As expected stock market crashed at the open. Dow was down 240 point in morning, but it recovered 140 point from its lows to close at 12,721. S&P500 recovered 12 point from its bottom to close at 1251. Both S&P500 and Dow managed to closed above resistance of 1248 and 12689.
Tomorrow, stock market is expected to open flat or lower inspite of ECB's fine tuning operation. This year we saw maximum rally or higher opening in stock market on Tuesday because of ECB's fine tuning operation. If tomorrow market falls by 100 points, then we should see short term rally in VIX. But don't expect VIX to sky rocket, as its still in Contango, which means any rally in VIX will sell off by the end of the day and that's the reason, we saw sell off in UVXY, TVIX, VXX after initial rally. Once VIX moves into backwardation, then any rally in VIX is sustainable. Till then, play with volatility related stocks on daily basis.
S&P500 similarity with March - April Crash. |
For bearish sentiment to continue, Dow needs to break 12,680 and S&P500 needs to break 1348 followed by 1342.
Economic Calendar
Global Economic Calendar
Other Stock market moving events:
10 a.m.: Nuclear Regulatory Commission Chairman Allison Macfarlane testifies at a hearing on NRC policy and governance oversight, at a joint meeting of the House Energy and Commerce subcommittees on Environment and the Economy and on Energy and Power.
10 a.m.: Oversight hearing on the impact of the Consumer Financial Protection Bureau on credit availability, at the House Oversight & Government Reform subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs.
2 p.m.: Hearing on the impact of Dodd-Frank’s insurance regulations on consumers, jobs and the economy, at the House Financial Services subcommittee on Insurance, Housing and Community Opportunity.
2:30 p.m.: Consumer Financial Protection Bureau Student Loan Ombudsman Rohit Chopra testifies at hearing on private student loans and providing flexibility for borrowers, at the Senate Banking subcommittee on Financial Institutions and Consumer Protection.
After Hours Percentage Gainer and Loser:
Earning Calendar
Dow expected to open flat inspite of ECB's fine tuning operation. |
TIME (ET) | REPORT | PERIOD | ACTUAL | FORECAST | PREVIOUS |
---|
8:58 am | Markit flash PMI | July | -- | 52.5 | |
10 am | FHFA home prices | May | -- | 0.8% |
Global Economic Calendar
TIME (ET) | REPORT | PERIOD | ACTUAL | FORECAST | PREVIOUS |
---|
8:58 am | Markit flash PMI | July | -- | 52.5 | |
10 am | FHFA home prices | May | -- | 0.8% |
Other Stock market moving events:
10 a.m.: Nuclear Regulatory Commission Chairman Allison Macfarlane testifies at a hearing on NRC policy and governance oversight, at a joint meeting of the House Energy and Commerce subcommittees on Environment and the Economy and on Energy and Power.
10 a.m.: Oversight hearing on the impact of the Consumer Financial Protection Bureau on credit availability, at the House Oversight & Government Reform subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs.
2 p.m.: Hearing on the impact of Dodd-Frank’s insurance regulations on consumers, jobs and the economy, at the House Financial Services subcommittee on Insurance, Housing and Community Opportunity.
2:30 p.m.: Consumer Financial Protection Bureau Student Loan Ombudsman Rohit Chopra testifies at hearing on private student loans and providing flexibility for borrowers, at the Senate Banking subcommittee on Financial Institutions and Consumer Protection.
