Looking to end the week on a positive note
With about 2.75 hours to go fore the open, DOW Futures are looking for an opening gain of 70.36 points, SP 500 Futures are pointing to a 8.04 point gain and NAS COMP Futures to a 31.00 point pop.
All Major European Markets are solidly in the Green. All Major Asian Markets are also higher, but with less percentage gains. Treasuries are showing higher yields. The 2 year note now has a yield of 1.56%, the 5 year's yield is at 1.62%, the 10 year's yield is again above 1.80 at 1.81% and the 30 year bond now has a yield of 2.28%. WTI and Brent are higher, with natural gas dropping 2.50%. Platinum and palladium are both gaining about 2.50%, while gold, silver and copper are also showing some gains. The VIX is down .20 to 12.12. The XBI is up .92 to 98.00. The IBB and SMH are both unchanged at their respective closes of 122.35 and 145.46.
Notable companies reporting before today's open, with earnings consensus, include Schlumberger (SLB), consensus 37c... State Street (STT), consensus $1.69... Fastenal (FAST), consensus 31c... Citizens Financial (CFG), consensus 95c... Kansas City Southern (KSU), consensus $1.85... Regions Financial (RF), consensus 39c... J.B. Hunt (JBHT), consensus $1.52.
Notable companies that reported after yesterday's market close, with earnings consensus, include CSX Corp. (CSX), consensus 97c... People's United Financial (PBCT), consensus 33c. PBCT beat eps estimates, but looks a few pennies lower. CSX's top line was down year over year and its bottom line was in line with estimates. It has not traded, but looks lower, closed at 76.74, bid 73.30 and ask of 74.61.
My Watch Lists are again almost a complete sea of Green. NIO is the most active and is up .14 to 4.50. TSLA is up 2.76 to 515.95.