Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

Dennis Gartman: I think oil can fall a lot further

I don't know how this guy still is on TV because he is constantly wrong.

 

[Ohene]

I don't know how this guy still is on TV because he is constantly wrong.

i hate those guys who go on TV and spew nothing but evasive comments.

I THINK it CAN

It's never a WILL

 

[CosbyMadeMeSellDrugs]

http://www.nasdaq.com/symbol/osur/after-hours

It looks like OSUR dropped like 78 cents from a 19 share trade lol

 

[88m3]

what's in store for us today?

 

[Domingo Halliburton]

we really worried about China that much to send ES down 19 points?

 

[Domingo Halliburton]

what's in store for us today?

futures look ugly. apparently data out of china is looking bad.

Greece is being a bunch of idiots again too.

 

[Domingo Halliburton]

ECONOMIC REPORTS

Domestic economic reports scheduled for today include:
NFIB small business optimism index for November at 7:30--consensus 96.5
JOLTS job openings for October at 10:00--consensus 4.79M
Wholesale trade inventories for October at 10:00--consensus up 0.2%

ANALYST RESEARCH

Upgrades

American Eagle (AEO) upgraded to Outperform from Perform at Oppenheimer (?????)
LHC Group (LHCG) upgraded to Outperform from Underperform at Credit Suisse
Lincoln Electric (LECO) upgraded to Buy from Neutral at Longbow
lululemon (LULU) upgraded to Outperform from Market Perform at Wells Fargo (??????)
Volcano (VOLC) upgraded to Buy from Hold at Needham

Downgrades

Baytex Energy (BTE) downgraded to Market Perform from Outperform at BMO Capital
Dover (DOV) downgraded to Sell from Hold at Deutsche Bank
DreamWorks Animation (DWA) downgraded to Sell from Hold at Topeka
GlaxoSmithKline (GSK) downgraded to Underperform from Neutral at BofA/Merrill
Louisiana-Pacific (LPX) downgraded to Neutral from Buy at Longbow
Nabors Industries (NBR) downgraded to Hold from Buy at Jefferies
Oceaneering (OII) downgraded to Hold from Buy at Jefferies
SEI Investments (SEIC) downgraded to Market Perform from Outperform at Keefe Bruyette
Schlumberger (SLB) downgraded to Hold from Buy at Jefferies
Shire (SHPG) downgraded to Neutral from Buy at BofA/Merrill
Spirit Airlines (SAVE) downgraded to Market Perform from Outperform at Raymond James
Supervalu (SVU) downgraded to Perform from Outperform at Oppenheimer
Turkcell (TKC) downgraded to Hold from Buy at Deutsche Bank
Verizon (VZ) downgraded to Neutral from Outperform at RW Baird
Walgreen (WAG) downgraded to Neutral from Buy at Mizuho

Initiations

ACE Limited (ACE) initiated with a Neutral at JPMorgan
Allstate (ALL) initiated with an Overweight at JPMorgan
Aon plc (AON) initiated with an Overweight at JPMorgan
Aptose Biosciences (APTO) initiated with an Outperform at Oppenheimer
Arch Capital (ACGL) initiated with an Overweight at JPMorgan
Arthur J. Gallagher (AJG) initiated with an Underweight at JPMorgan
Chubb (CB) initiated with an Underweight at JPMorgan
Cisco (CSCO) initiated with an Outperform at Wedbush
Dominion Diamond (DDC) initiated with a Buy at Citigroup
Everest Re (RE) initiated with a Neutral at JPMorgan
FibroGen (FGEN) initiated with a Buy at Citigroup
FibroGen (FGEN) initiated with a Buy at Goldman
FibroGen (FGEN) initiated with a Buy at Stifel
FibroGen (FGEN) initiated with an Outperform at RBC Capital
Fiesta Restaurant (FRGI) initiated with a Buy at Sterne Agee
Fifth Third Bancorp (FITB) initiated with a Buy at Guggenheim
Huntington Bancshares (HBAN) initiated with a Neutral at Guggenheim
Juniper (JNPR) initiated with a Neutral at Wedbush
Kate Spade (KATE) initiated with an Equal Weight at Stephens
KeyCorp (KEY) initiated with a Buy at Guggenheim
Landmark Infrastructure (LMRK) initiated with an Outperform at RBC Capital
Landmark Infrastructure (LMRK) initiated with an Outperform at RW Baird
Marsh & McLennan (MMC) initiated with an Overweight at JPMorgan
Michael Kors (KORS) initiated with an Overweight at Stephens
NXP Semiconductors (NXPI) initiated with an Outperform at Oppenheimer
Navios Maritime Midstream (NAP) initiated with a Buy at Citigroup
NeuroDerm (NDRM) initiated with a Buy at Jefferies
NeuroDerm (NDRM) initiated with a Buy at Roth Capital
New York & Co. (NWY) initiated with a Buy at Wunderlich
PMC-Sierra (PMCS) initiated with an Outperform at Northland
PartnerRe (PRE) initiated with a Neutral at JPMorgan
Progressive (PGR) initiated with a Neutral at JPMorgan
RenaissanceRe (RNR) initiated with an Overweight at JPMorgan
Sonus (SONS) initiated with an Outperform at Wedbush
The Joint (JYNT) initiated with a Buy at Roth Capital
Travelers (TRV) initiated with a Neutral at JPMorgan
Willis Group (WSH) initiated with an Underweight at JPMorgan
XL Group (XL) initiated with an Underweight at JPMorgan