After Hours Percentage Gainer and Loser:
Percentage Gainers | |||||||||
Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
HealthStream | HSTM | 8,954 | $26.00 | 2.73 | 11.73 | $26.00 | $23.27 | ||
Sanmina-SCI | SANM | 62,061 | 8.01 | 0.83 | 11.56 | 8.14 | 7.10 | ||
Ultratech | UTEK | 14,104 | 32.83 | 2.71 | 9.00 | 32.83 | 30.11 | ||
Wet Seal Cl A | WTSLA | 42,462 | 2.87 | 0.21 | 7.89 | 2.87 | 2.49 | ||
Stamps.com | STMP | 9,201 | 25.47 | 1.47 | 6.13 | 25.47 | 24.00 | ||
Westmoreland Coal | WLB | 5,377 | 9.19 | 0.53 | 6.12 | 9.19 | 8.66 | ||
Republic Airways Holdings | RJET | 43,024 | 4.96 | 0.28 | 5.98 | 4.96 | 4.68 | ||
Merge Healthcare | MRGE | 38,692 | 3.14 | 0.17 | 5.72 | 3.14 | 2.95 | ||
BPZ Resources | BPZ | 35,997 | 2.17 | 0.11 | 5.34 | 2.17 | 2.00 | ||
Quidel | QDEL | 12,920 | 17.04 | 0.86 | 5.32 | 17.04 | 16.18 | ||
Baidu ADS | BIDU | 1,370,735 | 112.77 | 5.67 | 5.29 | 117.24 | 105.60 |
Percentage Decliners | |||||||||
Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
DeVry | DV | 422,099 | $21.40 | -6.16 | -22.35 | $27.56 | $21.10 | ||
Elan ADS | ELN | 304,687 | 11.10 | -2.41 | -17.84 | 13.53 | 9.65 | ||
Volterra Semiconductor | VLTR | 27,629 | 22.00 | -3.22 | -12.77 | 25.66 | 21.70 | ||
Bon-Ton Stores | BONT | 5,961 | 7.10 | -0.93 | -11.58 | 8.04 | 7.10 | ||
Transcept Pharmaceuticals | TSPT | 6,050 | 6.06 | -0.57 | -8.60 | 6.63 | 6.06 | ||
Pacific Sunwear of California | PSUN | 7,958 | 2.06 | -0.19 | -8.44 | 2.13 | 2.06 | ||
Grand Canyon Education | LOPE | 22,987 | 17.50 | -1.47 | -7.75 | 19.27 | 17.50 | ||
BlackRock Corporate High Yield Fund III | CYE | 11,694 | 7.15 | -0.59 | -7.62 | 7.20 | 7.05 | ||
Apollo Group Cl A | APOL | 53,704 | 26.78 | -2.14 | -7.40 | 29.40 | 26.53 |
Earning Calendar
Company | Symbol | Period | Estimated EPS | Year Ago EPS | Actual EPS | Time | Details |
---|
Radian Group Inc | RDN | 2Q12 | $ 0.10 | $ 0.01 | $ | Before Market Open | - |
InvenSense, Inc. | INVN | Q1 13 | $ 0.09 | $ N/A | $ | After Market Close | - |
Harmonic Inc | HLIT | Q2 12 | $ 0.07 | $ 0.09 | $ | After Market Close | - |
Aaron's, Inc. | AAN | Q2 12 | $ 0.47 | $ 0.41 | $ | Time Not Supplied | , |
Cybex International Inc. | CYBI | Q2 12 | $ N/A | $ N/A | $ | After Market Close | - |
Sterling Bancorp | STL | Q2 12 | $ 0.15 | $ 0.08 | $ | Before Market Open | - |
SignatureBank | SBNY | Q2 12 | $ 0.89 | $ 0.87 | $ | Before market open | - |
First Financial Bancorp | FFBC | Q2 12 | $ 0.30 | $ 0.27 | $ | After Market Close | - |
Boyd Gaming Corp. | BYD | Q2 12 | $ 0.10 | $ 0.01 | $ | Before Market Open | - |
NEOGEN CP | NEOG | Q4 12 | $ 0.26 | $ 0.25 | $ | Time not Supplied | - |
ROCKY BRANDS INC | RCKY | Q2 12 | $ 0.12 | $ 0.30 | $ | After market close | - |
Spirit Airlines Inc. | SAVE | Q2 12 | $ 0.47 | $ 0.37 | $ | Before Market Open | - |
Astec Industries | ASTE | 2Q12 | $ 0.67 | $ 0.68 | $ | Before market open | - |
