March 19, 2024

Flat session with no catalysts

Index & Sector performance 3/23/15

The Market:

A flat start to the week as the market appeared happy to meander without a strong catalyst to tip the balance one way or the other.  In an otherwise boring tape, the Transportation Index (IYT) is worth noting as it closed down 1.83%.  Most of the big names in the index were lower but Kansas City Southern (KSU) was the clear leader to the downside finishing 7.96% lower on the session after announcing reduced FY15 revenue guidance.

Existing Home Sales came in weaker than expected and we will be watching to see if New Home Sales also see a miss.  Important data is sprinkled throughout the week with CPI tomorrow, Durable Goods Wednesday, Unemployment Claims Thursday, and then GDP Friday with Janet Yellen also scheduled to speak late Friday.

 

Economic Calendar week of 3/23/15

 

Reporting EPS 3/24/15 Pre-Market:

Companies reporting EPS 3/24/15 pre-market


Analyst Comments:

Upgrades 3/23/15

Downgrades 3/23/15

Initiations 3/23/15

Price Target Changes 3/23/15

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