Crude Oil

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:

Before Market Opens:
Economics:
8:30am ETDurable Orders - Street Sees 1%Earnings:

ACCO Brands (NYSE: ABD) – consensus EPS $0.19
Advanced Energy Industries (NASDAQ: AEIS) – consensus loss $0.28
Alliance Resource Partners, L.P. (NASDAQ: ARLP) – consensus EPS $0.63
Aluminum Corporation Of China Limited (NYSE: ACH) – no consensus
ArcelorMittal (NYSE: MT) – consensus loss $0.06
Ariba (NASDAQ: ARBA) – consensus EPS $0.17
Ashland (NYSE: ASH) – consensus EPS $0.9
Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) – consensus loss $0.31
Broadpoint Securities Group, Inc. (NASDAQ: BPSG) – consensus EPS $0.05
China Security & Surveillance Tech. Inc. (NYSE: CSR) – consensus EPS $0.58
Coca-Cola Enterprises Inc. (NYSE: CCE) – consensus EPS $0.46
DUNCAN ENERGY PARTNERS LP (NYSE: DEP) – consensus EPS $0.34
Enterprise Products Partners L.P. (NYSE: EPD) – consensus EPS $0.42
Euronet Services (NASDAQ: EEFT) – consensus ...

One Less Job Loss

Before the bell yesterday, we learned that at least one person wasn't going to lose their job during this recession as President Obama saw fit to reappoint Ben Bernanke as Chairman of the Federal Reserve. While there are lots of people pointing fingers and employing a keen sense of 20/20 hindsight in order to suggest what Mr. Bernanke should have done during the early stages of the crisis or even before the crisis got started, there is no denying that the Fed Chairman was creative and did a fine job guiding us through the credit quagmire and the near collapse of the banking system.

Although the news was viewed as a positive by many analysts, this was an outcome that was largely expected. So, while it would be easy to point to the Bernanke nomination as the reason for yesterday's early strength in ...

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:

Before Market Opens:
Economics:
8:30am ET
Durable Orders for June - Street expects -0.6%Earnings:
Affiliated Managers Group (NYSE: AMG) - consensus EPS $0.96
American Tower (NYSE: AMT) - consensus EPS $0.17
Arctic Cat (Nasdaq: ACAT) - consensus loss $0.46
CIBZ (NYSE: CBZ) - consensus EPS $0.12
ConocoPhillips (NYSE: COP) - consensus EPS $0.85
Global Crossing (Nasdaq: GLBC) - consensus loss $0.80
Jones Apparel (NYSE: JNY) - consensus EPS $0.07
Martha Stewart (NYSE: MSO) - consensus loss $0.06
Moody's (NYSE: MCO) - consensus EPS $0.40
Penn National Gaming (Nasdaq: PENN) - consensus EPS $0.36
Qwest (NYSE: Q) - consensus EPS $0.10
Southern Company (NYSE ...

Back In The Black

Although stocks finished in the green on Friday and the DJIA finally made it back into the black for the year, it would appear that the now three-month old rally has been put on hold. While there was some good news to be found – especially Japan’s pronouncement of its support for U.S. Treasuries – it feels like traders are looking for signs of actual improvement in the economy before committing to any additional upside.

As has been the case lately, the day’s outcome was ultimately decided by some last-minute programs, this time to the upside, triggered by the reported upset in the Iranian election. However, with both sides now claiming victory, and by a landslide, of course, this issue isn’t likely to carry forward.

For much of Friday’s session, sentiment was weighed down by several factors including a less-than inspiring number out of the University ...

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:

Before Market Opens:
Economics:
8:30am ET
GDP for Q1 - Street expects down 4.7%, compared to down 6.3% in Q4
Chain Deflator for Q1 - Street expects 1.8%Earnings:
Aetna (NYSE: AET) - consensus EPS $0.93
Affiliated Managers Group (NYSE: AMG) - consensus EPS $0.92
American Tower (NYSE: AMT) - consensus EPS $0.14
Ameristar Casinos (Nasdaq: ASCA) - consensus EPS $0.33
Baker Hughes (NYSE: BHI) - consensus EPS $0.76
Banco Santander (NYSE: STD)
Barrick Gold (NYSE: ABX) - consensus EPS $0.36
Burger King (NYSE: BKC) - consensus EPS $0.34
FTI Consulting (NYSE: FCN) - consensus EPS $0.52
Goodyear (NYSE: GT) - consensus loss $1.38
Hess (NYSE: HES) - consensus loss $0.27
Jones Apparel (NYSE: JNY) - consensus EPS $0.10