAC, NTRS, PNC, STJ, TXT, USB

After Market:  EBAY, LVS, SNDK, URI, YUM

沁颍

7/16/2014

Stock futures (/ES) are pointing to a higher open as investors remain optimistic about earnings season. Equities were slightly lower yesterday as Yellen’s testimony to the Senate had traders nervous. Another round of solid reports from some of the country’s largest corporations has put the Dow and S&P near record territory again. Estimates were lowered in many sectors so the beats have to be taken with a grain of salt. Option volatility rose slightly as equities were relatively weak. The CBOE Volatility Index (VIX) seems to have found a near-term bottom near $11 and cracks are appearing. The historically leading small-cap sector (RUT, IWM) was sharply lower yesterday and may be forecasting further downside risk for stocks.  



Treasuries are little changed and are underperforming European and Asian bonds. The 10-year yield traded down to 2.53% and remains in a tight range near this level. Larger than expected demand for a German auction beat down yields, but a beat on U.K. employment data and unwinding of Portuguese banking fears limited the rally. U.S. equity futures are higher in tandem with gains in European markets. Fed Chair Yellen reprises her testimony today before the House Financial Services Committee, which could roil markets. More information from the Fed is also on the way with the release of its Beige Book for the July 29, 30 FOMC meeting at 1 PM CT. Data will continue to fill out the calendar with PPI, industrial production, the NAHB homebuilder sentiment index, Treasury capital flows, and weekly MBA mortgage applications on the docket. There will be Fed-speak from the hawkish Fisher. On the earnings front there are announcements from Yum Brands (YUM), eBay (EBAY), and SanDisk (SNDK). Bank of America just reported better than expected data this morning but the stock is flat.



Stock Stories:

Intel (INTC) – Chipper –The tech bellwether posted better than expected quarterly results on the Top and bottom lines. The company also raised its stock buyback program and increased forward guidance. The shares are up 5.6% ahead of the opening bell, as upgrades and price target increases are pushing the shares to multi-year highs.



Yahoo (YHOO) – Bad = Bad? Finally? – The internet stock reported quarterly results that missed expectations as revenue drops. The only positive at the company now is the big stake in Alibaba, which is going public in the next couple of months. The stock is down 2.8% ahead of the opening bell.



Major Economic Reports:

6:00 am CT – MBA Purchase Applications

7:30 am CT – Producer Price Index (PPI)

8:00 am CT – Treasury Intl. Capital

8:15 am CT – Industrial Production

9:00 am CT – Housing Market Index

9:00 am CT – Fed’s Yellen Speaks

9:30 am CT – Oil Inventories

11:00 am CT – Fed’s Fisher Speaks

1:00 pm CT – Beige Book



Notable Earnings:   

Wednesday – 7/16:

Before Market:  ABT, BAC, NTRS, PNC, STJ, TXT, USB

After Market:  EBAY, LVS, SNDK, URI, YUM



Thursday – 7/17:

Before Market:  AAL, AN, BHI, BAX, CY, FITB, KEY, MAT, MS, NVS, PM, PPG, SAP, SHW

After Market:  AMD, ATHN, COF, GOOG/GOOGL, IBM, SLB, STX, SYK

沁颍

7/17/2014

Stock futures (/ES) are pointing to a lower open ahead of the release of several economic data points. Yesterday saw modest gains in equities but the rally was muted on many fronts. The small-cap sector (RUT/IWM) finished the day in the red while all other major indices were higher. This disturbing trend is playing out as many predicted as small caps historically lead the overall market. Investors are exercising caution as the number of warnings about a stock market bubble increases. Many on Wall Street are waiting for some type of correction, but they have been frustrated as the market has hit several new all-time highs this year. Option volatility should spike higher today on bubble concerns and geopolitical concerns in the Middle East and Ukraine. The CBOE Volatility Index (VIX) fell right to the $11 level once again but as pointed out yesterday, it has repeatedly bounced off this area..  



The flight to quality lifted bonds globally with the 10-year Treasury yield down to the 2.50% level once again.  Increasing Russian-Ukraine tensions and more sanctions on Russia knocked equities lower. Meanwhile, June inflation came in as expected at 0.5% year over year overseas. Today's U.S. calendar includes the July Philly Fed manufacturing index, June housing starts, and weekly initial jobless claims. The Fed's Bullard, a voter, will speak on monetary policy. There are earnings announcements from Morgan Stanley (MS), Google (GOOG/GOOGL), IBM, and UnitedHealth Group (UNH) among others.



Stock Stories:

Morgan Stanley (MS) – Higher Returns –The investment bank posted better than expected quarterly results on the Top and bottom lines. The company reported better Wealth management and investment revenues to offset real estate holdings. The shares are up 1.5% ahead of the opening bell.



Time Warner (TWX) –Rejected! – The entertainment behemoth rejected a buyout attempt by 21stCentury Fox (FOXA) and Rupert Murdoch. The price is too low according to many analysts as they begin their late migration of upgrades to (TWX) shares. The stock is up $1 ahead of the opening bell.



