Tuesday, March 19, 2013

Tuesday, 3.19 outlook

The /ES looks to open around 1550 after closing yesterday 1548. It hit an overnight low of 1545.50 around 0645hrs and a high of 1551 at 0830.

$LULU has earnings on 3/21 and has announced a recall of yoga pants which are unintentionally see through. They also revised lower their expected revenues for the first quarter. The stock is trading at 62.50 in the pre-mkt after closing at 66 yesterday. It hit an extended market low of 58 and a high of 63.75. The only issue with playing this today is that options won't be cheap due to earnings vol pump.

$AAPL absolutely ripped yesterday from 441 to 457. The stock hit 460 in the pre-mkt and could be ripe to rip again off the back of increased dividend talks.

$BAC is also trading higher in the pre-mkt after a steady rip yesterday from 12.26 to 12.68 before closing at 12.55. The stock is trading around 12.80 before market open.

$DSW is down sharply on a weak outlook. The stock closed yesterday at 67 and looks to open around 62.15 after trading at a pre-mkt low of 59.90.

No comments:

Post a Comment