MITEK SYSTEMS INC | MITK | 3Q12 | $ -0.03 | $ 0.01 | $ | After Market Close | - |
Domino`s Pizza Inc. | DPZ | Q2 12 | $ 0.46 | $ 0.40 | $ | Before Market Open | - |
Ecopetrol S.A. | EC | Q2 12 | $ N/A | $ N/A | $ | After Market Close | - |
Suncor Energy Inc. | SU.TO | Q2 12 | $ N/A | $ N/A | $ | Time Not Supplied | , |
Suncor Energy Inc. | SU | Q2 12 | $ N/A | $ N/A | $ | Time Not Supplied | , |
Robert Half International | RHI | Q2 12 | $ 0.35 | $ 0.25 | $ | After Market Close | , |
PulaskiFinancialCorp. | PULB | Q3 12 | $ 0.22 | $ 0.11 | $ | After Market Close | - |
AFLAC Inc | AFL | Q2 12 | $ 1.61 | $ 1.56 | $ | After Market Close | - |
Annie's, Inc | BNNY | Q1 13 | $ 0.12 | $ N/A | $ | After Market Close | , |
Lockheed Martin Corp. | LMT | Q2 12 | $ 1.91 | $ 2.14 | $ | Time not Supplied | - |
Sify Limited | SIFY | 1Q13 | $ N/A | $ N/A | $ | Before Market Open | - |
Costamare Inc. | CMRE | Q2 12 | $ 0.29 | $ 0.45 | $ | After Market Close | - |
Edwards Lifesciences Corp. | EW | 2Q12 | $ 0.65 | $ 0.49 | $ | After market close | - |
Ceradyne Inc. | CRDN | Q2 12 | $ 0.36 | $ 0.76 | $ | Before Market Open | - |
A&W Revenue Royalties Income Fund | AW_UN.TO | Q2 12 | $ N/A | $ N/A | $ | Time Not Supplied | , |
Sevcon, Inc | SEV | 3Q12 | $ N/A | $ N/A | $ | After market close | - |
Unisys Corp. | UIS | 2Q12 | $ 0.48 | $ -0.27 | $ | After Market Close | - |
Duff & Phelps Corporation | DUF | Q2 12 | $ 0.23 | $ 0.15 | $ | After Market Close | - |
Wabtec Corp | WAB | 2Q12 | $ 1.23 | $ 0.94 | $ | Before Market Open | - |
Tempur Pedic International Inc. | TPX | Q2 12 | $ 0.38 | $ 0.76 | $ | After Market Close | - |
Illumina Inc. | ILMN | Q2 12 | $ 0.36 | $ 0.38 | $ | After market close | - |
Lexmark International Inc. | LXK | Q2 12 | $ 1.00 | $ 1.36 | $ | Before Market Open | - |
Avery Dennison Corp. | AVY | Q2 12 | $ 0.54 | $ 0.78 | $ | Before Market Open | - |
Community Bank System Inc. | CBU | Q2 12 | $ 0.50 | $ 0.56 | $ | After Market Close | , |
Supertex Inc. | SUPX | Q1 12 | $ 0.08 | $ 0.13 | $ | After Market Close | - |
Range Resources Corp. | RRC | Q2 12 | $ 0.13 | $ 0.27 | $ | After market close | - |
Courier Corp. | CRRC | Q3 12 | $ 0.19 | $ 0.03 | $ | Before market open | - |
Peabody Energy Corp | BTU | Q2 12 | $ 0.53 | $ 1.11 | $ | Time not supplied | - |
Buffalo Wild Wings Inc. | BWLD | Q2 12 | $ 0.68 | $ 0.58 | $ | After market close | - |
Proto Labs Inc | PRLB | Q2 12 | $ 0.20 | $ N/A | $ | Before Market Open | , |
Sigma-Aldrich Corporation | SIAL | Q2 12 | $ 0.98 | $ 0.93 | $ | Time Not Supplied | , |
Ctrip.com | CTRP | Q2 12 | $ 0.11 | $ 0.27 | $ | After Market Close | , |
EZCORP INC | EZPW | Q3 12 | $ 0.61 | $ 0.53 | $ | After Market Close | - |
Tessco Technologies Inc | TESS | Q1 13 | $ 0.50 | $ 0.57 | $ | After market close | - |
