At today's close there was false sell signal. Market is expected to open higher and close flat for the day.
For Bullish sentiment to continue, Dow needs to break 12,646 and S&P500 needs to break 1338.
For Bearish sentiment to continue, Dow needs to 12,570 and S&P500 needs to break 1328.
Tips: Before you buy stocks, set your exit points of profit and loss.
Charts for S&P500, Nasdaq, TVIX, UVXY will be updated at 8.30 EST
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| Dow expected to open higher on July 13th. |
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| 12,570 key resistance on the downside. |
US Economic Calendar
| TIME (ET) | REPORT | PERIOD | ACTUAL | FORECAST | PREVIOUS |
|---|
| 8:30 am | Producer price index | June | | -0.2% | -1.0% |
| 8:30 am | Core PPI | June | | 0.2% | 0.2% |
| 9:55 am | UMich consumer sentiment | July | | 73.0 | 73.2 |
Earning Calendar
| Company | Symbol | Period | Estimated EPS | Year Ago EPS | Actual EPS | Time | Details |
|---|
| Prism Medical Ltd. | PM.V | Q2 12 | $ N/A | $ N/A | $ | Time not supplied | - |
| IGATE CORP | IGTE | 2Q12 | $ 0.29 | $ 0.16 | $ | Time not supplied | - |
| OCEAN POWER TECH INC | OPTT | 4Q12 | $ -0.30 | $ -0.52 | $ | Before market open | - |
| Webster Financial Corp. | WBS | Q2 12 | $ 0.44 | $ 0.36 | $ | Before Market Open | , |
| Cryolife Inc. | CRY | Q2 12 | $ 0.03 | $ 0.12 | $ | Before market open | - |
| JPMorgan Chase & Co. | JPM | Q2 12 | $ 0.86 | $ 1.27 | $ | Before market open | - |
| PDL BioPharma Inc. | PDLI | Q2 12 | $ 0.47 | $ 0.39 | $ | After market close | - |
| Wells Fargo & Co | WFC | Q2 12 | $ 0.81 | $ 0.70 | $ | Before market open | - |
6.34