Tweet
October 24, 2012
Caution ahead of the afternoon's FOMC announcement is likely to limit any reaction to the flash PMI or new home sales.
Watchlist: MNST BMRN HOG COH WDC VMED MLNX ITW USG LYB RHT EXPE NFLX INFA VRTX CTXS BBBY GILD LULU SWK KORS JOY RLGY
(Some stocks on the list may be 'hard to borrow', please check with your broker)
Economic Calendar:
Highlights
October 24, 2012
The FHFA accidentally released early its August report on home prices Tuesday evening instead of the regularly scheduled Wednesday 10:00 a.m. ET time.
But there is more good news on the housing sector. Home prices rose 0.7 percent in August, following a 0.1 percent rise in July. Analysts expected a 0.4 percent boost for the latest month.
Year-on-year, the index is up 4.7 percent, compared to 3.7 percent in July.
Six of the nine Census regions posted rose in August with one down and two flat. For the nine census divisions, seasonally adjusted monthly price changes from July to August ranged from minus 0.5 percent in the East South Central division to plus 3.0 percent in the Pacific division.
Upgrades & Downgrades ACC, AAPL, BUD, CLS, CHKP, DLTR, DD, FB, MYGN, NOK, NSC, PVA, SEP, UTHR, WHR, KSU, HIG, ATVI, INTC, TWX
(NYSE: ACC) raised to Buy at UBS.
(NYSE: BUD) cut to Sell at Goldman Sachs.
(NASDAQ: AAPL) reiterated Buy and raised target to $800 at Canaccord Genuity.
(NYSE: CLS) cut to Hold at Canaccord Genuity.
(NASDAQ: CHKP) raised to Buy at BofA/ML.
(NASDAQ: DLTR) raised to Conviction Buy List at Goldman Sachs.
(NYSE: DD) cut to Neutral at JPMorgan.
(NASDAQ: FB) raised to Buy at BofA/ML and raised to Buy at Citigroup.
(NASDAQ: MYGN) raised to Buy at BofA/ML.
(NYSE: NOK) maintained Underweight at JPMorgan.
(NYSE: NSC) cut to Neutral at Citigroup.
(NYSE: PVA) started as Neutral at Credit Suisse.
(NYSE: SEP) raised to Outperform at Credit Suisse.
(NASDAQ: UTHR) cut to Neutral at JPMorgan.
(NYSE: WHR) raised to Buy at Goldman Sachs.
Credit Suisse is making changes to its US FOCUS LIST: Kansas City Southern (NYSE: KSU), The Hartford Financial Services Group Inc. (NYSE: HIG), Activision Blizzard Inc. (NASDAQ: ATVI); removed Intel Corp. (NASDAQ: INTC) and Time Warner Inc. (NYSE: TWX).
Gainers, losers:
http://www.marketwatch.com/search?q=movers%20shakers
Posted at: http://elvisuptown.blogspot.com
October 24, 2012
Caution ahead of the afternoon's FOMC announcement is likely to limit any reaction to the flash PMI or new home sales.
Watchlist: MNST BMRN HOG COH WDC VMED MLNX ITW USG LYB RHT EXPE NFLX INFA VRTX CTXS BBBY GILD LULU SWK KORS JOY RLGY
(Some stocks on the list may be 'hard to borrow', please check with your broker)
Economic Calendar:
MBA Purchase Applications
![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
7:00 AM ET
7:00 AM ET
PMI Manufacturing Index Flash
![[Report]](http://mam.econoday.com/images/mam/byconsensus_butt.gif)
8:58 AM ET
8:58 AM ET
New Home Sales
![[Star]](http://mam.econoday.com/images/mam/star.gif)
10:00 AM ET
10:00 AM ET
EIA Petroleum Status Report
![[djStar]](http://mam.econoday.com/images/mam/djstar.gif)
10:30 AM ET
10:30 AM ET
5-Yr Note Auction
1:00 PM ET
1:00 PM ET
FOMC Meeting Announcement
2:15 PM ET
2:15 PM ETHighlights
October 24, 2012
The FHFA accidentally released early its August report on home prices Tuesday evening instead of the regularly scheduled Wednesday 10:00 a.m. ET time.
But there is more good news on the housing sector. Home prices rose 0.7 percent in August, following a 0.1 percent rise in July. Analysts expected a 0.4 percent boost for the latest month.
Year-on-year, the index is up 4.7 percent, compared to 3.7 percent in July.
Six of the nine Census regions posted rose in August with one down and two flat. For the nine census divisions, seasonally adjusted monthly price changes from July to August ranged from minus 0.5 percent in the East South Central division to plus 3.0 percent in the Pacific division.
Upgrades & Downgrades ACC, AAPL, BUD, CLS, CHKP, DLTR, DD, FB, MYGN, NOK, NSC, PVA, SEP, UTHR, WHR, KSU, HIG, ATVI, INTC, TWX
(NYSE: ACC) raised to Buy at UBS.
(NYSE: BUD) cut to Sell at Goldman Sachs.
(NASDAQ: AAPL) reiterated Buy and raised target to $800 at Canaccord Genuity.
(NYSE: CLS) cut to Hold at Canaccord Genuity.
(NASDAQ: CHKP) raised to Buy at BofA/ML.
(NASDAQ: DLTR) raised to Conviction Buy List at Goldman Sachs.
(NYSE: DD) cut to Neutral at JPMorgan.
(NASDAQ: FB) raised to Buy at BofA/ML and raised to Buy at Citigroup.
(NASDAQ: MYGN) raised to Buy at BofA/ML.
(NYSE: NOK) maintained Underweight at JPMorgan.
(NYSE: NSC) cut to Neutral at Citigroup.
(NYSE: PVA) started as Neutral at Credit Suisse.
(NYSE: SEP) raised to Outperform at Credit Suisse.
(NASDAQ: UTHR) cut to Neutral at JPMorgan.
(NYSE: WHR) raised to Buy at Goldman Sachs.
Credit Suisse is making changes to its US FOCUS LIST: Kansas City Southern (NYSE: KSU), The Hartford Financial Services Group Inc. (NYSE: HIG), Activision Blizzard Inc. (NASDAQ: ATVI); removed Intel Corp. (NASDAQ: INTC) and Time Warner Inc. (NYSE: TWX).
Gainers, losers:
http://www.marketwatch.com/search?q=movers%20shakers
Posted at: http://elvisuptown.blogspot.com
No comments :
Post a Comment