24/7 Wall St. » ROSG

Myriad Genetics, Angelina Jolie and Genomics in Focus

Jon C. Ogg — Tue, 14 May 2013 17:58:40 +0000

Myriad Genetics Inc. (NASDAQ: MYGN) is seeing a benefit in its share price after actress Angelina Jolie wrote that a genetic test using Myriad’s gene sequencing tested positive for the gene with much higher risks for breast cancer and ovarian cancer. The BRCA1 gene’s positive test led Angelina Jolie to have a double mastectomy.

What is interesting is that the news came at close enough to the same time that Genomic Health Inc. (NASDAQ: GHDX) filed to sell up to 10 million shares of common stock. That company is planning to raise the funds for general corporate purposes, which include working capital, capital spending, debt repayment or redemption, and future acquisitions and strategic investment opportunities.

Myriad Genetics has been at the center of much controversy because it has been in legal fights for years to protect that patenting of certain genes. By going after patenting the genes themselves, the argument was that Myriad was trying to own a piece of each and every one of us rather than merely patenting how it would identify certain genes or how to treat those genes.

Myriad shares are up 2.1% at $33.81 and the stock hit a new 52-week high of $34.67. Genomic Health Inc. is up 2.1% at $35.56 on the day. A much smaller player is Rosetta Genomics, Ltd. (NASDAQ: ROSG), but its shares have not felt the same reward and interest has avoided the highly volatile stock name as it has lost more than 80% from its peak value in the last year.

Filed under: Healthcare (Business) Tagged: GHDX, MYGN, ROSG

Today’s Market Winners and Losers

Samuel Weigley — Wed, 09 Jan 2013 15:32:43 +0000

The stock market is up Wednesday, with the Dow Jones Industrial Average up 0.61%, the Nasdaq up 0.54% and the S&P 500 up 0.46%. Today’s winners include a medical diagnostic developer who reported good results on a study and a medical device maker who reported higher than expected sales estimates for 2013. The sole loser is a for-profit educator continuing to struggle with declining enrollment.

These are Wednesday’s market winners and loser.

Biggest Winners

Shares of Rosetta Genomics, Ltd. (NASDAQ: ROSG) are up 22.05% to $5.62 on trading volume of 2.8 million shares. The medical diagnostics developer’s shares rose following positive news of a tumor study. The 52-week high is $23.43.

Shares of NuVasive, Inc. (NASDAQ: NUVA) are up 10.91% to $17.48 on trading volume of 1.5 million shares. The company, which makes devices to treat spinal problems, announced it would likely achieve sales of about $655 million in 2013, better than the $638.2 million analysts polled by Reuters had expected. The 52-week high is $25.99.

Biggest Loser

Shares of Apollo Group Inc. (NASDAQ: APOL) are down 8.98% to $19.06 on trading volume of 4.2 million shares. The for-profit educator, which is the parent company of the University of Phoenix, announced that enrollment in its programs declined by 14% and new students signing up for classes fell 15% for the quarter, the third straight quarter of declines. The 52-week high is $58.29.

Follow Samuel on Twitter: SWeigley

Filed under: Investing Tagged: APOL, NUVA, ROSG

24/7 Wall St. Closing Bell — August 23, 2012: Markets Lose Ground on Weak Data (XOM, NOC, SWY, CS, WFM, HPQ, KKD, FLWS, BIG, HRL, JKS, ADSK, BEBE, CRM, SCVL, SOL, MSG, NOK, ROSG, JKS)

Paul Ausick — Thu, 23 Aug 2012 20:04:49 +0000

The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower than expected in China (more coverage here), followed by weakness in the overall flash PMI from the Eurozone (more coverage here). Yesterday’s FOMC minutes offered more hope for additional easing, which pumped some life in this morning’s futures as well. New claims for unemployment benefits came in worse than expected (more coverage here), while new home sales were higher than estimates (more coverage here). Housing prices in the U.S. also continued to rise, up 0.7% in June according to the FHFA.

The US dollar index fell today, now down 0.16% at 81.357. The GSCI commodity index is up fractionally today at 676.69, with commodities prices almost uniformly lower. WTI crude oil finished down 1% today, closing at $96.27/barrel. Brent crude trades up 0.03% at $114.95/barrel. Natural gas is down 0.2% today to $2.82/thousand cubic feet, following a larger-than-expected increase to U.S. inventories (our coverage here). Gold settled at $1,672.80/ounce, up 2% at a four-month high on the expectation of more quantitative easing.