Major Economic Reports:

7:30 am CT– Weekly Jobless Claims

7:30 am CT– Housing Starts

9:00 am CT – Philly Fed Survey

9:30 am CT – Natural Gas Inventories

12:35 pm CT – Fed’s Bullard Speaks



Notable Earnings:   

Thursday – 7/17:

Before Market:  AAL, AN, BHI, BAX, CY, FITB, KEY, MAT, MS, NVS, PM, PPG, SAP, SHW

After Market:  AMD, ATHN, COF, GOOG/GOOGL, IBM, SLB, STX, SYK





Friday – 7/18:

Before Market:  BK, FHN, GE, HON, JCI, VFC

After Market:  N/A

aimei

帖子更新好快
顶上去

沁颍

7/18/2014

Stock futures (/ES) are suggesting a relatively quiet but slightly higher open as investors remain wary following yesterday’s geopolitical events. The benchmark S&P 500 Index (SPX/SPY) fell over 1% on Thursday, which was its biggest one-day fall since the beginning of April. Earnings continue to roll out, with some of the country’s bellwethers reporting last night and this morning. Investors remain optimistic about American companies, but they also believe that world events could trump even the best earnings reports. Investors will be watching the headlines for updates about the Malaysian jet that crashed yesterday, and Israel's ground invasion of Gaza. Option volatility spiked higher on the sell-off yesterday. The CBOE Volatility Index (VIX) rose 32% and broke through levels not seen since the beginning of May.  



The Risk-Off trade was popular yesterday as investors sought the safety of U.S. Treasuries. He 10-year yield fell to the 2.47% level and may see more downward pressure if the geopolitical turmoil continues. Despite the global issues, overseas markets were relatively mixed as market risk increases. The U.S. calendar is thin today. Earnings news will be of interest with General Electric (GE), Honeywell (HON) and VF Corp (VFC). Economic data due is the preliminary read on July consumer sentiment from the University of Michigan and June leading indicators. Next week's calendar includes CPI, housing data, PMI, and durable orders.



Stock Stories:

Google (GOOG/GOOGL) – Rally? –The internet leader posted better than expected quarterly results on the Top line but missed on EPS. The company saw cost-per-clicks down but analysts are still raising target prices. The shares are up 2.5% ahead of the opening bell.



General Electric (GE) –Mixed –  The Blue Chip company reported in-line EPS and a beat on Revenue this morning. The CEO stated that their environment continues to be generally positive as economic conditions improve. The stock is flat in the premarket.



Major Economic Reports:

8:55 am CT – Consumer Sentiment

9:00 am CT – Leading Economic Indicators



Notable Earnings:   

Friday – 7/18:

Before Market:  BK, FHN, GE, HON, JCI, VFC

After Market:  N/A





Monday – 7/12:

Before Market:  BBT, HAL, HAS, MAN, STI

After Market:  BCC, CMG, NFLX, TXN, ZION

aimei

月饼ＭＭ　辛苦了
谢谢

沁颍

July 20, 2014

Stocks once again were ‘bought on a dip’ after a mid-week decline this past week. Upbeat earnings data trumped geopolitical concerns throughout July monthly expiration week for equities. A downed passenger flight over the Russian-controlled section of Ukraine brought fear into the markets but was once again just a bump to the higher trending stock market. Economic data was mixed this past week but modest inflation and slow growth seem to have investors in a positive frame of mind. Many are predicting a correction or pull-back in equities but the fundamental picture at the corporate level still looks healthy, and that causes economists to think that equity markets could continue their upward march in the U.S. The S&P 500 Index (SPX) and the tech-heavy Nasdaq (NDX) both finished the week relatively flat.  The Blue Chip-heavy Dow Jones Industrial Average ($DJI) led stocks almost up 1% but the small caps (RUT) finished the week down 0.7%. The small-caps continue to under-perform the overall market and often are viewed as a gauge of the stock market’s appetite for risk. The width between the Blue-Chips and the small caps continues to widen but should eventually correct at some point in the near-term.



Option Volatility spiked on Thursday this past week after the Malaysian Jet was shot down. The CBOE Volatility Index (VIX) jumped above the $15 level for the first time since the end of April on Thursday. The ‘Fear Gauge’ quickly gave back the gains on Friday as equities rose throughout the session. It is surprising how many risks are evident globally and domestically but downside risk seems to be ignored. A low interest rate environment and an accommodative stance by the Fed continue to provide an avenue for the move into riskier assets such as stocks. Despite this, we have been in the markets for too long to ignore the risks and similarities to the downturns from the mid-nineties, the tech bubble of 2000 and the housing-induced recession from 2007.



Treasury yields ended the week down slightly as bond purchases remained strong. The 10-year Note yield slipped below the 2.5% threshold on Thursday on the equity sell-off as the demand for the safety of U.S. treasuries exploded. Although stocks continue to trade near all-time highs, demand for Bonds continues to rise. This trend may continue as the U.S. is still the favorite of investor’s world-wide as our markets are stable and growth is slowly rising.



