Stock market is expected to open lower after closing in the bearish zone. Overnight economic data from Europe showed further contraction of Euro zone PMI. Its 9 month of slowdown in Germany and France while rest of the Europe is in recession. Inspite of weak economy data, market continued to rally with strong support from Euro currency.
US will hit 16.395 trillion in next two week. Eventhough media is ignoring this news, please be aware its very big deal and market can crash if Congress doesn't come up be some solution soon.
For bullish sentiment to continue, Dow jones need to break 12922 and S&P500 need to break 1414 resistance. For bearish sentiment to continue, Dow jones need to break 12906 and S&P500 need to break 1398.
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| Dow Jones expected to open low tomorrow. |
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| Germany DAX entered Crash Zone |
Economic Data
| Date | Time | Currency | Importance | Event | Actual | Forecast | Previous | |||||||
| Dec. 04 | 03:00 | EUR |  | Spanish Unemployment Change | 128.20K | | ||||||||
| 06:00 | BRL | | Brazilian Industrial Production (YoY) | 2.5% | -3.8% | |
After hour Percentage gainer and Loser:
| Percentage Gainers | |||||||||
| Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
| Electro Scientific Industries | ESIO | 17,464 | $11.75 | 1.22 |  11.59 | $11.89 | $10.26 | ||
| DreamWorks Animation SKG Cl A | DWA | 10,447 | 17.13 | 0.86 | 5.29 | 17.75 | 16.26 | ||
| PetMed Express | PETS | 8,922 | 12.00 | 0.45 | 3.90 | 12.31 | 10.95 | ||
| Universal Display | PANL | 5,507 | 24.20 | 0.80 | 3.42 | 24.20 | 22.94 | ||
| ImmunoCellular Therapeutics | IMUC | 9,986 | 2.20 | 0.07 | 3.29 | 2.30 | 2.13 | ||
| Pacer International | PACR | 10,191 | 3.43 | 0.10 | 3.00 | 3.50 | 3.15 | ||
| Enzon Pharmaceuticals | ENZN | 18,378 | 7.10 | 0.19 | 2.75 | 7.84 | 6.29 | ||
| Percentage Decliners | |||||||||
| Issue | Symbol | Volume | Last | Chg | % Chg | High | Low | ||
| Pep Boys-Manny Moe&Jack | PBY | 91,554 | $9.90 | -0.78 | -7.30 | $10.68 | $9.72 | ||
| Proofpoint | PFPT | 486,528 | 10.40 | -0.66 | -5.95 | 11.17 | 10.19 | ||
| General Growth Properties | GGP | 70,138 | 18.51 | -1.00 | -5.13 | 19.53 | 18.51 | ||
| MetroPCS Communications | PCS | 22,011 | 10.36 | -0.41 | -3.81 | 10.78 | 10.36 | ||
| PDL BioPharma | PDLI | 19,491 | 7.47 | -0.25 | -3.24 | 7.92 | 7.31 | ||
| Atlas Pipeline Partners | APL | 51,979 | 30.75 | -0.79 | -2.50 | 31.81 | 30.29 | ||
| Garmin | GRMN | 49,094 | 38.89 | -0.99 | -2.48 | 39.90 | 37.00 | ||
The following companies are expected to report earnings prior to market open.
Bank Of Montreal ( BMO ) is reporting for the quarter ending October 31, 2012. The bank (foreign) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.42. This value represents a 13.60% increase compared to the same quarter last year. BMO missed the consensus earnings per share in the 4th calendar quarter by -3.1%.
AutoZone, Inc. ( AZO ) is reporting for the quarter ending November 30, 2012. The wholesale retail company's consensus earnings per share forecast from the 16 analysts that follow the stock is $5.40. This value represents a 15.38% increase compared to the same quarter last year. In the past year AZO has met analyst expectations once and beat the expectations the other three quarters.
Toll Brothers Inc. ( TOL ) is reporting for the quarter ending October 31, 2012. The building (residential/commercial) company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.23. This value represents a 155.56% increase compared to the same quarter last year. TOL missed the consensus earnings per share in the 1st calendar quarter by -166.67%.
Vail Resorts, Inc. ( MTN ) is reporting for the quarter ending October 31, 2012. The leisure (recreational) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $-1.60. This value represents a 3.90% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 14 days.
Big Lots, Inc. ( BIG ) is reporting for the quarter ending October 31, 2012. The discount retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $-0.24. This value represents a -500.00% decrease compared to the same quarter last year. The last two quarters BIG had negative earnings surprises; the latest report they missed by -12.2%.
Pep Boys-Manny, Moe & Jack ( PBY ) is reporting for the quarter ending October 31, 2012. The wholesale retail company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.17. This value represents a 30.77% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 13 days.
Female Health Company ( FHCO ) is reporting for the quarter ending September 30, 2012. The cosmetic & toiletries company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.11. This value represents a 57.14% increase compared to the same quarter last year. FHCO missed the consensus earnings per share in the 3rd calendar quarter by -36.36%. The "days to cover" for this stock exceeds 10 days.
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