Morning Market Snapshot

January 7th, 2015

Market Action
Futures
DJIA
S&P 500
NASDAQ

Change

Index

17,382 (+92)

Nikkei

2,006.25 (+11.75) Hang Seng

4,124 (+21.75)

Change

Forex

16,885 (+2)

EUR/USD

23,681.26 (+195.85)

USD/JPY

Change

Commodity

1.1827 (-0.0063) Crude Oil

119.10 (+0.71)

FTSE

6,421.27 (+54.76)

GBP/USD 1.5132 (-0.0019)

DAX

9,567.93 (+98.27)

USD/CAD 1.1834 (-0.0002)

Change
48.25 (+0.32)

Gold

1,213.40 (-6)

Silver

16.42 (-0.22)

Economic Calendar
Time (ET)

Currency

Economic Data

8:15AM

USD

ADP Employment Report

8:30AM

USD

Gallup U.S. Job Creation Index

8:30AM

USD

International Trade

10:30AM

USD

EIA Petroleum Status Report

2:00PM

USD

FOMC Minutes

Market News
-

Investment firm 3G Capital Partners is looking at new acquisition targets after investors
pledged about $5 billion to form a new takeover fund. Executives at the investment firm
are discussing the possibility of buying a food or beverage company such as Campbell
Soup (CPB) or PepsiCo (PEP).
Be advised that the Bank of England Rate Decision will be taking place tomorrow,
January 8th, at 7:00AM ET.

Analyst Action
Goldman Sachs upgrades American Express (AXP) from Neutral to Buy ($102)
Barclays downgrades Linn Energy (LINE) from Overweight to Equalweight
Credit Suisse downgrades Automatic Data Processing (ADP) from Outperform to Neutral
Evercore ISI downgrades Aon Corp. (AON) from Buy to Hold ($93 $99)
KeyBanc downgrades Joy Global (JOY) from Buy to Hold ($65)
Keybanc downgrades Terex (TEX) from Buy to Hold ($45)
Piper Jaffray kept its Overweight rating and raised its price target on VCA Antech (WOOF) to $57
Piper Jaffray kept its Overweight rating and raised its price target on J.C. Penney (JCP) to $12
Barclays initiates an Underweight rating on Hologic (HOLX) with a price target of $24

Open Interest Changes

From 1/6 Options Action:

McDonalds (MCD) February 95 Call OI jumps from 10,140 to 47,813

Ultrashort Euro (EUO) May 26 Call OI jumps from 40 to 7,953
Credit Suisse (CS) March 25 Call OI jumps from 663 to 13,601
Deutsche Bank (DB) February 30 Call OI jumps from 45 to 5,156
Scientific Games (SGMS) April 15 Call OI jumps from 5,785 to 12,742
JP Morgan (JPM) February 60 Call OI jumps from 4,778 to 67,743
Apple (AAPL) March 110/130 Call Spread OI jumps from 13,088 and 21,599 to 21,275 and 34,209
respectively
Royal Caribbean Cruises (RCL) June 82.5 Call OI jumps from 30 to 12,018
Currency Shares British Pound (FXB) March 145 Put OI jumps from 3 to 8,078

Insider Action
From 1/6 Form 4 Filings:
Buying: Alico Inc (ALCO) and Spectrum Brands Holdings (SPB)
Selling: Ashland Inc. (ASH), Best Buy (BBY), Build A Bear Workshop (BBW), Clorox (CLX), Masonite
International (DOOR), Las Vegas Sands (LVS), Six Flags Entertainment (SIX), Unitedhealth Group (UNH),
and Xoma Corp. (XOMA)

Earnings Central
Earnings After the Close today (1/7):
Ticker

Company

WDFC

WD-40 Company

Earnings Before the Open tomorrow (1/8):

Ticker

Company

APOL

Apollo Education Group

FDO

Family Dollar

STZ

Constellation Brands