The unofficial closing bells put the DJIA down about 114 points to 13,058.70 (-0.87%), the NASDAQ fell more than 20 points (-0.66%) to 3,053.40, and the S&P 500 fell -0.81% or more than 11 points to 1,402.11.

There were several analyst upgrades and downgrades today, including Exxon Mobil Corp. (NYSE: XOM) maintained as ‘neutral’ but target price raised to $90 at Credit Suisse, Northrop Grumman Corp. (NYSE: NOC) cut to ‘underperform’ at UBS; Safeway Inc. (NYSE: SWY) cut to ‘hold’ at Jefferies; Credit Suisse (NYSE: CS) raised to ‘buy’ at Deutsche Bank; and Whole Foods Market Inc. (NASDAQ: WFM) started as ‘outperform’ at Wells Fargo.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: Hewlett-Packard Co. (NYSE: HPQ) is down 7.8% at $17.71 (more coverage here); Krispy Kreme Doughnuts Inc. (NYSE: KKD) is up 5.8% at $7.35; 1-800-Flowers.com Inc. (NASDAQ: FLWS) is down 1.3% at $3.55; Big Lots Inc. (NYSE: BIG) is down 23% at $29.89 after posting a new 52-week low of $29.33 earlier today (more coverage here); Hormel Foods Corp. (NYSE: HRL) is up 1.4% at $28.83; and Jinkosolar Holding Co. Ltd. (NYSE: JKS) is down 0.7% at $2.95.

Earnings releases scheduled before tomorrow’s open include Aruba Networks Inc. (NASDAQ: ARUN), Autodesk Inc. (NASDAQ: ADSK), bebe Stores Inc. (NASDAQ: BEBE), Salesforce.com Inc. (NYSE: CRM), Shoe Carnival Inc. (NASDAQ: SCVL), ReneSola Ltd. (NYSE: SOL), and The Madison Square Garden Co. (NASDAQ: MSG).

Some standouts from today include the following stocks:

Nokia Corp. (NYSE: NOK) is up 10.5% at $3.18. The mobile phone maker has no news today, but with more than 37 million shares held short, there is likely to be some short covering going on.

Rosetta Genomics Ltd. (NASDAQ: ROSG) is up 45.9% at $6.90. The health diagnostics maker got an upgrade today, adding to a doubling of the share price since the beginning of the year (more coverage here).

Guess? Inc. (NYSE: GES) is down 22.7% at $25.92. The apparel and accessories retailer missed earnings expectations and lowered guidance after markets closed yesterday.

Stay tuned for Friday.We have noted the following events on the schedule (all times Eastern):

8:30 a.m. – Durable goods orders

Paul Ausick

Filed under: Investing Tagged: ADSK, BEBE, BIG, CRM, CS, FLWS, HPQ, HRL, JKS, KKD, MSG, NOC, NOK, ROSG, SCVL, SOL, SWY, WFM, XOM

Today’s Market Winners and Losers

247sam — Thu, 23 Aug 2012 14:33:03 +0000

Stocks are down Thursday following the news that initial jobless claims rose to 372,000 last week. The Dow Jones is down 0.61%, the Nasdaq is down 0.66% and the S&P 500 is down 0.52%. Today’s market winners include an analyst upgrade and an acquisition, while today’s losers include a retailer who missed earnings and a giant technology company forseeing trouble in the future.

Here are Thursday’s market winners and losers.

Biggest Winners

Shares of Rosetta Genomics, Ltd. (NASDAQ: ROSG) are up 18.81% to 5.62 on trading volume of 4.5 million shares. Flyonthewall.com reports that the company has just received a ‘Buy’ rating from Aegis, and the target price has been set for $16. The 52-week high is $26.70.

Shares of The Hain Celestial Group, Inc. (NASDAQ: HAIN) are up 15.82% to $65.91 on trading volume of 1.9 million shares. The company announced Thursday it plans to buy some food lines from Premier Foods PLC for approximately $318 million. Before Thursday, the 52-week high was $58.31.