NORTHWESTERN CORP | NWE | Q2 12 | $ 0.29 | $ 0.30 | $ | Before Market Open | - |
Husky Energy Inc. | HSE.TO | Q2 12 | $ N/A | $ N/A | $ | Before Market Open | - |
Anixter International Inc | AXE | Q2 12 | $ 1.51 | $ 1.33 | $ | Before market open | - |
Whirlpool Corp. | WHR | Q2 12 | $ 1.64 | $ 2.76 | $ | Before Market Open | - |
Acadia Realty Trust | AKR | Q2 12 | $ 0.24 | $ 0.17 | $ | After Market Close | - |
Waters Corp. | WAT | Q2 12 | $ 1.17 | $ 1.08 | $ | Before Market Open | - |
BE Aerospace Inc. | BEAV | Q2 12 | $ 0.68 | $ 0.54 | $ | Before market open | - |
Penn National Gaming Inc | PENN | Q2 12 | $ 0.65 | $ 0.55 | $ | Before Market Open | - |
FirstMerit Corp. | FMER | 2Q12 | $ 0.28 | $ 0.27 | $ | Before Market Open | -- |
Altria Group Inc. | MO | Q2 12 | $ 0.57 | $ 0.54 | $ | Before Market Open | , |
Virgin Media, Inc. | VMED | Q2 12 | $ 20.13 | $ 30.06 | $ | Before Market Open | . |
Virgin Media, Inc. | VMED.L | Q2 12 | $ 20.13 | $ 30.06 | $ | Before Market Open | . |
Panera Bread Co. | PNRA | Q2 12 | $ 1.43 | $ 1.18 | $ | After Market Close | , |
Reynolds American Inc | RAI | Q2 12 | $ 0.77 | $ 0.71 | $ | Before Market Open | , |
International Game Technology | IGT | Q3 12 | $ 0.29 | $ 0.26 | $ | After Market Close | . |
CYNOSURE INC | CYNO | Q2 12 | $ 0.10 | $ -0.10 | $ | Before Market Open | - |
Ramtron International Corp | RMTR | 2Q12 | $ 0.04 | $ N/A | $ | After market close | - |
Metals USA Holdings Corp. | MUSA | Q2 12 | $ 0.51 | $ 0.57 | $ | Time Not Supplied | , |
Ridgeline Energy Services Inc | RLE.V | Q4 12 | $ N/A | $ N/A | $ | After Market Close | , |
RF Micro Devices Inc. | RFMD | Q1 13 | $ 0.01 | $ 0.08 | $ | After Market Close | - |
Chicago Bridge & Iron Company N.V. | CBI | 2Q12 | $ 0.72 | $ 0.62 | $ | Time not supplied | - |
QUESTCOR PHARMACEUTICALS INC | QCOR | Q2 12 | $ 0.59 | $ 0.23 | $ | After Market Close | , |
Juniper Networks | JNPR | Q2 12 | $ 0.17 | $ 0.31 | $ | After Market Close | - |
Liberty Property Trust | LRY | Q2 12 | $ 0.63 | $ 0.65 | $ | Time Not Supplied | - |
USANA Health Sciences | USNA | Q2 12 | $ 0.92 | $ 0.88 | $ | After Market Close | - |
Infinera Corp. | INFN | Q2 12 | $ -0.16 | $ -0.11 | $ | After markst close | - |
TRUSTMARK CORP | TRMK | Q2 12 | $ 0.44 | $ 0.42 | $ | After Market Close | - |
Pervasive Software Inc | PVSW | Q4 12 | $ 0.04 | $ 0.08 | $ | After market close | - |
Wesbanco Inc. | WSBC | 2Q12 | $ 0.44 | $ 0.45 | $ | After Market Close | - |
Hawaiian Holdings Inc. | HA | Q2 12 | $ 0.17 | $ 0.00 | $ | After Market Close | - |
NXP Semiconductors N.V. | NXPI | Q2 12 | $ 0.40 | $ 0.51 | $ | Before Market Open | - |
TAL Education Group | XRS | 1Q13 | $ 0.04 | $ 0.09 | $ | Before Market Open | - |
Biogen Idec | BIIB | Q2 12 | $ 1.56 | $ 1.36 | $ | Before Market Open | - |
KAYNE ANDERSON ENERGY | KED | Q2 12 | $ 0.07 | $ 1.29 | $ | After Market Close | - |