With a relatively light economic schedule this week, the focus is will be on earnings and Housing data.  146 companies in the benchmark S&P 500 Index (SPX) deliver second quarter results this upcoming week. 72% of the companies that already reported have beaten consensus forecasts. What many forget while reporting these figures are the reduced expectations that surface ahead of the results. Housing has lagged other sectors during the recovery and they should provide some potential volatility this week if they continue to disappoint.   


Major Earnings for the Upcoming Week:

Monday:

A.M. – AGN, BBT, HAL, HAS, MAN, STI

P.M. - BCC, CMG, NFLX, TXN, ZION



Tuesday:

A.M. – ACI, AMTD, BTU, KO, CMCSA, CS, DPZ, HOG, IR, KMB, LXK, LMT, MCD, MO, RF, STT, TRV, UTX, VZ

P.M.-  AAPL, BRCM, DFS, EA, ISRG, JNPR, MSFT, UIS, VMW, XLNX



Wednesday:

A.M. – BIIB, BA, DAL, DOW, EMC, FCX, GD, JNS, NSC, NOC, OC, PEP, PX, RAI, SPG, TMO

P.M. – ANGI, CA, CRUS, CTXS, FFIV, FB, FIO, GILD, MBFI, QCOM, RJF, T, TER, TEX, TSCO, TRIP



Thursday:

A.M. – BSX, BMY, COG, CAJ, CAT, CELG, CNX, DHI, DAN, DPS, DNKN, LLY, F, GM, HSY, JBLU, KKR, NOK, NUE, POT, RTN, LUV, HOT, SVU, UAL, UA, UNP, USG

P.M. – ALTR, AMZN, BIDU, ELY, CB, CLF, DECK, KLAC, NTGR, OLN, P, PFG, RVBD, SBUX, TSRO, UHS, VRSN



Friday:

A.M. – AON, COV, MCO, SWK, VTR, WHR, XRX



Economic Releases (7/21-7/25):

Monday:

7:30 am CT – Chicago Fed Activity Index

                                                                                                                                                                                

Tuesday:

6:30 am CT – NFIB Small Business Optimism Index

6:45 am CT – GS Store Sales

7:30 am CT– Consumer Price Index (CPI)

8:00 am CT – FHFA House Price Index

9:00 am CT – Existing Home Sales

9:00 am CT – Richmond Fed Mfg. Index

                                                                                                                                                                                                              

Wednesday:

6:00 am CT – MBA Purchase Applications

9:30 am CT – Oil Inventories



Thursday:

7:30 am CT– Weekly Jobless Claims

8:45 am CT– PMI Mfg. Index Flash

9:00 am CT – New Home Sales

9:30 am CT – Natural Gas Inventories

10:00 am CT – Kansas City Fed Mfg. Index

                                                                                                                                                                                                        

Friday:

7:30 am CT – Durable Goods Orders

沁颍

7/21/2014

Stock futures (/ES) are pointing to a lower open as Israel steps up its ground offensive in Gaza. Also worrying investors is increased tension between Western leaders and Russia, in the wake of new evidence showing that the missile used to shoot down the Malaysian jet was Russian. Investors will be watching an avalanche of earnings this week, as 146 of the S&P 500 companies report quarterly results. Equities continue to shake off any negative catalyst but they may be due for a correction at some point. Option volatility is reflecting the upward trending direction in stocks as it remains at low levels. The CBOE Volatility Index (VIX) finished last week flat but did see some spikes higher on the geopolitical news.  



Treasuries are relatively flat in quiet trading. Geopolitics are keeping the markets cautious but aren't adding to ‘risk off’ trades which were in favor last week. The 10-year note is holding just under 2.50%. Overseas action was weak as most stock markets are lower. The Bundesbank estimated German growth stagnated in Q2 in its monthly report, and June PPI inflation nudged higher. There wasn't much data overnight and the U.S. calendar is empty except for the Chicago Fed Activity Index.  Earnings news will highlight today with Netflix (NFLX) and Chipolte (CMG) after the close, with plenty of Blue chips reporting later this week. Data over the rest of the week includes June CPI, June existing home sales, June new home sales, initial jobless claims, and June durable goods.



Stock Stories:

Apple (AAPL) – Forecasting –The tech product maker gets two more positive releases today as an upgrade and price target raise has the stock up in the pre-market. Despite the lack of a new product recently, analysts believe that the company will beat estimates when it releases quarterly results tomorrow after the close.



Halliburton (HAL) –Pumping up –  The oil services company posted in-line EPS this morning but did beat on its top-line Revenue estimates. The company increased its share repurchase authorization and see improving activity levels in North America. The stock is up  over 1% in the premarket.



Major Economic Reports:

7:30 am CT – Chicago Fed Activity Index



Notable Earnings:   

Monday – 7/21:

Before Market:  AGN, BBT, HAL, HAS, MAN, STI

After Market:  BCC, CMG, NFLX, TXN, ZION



Tuesday – 7/22:

Before Market:  ACI, AMTD, BTU, KO, CMCSA, CS, DPZ, HOG, IR, KMB, LXK, LMT, MCD, MO, RF, STT, TRV, UTX, VZ

After Market:  AAPL, BRCM, DFS, EA, ISRG, JNPR, MSFT, UIS, VMW, XLNX

aimei

thanks