Economic Calendar 4/23/2015


Thursday April 23, 2015


Good Morning Traders,


Morning Notes

US Futures are lower this morning along with European Markets trading off by -1% on news of weaker than expected manufacturing reports. Asian manufacturing reports slowed the most in the prior year while European manufacturing fell unexpectedly. US tech stocks are being led lower by QCOM, FB, and TXN after reporting weak earnings.


The $SPY remains range bound between $211 and $209. In yesterday’s session the $SPY tested support of $209, held and closed higher but below $211. Same levels remain in play with $211 as resistance and $209 as support.


In Play

CYTX: Cytori Therapeutics – The company presented data from two preclinical studies funded through its contract with the United States Biomedical Advanced Research and Development Authority (BARDA) at the 2015 American Burn Association Meeting this week in Chicago. The findings provide greater detail as to how Cytori’s cellular therapeutic improves healing following thermal burn injury even in subjects with substantial radiation exposure. Gapping up 8% with a 78M share float.

Economic Calendar

08:30 Initial Jobless Claims – Consensus 290.0K

08:30 Continuing Jobless Claims – Consensus 2.30M

08:30 Jobless Claims 4-Week Avg.

09:45 Manufacturing PMI [Apr]- Consensus 55.50

10:00 New Home Sales (MoM) [Mar] – Consensus (5.40)%

10:00 New Home Sales [Mar] – Consensus 513.0K

10:30 Natural Gas Storage

11:00 KC Fed Composite Index [Apr]


Earnings Before Open

MMM: 3M – EPS Est. $1.93, Rev Est. $7.86B

PEP: Pepsi – EPS Est. $0.80, Rev Est. $12.24B

LLY: Eli Lilly – EPS Est. $0.75, Rev Est. $4.66B

CAT: Caterpillar – EPS Est. $1.34, Rev Est. $12.49B

CAB: Cabela’s – EPS Est. $0.35, Rev Est. $802.75M

GE: General Motors – EPS Est. $0.96,  Rev Est. $37.61B

KKR: KKR & Co. – EPS Est. $0.64, Rev Est. $267.86M

LUV: Southwest Airlines – EPS Est. $0.64, Rev Est. $4.42B

JNS: Janus Capital – EPS Est. $0.21, Rev Est. $254.46M

PG: Proctor & Gamble – EPS Est. $0.94, Rev Est. $18.53B

DNKN: Dunkin Brands – EPS Est. $0.36, Rev Est. $180.85M


Earnings After Close

P: Pandora – EPS Est. $0.18, Rev Est. $276.25M

SBUX: Starbucks – EPS Est. $0.65, Rev Est. $4.52B

HBI: Hanesbrands – EPS Est. $0.23, Rev Est. $1.22B

MSFT: Microsoft – EPS Est. $0.52,  Rev Est. $21.15B

AMZN: Amazon – EPS Est. $(0.12), Rev Est. $22.43B

ETFC: E*Trade – EPS Est. $0.24, Rev Est. $445.33M

GIMO: Gigamon – EPS Est. $0.04, Rev Est. $42.23M

NEM: Newmont Mining – EPS Est. $0.27, Rev Est. $2.02B

JNPR: Juniper Networks – EPS Est. $0.31, Rev Est. $1.04B

ELY: Callaway Golf – EPS Est. $0.29, Rev Est. $305.67M

BJRI: BJ’s Restaurant – EPS Est. $0.28, Rev Est. $226.63M

FSL: Freescale Semiconductor – EPS Est. $0.45, Rev Est. $1.16B

HA: Hawaiian Holdings – EPS Est. $0.31, Rev Est. $534.13M

Happy Trading!