Biggest Losers

Shares of Big Lots Inc. (NYSE: BIG) are down 21.16% to $30.62 on trading volume of 4.3 million shares. The company earned 36 cents a share in the second quarter, below the 41 cents a share analysts polled by Reuters were expecting. Before Thursday, the 52-week low was $30.79.

Shares of Hewlett-Packard Company (NYSE: HPQ) are down 6.72% to $17.91 on trading volume of 21.4 million shares. While the company’s third-quarter financials were in line with Wall Street expectations, CEO Meg Whitman hinted to analysts that there would likely be trouble in the personal computer business. The 52-week low is $17.41.

Samuel Weigley

Follow him on Twitter: SWeigley

Filed under: Investing Tagged: BIG, HAIN, HPQ, ROSG

Huge Upside Call Driving Rosetta Genomics

Jon C. Ogg — Thu, 23 Aug 2012 12:59:10 +0000

Rosetta Genomics, Ltd. (NASDAQ: ROSG) has had a stellar week so far, and things are looking even better for what had been a battered microRNA-based molecular diagnostic test-maker. Dow Jones reported that a research firm called Aegis Capital has initiated coverage of Rosetta Genomics with a “Buy” rating. Here is where the real interest may get stoked: the research firm’s price target objective is set up at $16.00 per share, supposedly as one of the most overlooked names in the molecular diagnostic group.

Shares rose on Monday from about $4.00 to just over $5.00 by Tuesday and the closing bell on Wednesday was $4.73. It is also worth noting that Rosetta just raised $27.5 million in gross proceeds earlier this month when it sold 5.5 million shares at $5.00 per share to fund its operations and for other general corporate purposes.

The report today is significant even if we haven’t ever heard of Aegis Capital. The stock was battered and is way down from highs as the 52-week range is $1.40 to $26.70. If you use the analyst target compared to yesterday’s close of $4.73, then the firm is projecting upside of well over 200%. No wonder this is one of the leaderboard stocks so far with a 14% gain to $5.35 in active pre-market volume.

JON C. OGG

Filed under: Healthcare (Business) Tagged: ROSG

24/7 Wall St. Closing Bell — May 24, 2012 (HPQ, ARMH, DUK, NOV, MET, FRED, HNZ, TIF, COST, TD, CRMT, MENT, POST, FRO, JDAS, NTAP, ROSG, P)

Paul Ausick — Thu, 24 May 2012 20:05:29 +0000

The three major US stock indexes opened lower this morning following a weak report on Chinese and German PMI readings (our coverage here and here). New US jobless benefits claims came in pretty much as expected and Kansas City Fed manufacturing data significantly beat estimates. Tech stocks soured the Nasdaq today and weighed on the other indexes as well. The US dollar index rose today, now up 0.27% at 82.318. The GSCI commodity index is down about 2% at 625.52, with commodities prices mixed. WTI crude oil closed up 0.9% at $90.66/barrel, staunching a two-day slide, and Brent crude trades up 0.92% at $106.53/barrel. Natural gas fell -3.3% today to $2.647/thousand cubic feet, following another inventory build (our coverage here). Gold settled up 0.6% today, at $1,557.60/ounce.

The unofficial closing bells put the DJIA up nearly 34 points to 12,530.91 (0.27%), the NASDAQ fell nearly 11points (-0.38%) to 2,839.38, and the S&P 500 rose 0.14% or nearly 2 points to 1,320.73.

There were several analyst upgrades and downgrades today, including Hewlett-Packard Co. (NYSE: HPQ) maintained as ‘neutral’ but estimates raised at Credit Suisse; ARM Holdings plc (NASDAQ: ARMH) raised to ‘buy’ at S&P; Duke Energy Corp. (NYSE: DUK) raised to ‘buy’ at UBS; National Oilwell Varco (NYSE: NOV) raised to ‘buy’ at SocGen; and MetLife Inc. (NYSE: MET) raised to ‘buy’ with a target price of $46 at Argus.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: Hewlett-Packard is up 3% at $21.72 (more coverage here); Fred’s Inc. (NASDAQ: FRED) is down -2.5% at $14.05; H.J. Heinz Co. (NYSE: HNZ) is down -0.8% at $53.41; Tiffany & Co. (NYSE: TIF) is down -7.5% at $57.17 after posting a new 52-week low of $55.75 earlier today (more coverage here); Costco Wholesale Corp. (NASDAQ: COST) is up 1% at $84.16 (more coverage here); and The Toronto-Dominion Bank (NYSE: TD) is down -0.3% at $76.54.

