Morning Market Snapshot

January 13th, 2015

Market Action
Futures

Change

DJIA

17,654 (+83)

S&P 500

2,031.90 (+9.50)

NASDAQ

4,188.25 (+21.75)

Index

Change

Forex

Change

Commodity

Nikkei

17,088 (-110)

EUR/USD

1.1795 (-0.0039)

Crude Oil

44.58 (-1.49)

USD/JPY

118.56 (+0.21)

Gold

1,239.50 (+6.70)

Silver

16.98 (+0.41)

Hang Seng 24,215.97 (+189.51)

FTSE

6,533.91 (+32.49)

GBP/USD

1.5147 (-0.0024)

DAX

9,866.87 (+84.97)

USD/CAD

1.1973 (-0.0001)

Change

Economic Calendar
Time (ET)

Currency

Economic Data

8:00AM

USD

Charles Plosser Speaks

10:00AM

USD

JOLTS

1:00PM

USD

10 Year Note Auction

5:00PM

USD

Kocherlakota Speaks

Analyst Action
Baird upgrades Comerica (CMA) from Underperform to Neutral ($40)
BAML upgrades ETrade Financial (ETFC) from Neutral to Buy ($26)
Citigroup upgrades Amazon (AMZN) from Neutral to Buy ($325 $354)
Credit Suisse upgrades Apple (AAPL) from Neutral to Outperform ($110 $130)
Goldman Sachs upgrades Best Buy (BBY) from Neutral to Buy ($38 $45)
JP Morgan upgrades Valero Energy (VLO) from Neutral to Overweight ($54 $56)
Deutsche Bank downgrades ChannelAdvisor (ECOM) from Buy to Hold ($22 $16)
Evercore downgrades Consolidated Edison (ED) from Hold to Sell
Goldman Sachs downgrades OReilly Automotive (ORLY) from Neutral to Sell ($181 $179)
Goldman Sachs downgrades Costco (COST) from Buy to Neutral
Jefferies downgrades Abbott Laboratories (ABT) from Buy to Hold ($52 $50)
Jefferies downgrades Walgreens Boots Alliance (WBA) from Buy to Hold
JP Morgan downgrades Marathon Petroleum (MPC) from Overweight to Neutral ($104 $97)
Wells Fargo downgrades Monster Beverage (MNST) from Outperform to Market Perform
SunTrust downgrades Juniper Networks (JNPR) from Buy to Neutral
Evercore initiates a Hold rating on PNC Financial (PNC), U.S. Bancorp (USB), and Wells Fargo (WFC)
Goldman Sachs initiates a Neutral rating and $52 PT on Juno Therapeutics (JUNO)
JP Morgan initiates an Overweight rating and $66 PT on Juno Therapeutics (JUNO)
JP Morgan initiates an Underweight rating and $68 PT on Conoco Phillips (COP)

Open Interest Changes

From 1/12 Options Action:
Jive Software (JIVE) February 5 Put OI jumps from 5,025 to 20,025

Ultrashort 20 Year Treasury (TBT) March 40 Put OI jumps from 559 to 10,820
Frontline (FRO) February 5 Call OI jumps from 257 to 26,925
Frontier Communications (FTR) February 7 Call OI jumps from 6,279 to 18,456
Weathorford International (WFT) August 7 Put OI jumps from 578 to 11,429
U.S. Steel (X) April 22 Put OI jumps from 1,419 to 10,487
BGC Partners (BGCP) August 10 Call OI jumps from 16,661 to 24,769
Las Vegas Sands (LVS) January (2016) 62.5 Call OI jumps from 2,962 to 18,284

Insider Action
From 1/12 Form 4 Filings:
Buying: Almost Family (AFAM), Biglari Holdings (BH), and Continental Resources (CLR)
Selling: Bloomin Brands (BLMN), CBS Corp (CBS), Costco (COST), DSW Inc (DSW), FedEx (FDX), La Quinta
(LQ), Palo Alto Networks (PANW), Raytheon (RTN), Tractor Supply Co (TSCO), and Yahoo (YHOO)

Earnings Central
Earnings After the Close today (1/13):
Ticker

Company

Earnings

CSX

CSX Corp.

After Market Close

Earnings Before the Open tomorrow (1/14):

Ticker

Company

Earnings

JPM

JPMorgan Chase

Before Market Open

WFC

Wells Fargo

Before Market Open