TripAdvisor, Inc. | TRIP | Q2 12 | $ 0.41 | $ N/A | $ | After market close | - |
BERKSHIRE HILLS BANCORP | BHLB | Q2 12 | $ 0.47 | $ 0.35 | $ | After Market Close | , |
WR Berkley Corp. | WRB | Q2 12 | $ 0.62 | $ 0.46 | $ | After Market Close | , |
Manhattan Associates | MANH | Q2 12 | $ 0.64 | $ 0.65 | $ | After Market Close | , |
Websense Inc. | WBSN | 2Q12 | $ 0.36 | $ 0.35 | $ | After Market Close | - |
Illinois Tool Works Inc | ITW | Q2 12 | $ 1.11 | $ 0.96 | $ | Before market open | - |
Netflix Inc. | NFLX | Q2 12 | $ 0.05 | $ 1.26 | $ | After Market Close | - |
orchids paper products co. | TIS | Q2 12 | $ 0.29 | $ 0.16 | $ | After Market Close | - |
Norfolk Southern Corp | NSC | Q2 12 | $ 1.52 | $ 1.38 | $ | After Market Close | - |
Cymer Inc. | CYMI | Q2 12 | $ 0.06 | $ 0.89 | $ | After Market Close | - |
Broadcom Corporation | BRCM | Q2 12 | $ 0.67 | $ 0.72 | $ | After market close | - |
UNDER ARMOUR INC | UA | Q2 12 | $ 0.10 | $ 0.12 | $ | Before Market Open | - |
RADCOM LTD | RDCM | 2Q12 | $ N/A | $ N/A | $ | Before Market Open | - |
Pentair Inc | PNR | Q2 12 | $ 0.81 | $ 0.75 | $ | Before Market Open | - |
Alliance Fiber Optic Products Inc. | AFOP | Q2 12 | $ 0.15 | $ 0.16 | $ | Time Not Supplied | , |
Zix Corporation | ZIXI | Q2 12 | $ 0.04 | $ 0.04 | $ | After Market Close | , |
Rock Tenn Co | RKT | Q3 12 | $ 1.04 | $ 1.29 | $ | After market close | - |
Century Aluminum Co | CENX | Q2 12 | $ -0.05 | $ 0.26 | $ | Before Market Open | - |
Rogers Communications Inc. | RCI.TO | 2Q12 | $ 0.86 | $ 0.85 | $ | Before market open | - |
Rogers Communications Inc. | RCI | 2Q12 | $ 0.86 | $ 0.85 | $ | Before market open | - |
Associated Estates Realty Corp. | AEC | Q2 12 | $ 0.33 | $ 0.27 | $ | After Market Close | , |
American Campus Communities Inc | ACC | Q2 12 | $ 0.48 | $ 0.43 | $ | After Market Close | , |
Nabors Industries Ltd. | NBR | Q2 12 | $ 0.45 | $ 0.24 | $ | After Market Close | - |
Total System Services | TSS | Q2 12 | $ 0.32 | $ 0.28 | $ | After Market Close | - |
AmSurg Corp. | AMSG | Q2 12 | $ 0.50 | $ 0.41 | $ | Time Not Supplied | , |
Polaris Industries | PII | Q2 12 | $ 0.91 | $ 0.69 | $ | Before market open | - |
Simon Property Group Inc | SPG | Q2 12 | $ 1.81 | $ 1.65 | $ | Before Market Open | - |
ASBURY AUTOMOTIVE GROUP | ABG | 2Q12 | $ 0.64 | $ 0.51 | $ | Before market open | - |
VASCULAR SOLUTIONS | VASC | Q2 12 | $ 0.13 | $ 0.13 | $ | After Market Close | , |
Potlatch Corp. | PCH | Q2 12 | $ 0.09 | $ 0.21 | $ | Before Market Open | - |
ACE Limited | ACE | Q2 12 | $ 1.90 | $ 2.01 | $ | After Market Close | - |
RegionsFinancial Corp. | RF | Q2 12 | $ 0.14 | $ 0.04 | $ | Before Market Open | - |
Ametek Inc. | AME | Q2 12 | $ 0.68 | $ 0.59 | $ | Before Market Open | - |
PrivateBancorp Inc. | PVTB | Q2 12 | $ 0.16 | $ 0.08 | $ $ | Before Market Open | , |
