Stock market is expected to open low tomorrow based on chart, but its futures market that decides the direction of the market. There is no FED pomo operation. Fed will decide on interest rate tomorrow. No change should have no effect on the stock market. If Fed shows any doubt about future interest rate, it could spark very rapid sell off. Watch out GLD, NUGT, SLV, DUST for tomorrow.
I'll be watching ADBE, LZB, ROSG, NUGT
After Hours Movers
Economic Calendar:
Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
---|---|---|---|---|---|---|---|---|---|---|
3:30 | EUR | EU Commissioner Rehn, WTO's Lamy speak at EU Economic Conference | low | |||||||
8:30 | EUR | ECB's Liikanen speaks at the Brussels Economic Conference | low | |||||||
8:30 | CAD | Wholesale Sales | low | 0.3 | 0.3 | |||||
12:40 | CAD | BoC Governor Poloz gives speech at the Chamber of Commerce in Ontario | low | |||||||
14:00 | USD | FOMC Rate Decision | high | |||||||
14:00 | USD | Fed releases summary of economic projections | low | |||||||
14:00 | USD | FOMC - Fed Funds Rate | high | 0.25 | 0.25 | |||||
14:30 | USD | Fed Chairman Bernanke holds press conference following FOMC meeting on interest rate policy | high | |||||||
20:00 | WB President Jim Young Kim speaks at "Leadership Matters - Business and Politics as Drivers for Inclusive and Sustainable Development" conference | low |
Earnings:
Company Name | Time | Transcript | Wall St EPS Est($) | Actual EPS($) |
---|---|---|---|---|
FEDEX CORP FDX | Before Open | N/A | 1.96 | N/A |
CROWN CRAFTS CRWS | Before Open | N/A | 0.17 | N/A |
ACTUANT CORP ATU | Before Open | N/A | 0.65 | N/A |
STEELCASE INC SCS | After Market Close | N/A | 0.13 | N/A |
RED HAT INC RHT | After Market Close | N/A | 0.21 | N/A |
MICRON TECH MU | After Market Close | N/A | 0.03 | N/A |
JABIL CIRCUIT JBL | After Market Close | N/A | 0.46 | N/A |
FINISAR CORP FNSR | After Market Close | N/A | 0.09 | N/A |
CLARCOR INC CLC | After Market Close | N/A | 0.67 | N/A |
CINEDIGM DIGITL CIDM | After Market Close | N/A | -0.11 | N/A |
CHINAEDU CP-ADR CEDU | After Market Close | N/A | 0.17 | N/A |
CHINA HYDRO-ADS CHC | After Market Close | N/A | N/A | N/A |