Tomorrow we are scheduled to get earnings reports from America’s Car-Mart Inc. (NASDAQ: CRMT), Mentor Graphics Inc. (NASDAQ: MENT), Post Holdings Inc. (NYSE: POST), Frontline Ltd. (NYSE: FRO), and JDA Software Group Inc. (NASDAQ: JDAS).

We’ve also reviewed some potential value stocks among major oil companies, gold & silver miners, conglomerates, industrials, retail, and semiconductor stocks.

Other standouts from today include the following stocks:

Rosetta Genomics Inc. (NASDAQ: ROSG) is up nearly 52% at $17.07. The medical device maker is still booming on last week’s announcement that treatment would be covered by Medicare.

Pandora Media Inc. (NYSE: P) is up 12.5% at $11.62. The Internet radio company reported better-than-expected results last night. More coverage here.

Stay tuned for Friday. Philadelphia Fed President Charles Plosser is giving a speech. We have also noted the following events on the schedule (all times Eastern):

9:55 a.m. – Reuters/University of Michigan consumer sentiment index

Paul Ausick

Filed under: Investing Tagged: ARMH, COST, CRMT, DUK, FRED, FRO, HNZ, HPQ, JDAS, MENT, MET, NOV, NTAP, P, POST, ROSG, TD, TIF

5 Unusual Against-The-Grain Winners (ALU, GDX, PCX, ROSG, SCHS)

Jon C. Ogg — Wed, 23 May 2012 19:32:36 +0000

The market was down significantly earlier in the day with a double-digit S&P 500 drop and a triple-digit drop in the DJIA. We wanted to see some unusual gainers on the day, which are not just the largest gainers. These were in shares of Alcatel-Lucent, S.A. (NYSE: ALU), Market Vectors Gold Miners ETF (AMEX: GDX), Patriot Coal Corporation (NYSE: PCX), Rosetta Genomics Ltd. (NASDAQ: ROSG), and School Specialty Inc. (NASDAQ: SCHS) as the most unusual movers today. We have shown each of these with the moves listed in the last hour of trading.

When was the last time anything good happened to Alcatel-Lucent, S.A. (NYSE: ALU)? It has been a while. With a contract win, with the highlights around its patents, and with the highlight around speedier web traffic, this one rose on a down day. In fact, Alcatel-Lucent was up 4.7% a $1.55 on the day with less than an hour until the closing bell.

Gold was down big earlier as investors are liquidating everything for a source of liquidity. So what are gold miners rising handily? Market Vectors Gold Miners ETF (AMEX: GDX) is the go-to ETF for gold mining stocks and offers a great basket of the major global gold players. This ETF was up 3.6% at $44.10 against a 52-week range of $39.08 to $66.98. We just highlighted the value and huge upside that the components offer here.

Patriot Coal Corporation (NYSE: PCX) is in trouble and its viability is in question, Still, yesterday’s news of working with Blackstone trumped a credit rating downgrade today. The coal player was up 21% at $2.65 on more than 19 million shares as of the end of the day.

Rosetta Genomics Ltd. (NASDAQ: ROSG) has continued its post-reverse-split surge and this is up almost 400% from the start of last week. This is continued buying pressure after Medicare coverage came out. Even a small capital raise has been ignored. Shares are up another 37% at $10.23 and the post-split adjusted 52-week range is $1.40 to $36.45.

School Specialty Inc. (NASDAQ: SCHS) is surging simply on a debt refinancing. That is not your usual rally tool, but the move here is massive. Shares were up 23% at $3.00 in the last hour of trading and the 52-week range is $2.15 to $15.84.

JON C. OGG

Filed under: Investing Tagged: ALU, GDX, PCX, ROSG, SCHS

24/7 Wall St. Closing Bell — May 17, 2012

Paul Ausick — Thu, 17 May 2012 20:04:49 +0000

The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data from the Philadelphia Fed came in much lower than expected and the leading economic indicators also weighed the market down (more coverage here). The US dollar index rose slightly today, now up 0.03% at 81.398. The GSCI commodity index is down fractionally at 633.40, with commodities mostly higher again today. Wheat is the big gainer again today, while orange juice futures were down more than -6%. WTI crude oil closed down -0.3% at $92.56/barrel, and Brent crude trades down at -2% at $107.55/barrel. Gold settled up 2.5% today, at $1,574.90/ounce, ending a four-day losing streak.

