Monday’s bounce have legs?
Posted by Admin on Monday, March 17, 2014
Index & Sector performance 3/17/14
The Market:
Today’s rally is not unexpected from Friday’s oversold levels and the early continuation to the downside in overnight trading which took us to the low 1820ES levels we were expecting. Until we see the market get through the 1865-70ES region, this action will be considered only a technical relief rally with more downside/consolidation to come.
Economic data to watch for tomorrow is CPI which has core & headline estimates at 0.1% and Building Permits which has an estimate of 0.97M coming off the previous 0.94M.
S&P 500 emini 3/17/14
Economic data week of 3/17/14
Reporting EPS 3/5/14 Pre-Market:
Companies Reporting EPS 3/18/14 pre-market
Analyst Comments:
Upgrades 3/17/14
Downgrades 3/17/14
Initiations 3/17/14
Price Target Changes 3/17/14
Filed under Tabber, The Nightcap · Tagged with AAN, AAPL, ADBE, ALDW, ALE, AMPE, ANN, ARCP, ATW, AVGO, BAX, BHI, BLOX, BRKS, CAM, CBS, CNX, CODE, CVLT, DSCI, DSW, EAC, EDGW, EXR, FB, FDS, FMC, FTNT, GD, GFED, GNC, H, HRS, HTZ, INCY, ISBC, KOG, LLL, LMT, LO, LVLT, MDVN, MEAS, MINI, NNBR, NOC, NOV, PAY, POST, PSA, PTEN, REGN, REXR, RPXC, RTN, SSS, STZ, TCLP, TEVA, TRIP, TSLA, UNP, VMW, VRSN, WTS, WYY, ZNGA