Rockwell Collins | COL | Q3 12 | $ 1.16 | $ 1.01 | $ | Before Market Open | , |
Six Flags, Inc. | SIX | 2Q12 | $ 0.54 | $ 0.62 | $ | Before Market Open | - |
Bell Aliant Inc. | BA.TO | Q2 12 | $ N/A | $ N/A | $ | After Market Close | - |
AT&T Inc. | T | Q2 12 | $ 0.63 | $ 0.60 | $ | Before Market Open | - |
Western Union Co | WU | Q2 12 | $ 0.43 | $ 0.42 | $ | Time not supplied | - |
United Parcel Service | UPS | Q2 12 | $ 1.17 | $ 1.07 | $ | Time not supplied | - |
UMB FinancialCorp | UMBF | Q2 12 | $ 0.69 | $ 0.65 | $ | After market close | - |
Ryder System Inc. | R | Q2 12 | $ 1.10 | $ 0.92 | $ | Before market open | - |
Qiagen NV | QGEN | Q2 12 | $ 0.23 | $ 0.21 | $ | Time not supplied | - |
Qiagen NV | QGENF | Q2 12 | $ 0.23 | $ 0.21 | $ | Time not supplied | - |
Pzena Investment Management, Inc | PZN | Q2 12 | $ 0.08 | $ 0.10 | $ | After market close | - |
Polycom Inc | PLCM | Q2 12 | $ 0.20 | $ 0.26 | $ | Time not supplied | - |
Lennox International Inc | LII | Q2 12 | $ 0.95 | $ 0.84 | $ | Before market open | - |
IROBOT CORP | IRBT | Q2 12 | $ 0.09 | $ 0.29 | $ $ | After Market Close | - |
Hutchinson Technology Inc | HTCH | Q3 12 | $ -0.39 | $ -0.31 | $ | Time not supplied | - |
Gentex Corp. | GNTX | Q2 12 | $ 0.29 | $ 0.27 | $ | Before market open | - |
EMC Corp | EMC | Q2 12 | $ 0.40 | $ 0.35 | $ | Time not supplied | - |
EI DuPont De Nemours & Co. | DD | Q2 12 | $ 1.47 | $ 1.37 | $ | Time not supplied | - |
DHT Holdings Inc. | DHT | Q2 12 | $ 0.05 | $ 0.07 | $ | Time not supplied | - |
Compuware Corp. | CPWR | Q1 13 | $ 0.04 | $ 0.08 | $ | Time not supplied | - |
C.H. Robinson Worldwide Inc. | CHRW | Q2 12 | $ 0.72 | $ 0.67 | $ | Time not supplied | - |
Centene Corp. | CNC | Q2 12 | $ -0.09 | $ 0.64 | $ | Before market open | - |
Carlisle Companies Inc. | CSL | Q2 12 | $ 1.27 | $ 0.87 | $ | Before market open | - |
Cabot Oil & Gas Corp. | COG | Q2 12 | $ 0.07 | $ 0.21 | $ | Time not supplied | - |
AMERIS BANCORP | ABCB | Q2 12 | $ 0.04 | $ 0.06 | $ | Time not supplied | - |
Air Products And Chemicals Inc. | APD | Q3 12 | $ 1.42 | $ 1.46 | $ | Before Market Open | - |
Jarden Corp | JAH | Q2 12 | $ 1.10 | $ 0.89 | $ | Before Market Open | - |
Riverbed Technology, Inc. | RVBD | Q2 12 | $ 0.21 | $ 0.21 | $ | After Market Close | , |
Synovus Financial | SNV | Q2 12 | $ 0.02 | $ -0.07 | $ | Before market open | - |
AK Steel Holding Corp. | AKS | Q2 12 | $ 0.11 | $ 0.32 | $ | Before Market Open | , |
Capella Education Co. | CPLA | Q2 12 | $ 0.64 | $ 0.99 | $ | Before Market Open | , |
Healthways Inc. | HWAY | Q2 12 | $ 0.07 | $ 0.17 | $ | After Market Close | - |
Altera Corp. | ALTR | Q2 12 | $ 0.39 | $ 0.65 | $ | After Market Close | , |
FMC Technologies Inc. | FTI | Q2 12 | $ 0.49 | $ 0.39 | $ $ | After Market Close | - |
Weatherford International Ltd. | WFT | Q2 12 | $ 0.27 | $ 0.17 | $ | After Market Close | - |