Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise.
The company operates through three divisions: Corporate and Investment Bank (CIB), Private Clients and Asset Management (PCAM) and Corporate Investments (CI) . The CIB division engages in the origination, sale, financing, structuring, and trading of fixed income, equity, equity-linked, convertible bond, foreign exchange, and commodities products. The PCAM segment provides portfolio/fund management products, including active fund management, passive/quantitative fund management, alternative investments, and discretionary portfolio management solutions in Germany and other continental European countries.The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Economics:
8:30am ET
GDP - Street Sees 3.2%
Initial Claims - Street Sees 525KEarnings:
ABB (NYSE: ABB) – consensus EPS $0.30
Acme United (NYSE: ACU) – consensus EPS $0.39
Aetna Inc. (NASDAQ: AET) – consensus EPS $0.66
AGL Resource (NYSE: AGL) – consensus EPS $0.23
Agree Realty (NYSE: ADC) – consensus EPS $0.69
Airgas (NYSE: ARG) – consensus EPS $0.67
Airvana (NASDAQ: AIRV) – consensus EPS $0.22
Alexander & Baldwin (NASDAQ: ALEX) – consensus EPS $0.28
Allegheny Energy, Inc. (NYSE: AYE) – consensus EPS $0.54
Allergan (NYSE: AGN) – consensus EPS $0.70
AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) – consensus loss $1.47
American Electric Power (NYSE: AEP) – consensus EPS $0.85
AMSC (NASDAQ: AMSC) – consensus EPS $0.12
Apache Corporation (NYSE: APA) – consensus EPS $1.6
Asbury Automotive Group, Inc. (NYSE: ABG) – consensus ...
Resistance: 1 Bulls: 0
Here’s a link to listen to an Audio Version of the report:
In yesterday’s missive, we opined that stocks were bumping into resistance and due for some sort of a pullback, and that it would be important to gauge how the market acts during the inevitable upcoming decline. As evidence for our opinion, we pointed to the fact that both the Dow and S&P 500 were possibly forming a double or triple top, quickly running into the 50-day moving average, and that the indices had become overbought.
But, on the topic of making market calls, I have often borrowed one of Marty Zweig’s most famous lines, and feel that it is appropriate again this morning. Sometime in the 1980’s, Marty said, “Those who use a crystal ball (or, in this case, fancy computerized technical indicators) to make predictions in the stock market are likely to wind up ...
