Economic Calendar 4/21/2015


Tuesday April 21, 2015


Good Morning Traders,


Morning Notes

US Futures are pointing higher this morning after merger news came out from TEVA on preparing a bid for MYL. MYL is trading over 13% higher in premarket trading. European stocks traded higher early and have since retraced. Asia closed moderately higher.


The $SPY broke back above and held the $209 level leaving the $SPY caught in a very tight range with either a strong move up or down imminent. Resistance remains at $210.20-.30 while support of $209 remains in tact.


In Play

BIOC: Biocept, Inc. – Company announced news that it had entered into a collaboration with the University of California to determine the clinical utility of detecting biomarkers present in CTCs and ctDNA in blood samples for non-small cell lung cancer patients using Biocept’s OncoCEE(TM) LU platform and CEE-Selector(TM) technology. Gapping up over 10% with just over a 12.5M share float.

BCLI: Brainstorm Cell Therapeutics – The company’s NurOwn phase 2a data proved significant effects on ALS patients. Gapping up 11% with a 14.5M share float.


Economic Calendar

08:55 Redbook (MoM)/(YoY)

15:00 Small Business Health Index

16:30 API Weekly Gasoline Stock

16:30 API Weekly Crude Stock

16:30 API Weekly Distillates Stock


Earnings Before Open

BHI: Baker Hughes – EPS Est. $0.70. Rev Est. $5.60B

HOG: Harley Davidson – EPS Est. $1.25. Rev Est. $1.59B

UA: Under Armour – EPS Est. $0.05. Rev Est. $800.60M

LMT: Lockheed Martin – EPS Est. $2.50. Rev Est. $10.24B

AMTD: TD Ameritrade – EPS Est. $0.36. Rev Est. $826.88M


Earnings After Close

ACE: ACE – EPS Est. $2.23. Rev Est. $3.76B

SYK: Stryker – EPS Est. $1.09. Rev Est. $2.39B

YHOO: Yahoo – EPS Est. $0.18. Rev Est. $1.06B

AMGN: Amgen – EPS Est. $2.10.  Rev Est. $4.91B

VMW: VM Ware – EPS Est. $0.84. Rev Est. $1.50B

CMG: Chipotle – EPS Est. $3.62. Rev Est. $1.10B

BRCM: Broadcom – EPS Est. $0.60. Rev Est. $2.01B

YUM: YUM Brands – EPS Est. $0.72. Rev Est. $2.64B

ILMN: Illumina – EPS Est. $0.72. Rev Est. $524.35M

INFN: Infinera – EPS Est. $0.11. Rev Est. $185.61M

DFS: Discover Financial – EPS Est. $1.27. Rev Est. $2.17B

ISRG: Intuitive Surgical – EPS Est. $3.87. Rev Est. $535.65M

Happy Trading!