The unofficial closing bells put the DJIA down 156 points to 12,442.49 (-1.24%), the NASDAQ fell more than 60 points (-2.10%) to 2,813.69, and the S&P 500 fell -1.50% or nearly 20 points to 1,304,87.

There were several analyst upgrades and downgrades today, including Dell Inc. (NASDAQ: DELL) raised to ‘neutral’ at Sterne Agee; IntercontinentalExchange Inc. (NYSE: ICE) raised to ‘strong buy’ at Raymond James; SINA Corp. (NASDAQ: SINA) raised to ‘overweight’ at Barclays; Visa Inc. (NYSE: V) reiterated as ‘buy’ but removed from Conviction Buy List at Goldman Sachs; Deere & Co. (NYSE: DE) reiterated as ‘buy’ with target price of $96 at Argus.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: Bon-Ton Stores Inc. (NASDAQ: BONT) is down -7.3% at $4.09; Dollar Tree Inc. (NASDAQ: DLTR) is down -5.6% at $95.60; E-Commerce China Dangdang Inc. (NYSE: DANG) is down -16.6% at $6.25 (more coverage here); GameStop Corp. (NYSE: GME) is down -10.1% at $18.72 (more coverage here); Sears Holdings Corp. (NASDAQ: SHLD) is up 3.9% at $52.84; and Wal-Mart Stores Inc. (NYSE: WMT) is up 4.7% at $61.97 (more coverage here).

On Friday we are scheduled to get earnings from ANN Inc. (NYSE: ANN), Brown Shoe Co. Inc. (NYSE: BWS), JA Solar Holdings Co. Ltd. (NASDAQ: JASO), Progressive Corp. (NYSE: PGR), and Footlocker Inc. (NYSE: FL).

Other standouts from today include the following stocks:

Rosetta Genomics Ltd. (NASDAQ: ROSG) is down -17.7% at $4.11. The medical diagnostics firm priced a secondary offering this morning. More coverage here.

Dendreon Inc. (NASDAQ: DNDN) is down -11.3% at $7.65. The company’s prostate cancer drug got another challenge from a competing product from Johnson & Johnson (NYSE: JNJ). More coverage here.

MEMC Electronic Materials Inc. (NYSE: WFR) is down -21.4% at $1.68 after posting a new 52-week low of $1.63. The solar component maker lost its CFO today. More coverage here.

Stay tuned for Friday. We don’t have anything on the schedule for tomorrow, but that doesn’t mean that we’ll have a quiet day.

Paul Ausick

Filed under: Investing Tagged: ANN, BONT, BWS, DANG, DE, DELL, DLTR, DNDN, FL, GME, ICE, JASO, PGR, ROSG, SHLD, SINA, V, WFR, WMT

Rosetta Genomics Share Offering: No Good Deeds Go Unpunished

Jon C. Ogg — Thu, 17 May 2012 11:34:51 +0000

Rosetta Genomics, Ltd. (NASDAQ: ROSG) was an exponential winner on Wednesday due to getting a Medicare reimbursement ruling in its favor. The company had announced that the Medicare Administrative Contractor approved its miRview® mets² assay would be covered for all Medicare beneficiaries. MiRview® mets² is said to accurately identify the primary tumor in primary and metastatic cancer including Cancer of Unknown or Uncertain Primary. Great news, at least right up until the company used the exponential share gains to announce a capital raise.

Shares hit a high of $7.84 as the top-tick on Wednesday and that was against a close of $1.62 the day before. You have to keep in mind that things were so bad at Rosetta that the company completed a 1 for 15 reverse stock split to close at $2.10 on a split adjusted basis but shares had nominally been at $0.14 before that. So raising $2.2 million does not sound out of line on the surface, but the offering was a direct share offering of 632,057 ordinary shares at a price of $3.50 per share. That is a 30% discount, but it was after a gain of more than 200%.

Aegis Capital Corp. acted as the exclusive placement agent for the offering. Rosetta’s use of proceeds is primarily to fund its operations and for other general corporate purposes. These uses include debt repayment or refinancing, working capital, intellectual property protection and enforcement, capital spending, investments, acquisitions or collaborations, research and development and product development.