COMPANY NEWS

Boeing (BA) said it forecasts strong demand for new commercial airplanes in 2015, resulting in about $124B in deliveries across the industry.
Amazon (AMZN) unveiled 'Make an Offer' for customers to negotiate lower prices
Deutsche Bank (DB) sued by U.S. over alleged scheme to avoid income taxes
Talisman Energy (TLM) confirmed being approached by parties, including Repsol (REPYY), with regards to various transactions
Cubist (CBST) CEO said Cubicin patent ruling will not affect Merck (MRK) transaction (HSP)
Verizon (VZ) said that it expects Q4 impacts of promotional offers will pressure wireless EBITDA and EPS
Spirit Airlines (SAVE) said preliminary November traffic increased 15.7% and forecast compression in fare structure for close-in booking

EARNINGS

Companies that beat consensus earnings expectations last night and today include:
UTi Worldwide (UTIW), HD Supply (HDS), Argan (AGX), Diamond Foods (DMND)

Companies that missed consensus earnings expectations include:
ABM Industries (ABM), Medley Capital (MCC), Phototronics (PLAB), Pep Boys (PBY), Good Times Restaurants (GTIM), H&R Block (HRB)

NEWSPAPERS/WEBSITES

Sony (SNE) hacker releases additional private data, issues threat, Re/code reports
Amazon.com (AMZN) testing faster deliveries through bikes, drones, WSJ reports
Amazon (AMZN) warns of moving more drone research abroad, WSJ reports
Cubist (CBST) loses bid to stop Hospira's (HSP) generic Cubicin after 2016, Bloomberg reports
Lone Star joins Springleaf (LEAF) as bidder for Citigroup (C) OneMain unit, Bloomberg reports
Merck (MRK) acquisition of Cubist (CBST) could be a 'winner,' Barron's says

analysts been making some terrible calls lately. Vale? Petrobras? American Eagle? Lulu?
some analyst came out and said JC Pennys was going to 20

 

[88m3]

Business Insider
1 hr ·
BREAKING: The Greek stock market is suffering its worst crash since 1987.




I guess so @Domingo Halliburton

 

[Ohene]

i dont even care too much about TLM but smh. All I know is PWE better back the fukk down. If it gets taken over or rises while I'm on the sideline I might shed tears

 

[Ohene]

Just laying in the cut hoping for a SPY drop

199-200 on the way

 

[Domingo Halliburton]

everyone getting short the euro

stimulus on the way

http://www.reuters.com/article/2014/12/09/markets-euro-idUSL6N0TS3GT20141209

 

[Domingo Halliburton]

USDJPY back to 118

DXY down 88 bps

Yellen and the BOJ need to get their boys back at their FX trading desks

edit: there we go Kuroda's boys got it back over 119

 

[Domingo Halliburton]

2 Barclays bond ETFs flash crashed and trades are cancelled in Level 3 Communications between a certain time frame

someone has to reign in these HFTs

 

[NkrumahWasRight Is Wrong]

Is the dollar going to gain more on the Euro? I plan on moving to europe and want to convert as much as i can at the right time instead of getting fukked at the airports and shyt

 

[Domingo Halliburton]

Is the dollar going to gain more on the Euro? I plan on moving to europe and want to convert as much as i can at the right time instead of getting fukked at the airports and shyt

I posted earlier that a lot of people are going short the euro. If the ECB announces stimulus which they sound like they will in January then expect the euro to go down and the dollar to go up.

http://www.reuters.com/article/2014/12/09/markets-euro-idUSL6N0TS3GT20141209