{"id":528709,"date":"2010-04-15T09:10:00","date_gmt":"2010-04-15T13:10:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:423472"},"modified":"2010-04-15T09:10:00","modified_gmt":"2010-04-15T13:10:00","slug":"greece-economic-data-earnings-china-energy-sector-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/528709","title":{"rendered":"Greece, economic data, earnings, China, energy sector \u2013 Vialoux"},"content":{"rendered":"

U.S. equity index futures are lower this morning. S&P 500 futures are down 2 points in pre-opening trade. Weakness is related to difficulties by Greece to float a sovereign debt issue. The Euro weakened on the news, the U.S. Dollar strengthened and commodities priced in U.S. Dollars weakened. <\/p>\n

Economic news released at 8:30 AM EDT did not have a significant impact on index futures. Weekly jobless claims rose 24,000 due to volatility in employment during the Easter holiday. The April Empire State Manufacturing Index rose to 31.9 from 22.9 in March. <\/p>\n

Responses to first quarter earnings reports continue to be encouraging. Yum Brands added 2% after reporting higher than expected results. UPS gained 4% after reporting higher than expected results. In addition, it raised guidance. UPS also was helped by an upgrade from Neutral to Overweight by Piper Jaffray. Target is $79. Fedex added 2% in response to the UPS report. On the charts, UPS recently broke resistance to reach an 18 month high.  <\/p>\n

China\u2019s economy continues to grow at a torrid rate. Consensus for annualized first quarter GDP growth was 11.5%. Actual was a gain of 11.9% <\/p>\n

Consolidation in the U.S. energy sector continues. Apache has offered to purchase Mariner Energy in a friendly cash and stock offer valued at $2.7 billion. Mariner Energy gained 41% in overnight trading. <\/p>\n

An opinion on Corus Entertainment was revised by TD Newcrest from Speculative Buy to Buy.  <\/p>\n

Don Vialoux, chartered market technician, is the author of a free
\ndaily report on equity markets, sectors, commodities, equities and
\nExchange-Traded Funds. For more visit Don Vialoux's Web site<\/a><\/i>     <\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. equity index futures are lower this morning. S&P 500 futures are down 2 points in pre-opening trade. Weakness is related to difficulties by Greece to float a sovereign debt issue. The Euro weakened on the news, the U.S. Dollar strengthened and commodities priced in U.S. Dollars weakened. Economic news released at 8:30 AM EDT […]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-528709","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=528709"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528709\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=528709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=528709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=528709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}