Shares are indicated down close to 20% at $4.05 in active trading on what is usually a thin volume stock. No good deed goes unpunished.

JON C. OGG

Filed under: Healthcare (Economy) Tagged: ROSG

24/7 Wall St. Closing Bell — May 16, 2012

Paul Ausick — Wed, 16 May 2012 20:05:52 +0000

The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the dollar regained its lost ground by mid-morning and looks to be continuing a run of 12 straight stronger showings, something last seen more than a quarter century ago. US housing data was not encouraging either (more coverage here). The US dollar index rose today, now up 0.14% at 81.336. The GSCI commodity index is up fractionally at 636.10, with commodities mostly higher today, defying the stronger dollar. Wheat was today’s big gainer. WTI crude oil closed down -1.2% at $92.81/barrel, it’s lowest close since November, and Brent crude trades down at -1.66% at $109.60/barrel. Gold settled down -1.3% today, at $1,536.60/ounce, the yellow metal’s lowest close since last July.

The unofficial closing bells put the DJIA down more than 33 points to 12,598.63 (-0.26%), the NASDAQ fell nearly 20 points (-0.68%) to 2,874.04, and the S&P 500 fell -0.44% or nearly 6 points to 1,324.81.

There were several analyst upgrades and downgrades today, including Cisco Systems Inc. (NASDAQ: CSCO) raised to ‘overweight’ at Barclays; Patriot Coal Corp. (NYSE: PCX) cut to ‘market perform’ at FBR; Aetna Inc. (NYSE: AET) cut to ‘hold’ at Argus; Baker Hughes Inc. (NYSE: BHI) cut to ‘neutral’ at JPMorgan; and SandRidge Energy Inc. (NYSE: SD) raised to ‘hold’ at Canaccord Genuity.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: 8×8 Inc. (NASDAQ: EGHT) is down -1.5% at $3.86; Chico’s FAS Inc. (NYSE: CHS) is up 4.2% at $15.28; Deere & Co. (NYSE: DE) is down -3.1% at $74.23 (more coverage here); Eagle Materials Inc. (NYSE: EXP) is down -5.2% at $33.13; LiveDeal Inc. (NASDAQ: LIVE) is up 5.9% at $6.14; and Target Corp. (NYSE: TGT) is up 0.7% at $55.49 (more coverage here).

On Thursday we are scheduled to get earnings from Bon-Ton Stores Inc. (NASDAQ: BONT), Dollar Tree Inc. (NASDAQ: DLTR), E-Commerce China Dangdang Inc. (NASDAQ: DANG), GameStop Corp. (NYSE: GME), Jinkosolar Holding Co. Ltd. (NYSE: JKS), Ross Stores Inc. (NASDAQ: ROST), Sears Holdings Corp. (NASDAQ: SHLD), Teekay Corp. (NYSE: TK), and Wal-Mart Stores Inc. (NYSE: WMT).

Other standouts from today include the following stocks:

J.C. Penney Co. Inc. (NYSE: JCP) is down -19.2% at $26.92. The retailer absolutely failed on quarterly results. More coverage here.

Rosetta Genomics Ltd. (NASDAQ: ROSG) is up 263% at $5.88. The medical test making firm will have one of its tests covered by Medicare. There was also a 1-for-15 reverse stock split. More coverage here.

Abercrombie & Fitch Inc. (NYSE: ANF) is down -13.7% at $39.21 after posting a new 52-week low of $38.26 earlier today. The teen retailer badly missed estimates last night.

Stay tuned for Wednesday. St. Louis Fed President James Bullard is giving a speech. We have also noted the following events on the schedule (all times Eastern):

8:30 a.m. – New claims for unemployment benefits
10:00 a.m. – Philadelphia Fed manufacturing survey
10:00 a.m. – E-commerce retail sales
10:00 a.m. – Leading indicators
10:30 a.m. – EIA weekly natural gas storage report
4:30 p.m. – Fed balance sheet and money supply

Paul Ausick

Filed under: Investing Tagged: AET, ANF, BHI, BONT, CHS, CSCO, DANG, DE, DLTR, EGHT, EXP, GME, JCP, JKS, LIVE, PCX, ROSG, ROST, SD, SHLD, TGT, TK, WMT