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Live Morning Squawk Call

Click BELOW for our Live Morning Meeting archived daily at 8:45 am est:

Today's Meeting URL: http://www.instantpresenter.com/JuggernautRoom/E059DD8085

Overnight Markets:

SP Futures trading up slightly after the PPI data

Silver & Gold flirting with daily highs

Ben's Morning update - Stocks to watch:

Last night's/this morning's secondaries


DX, WPZ, GBX, ICO, AHT, YMI, GPOR, HCN (to help finance $6.1b acquisition of HCR Manorcare, Inc announced last night)


Other news from last night:


HMIN convertible offering

INHX "promising" phase II study results, selling on the news

MFN places stock at C$11.10/share

ARG adds Credit Suisse to team evaluating strategic alternatives

BAX to buy back $2.5b in stock

AMGN positive drug data


News from this morning:


CRL raises guidance

BBY puts out bad earnings report

MTXX to be purchased for $8/share

YGE 220 MW contract


Analyst actions:


ACOR cut by Baird from Outperform to Neutral

KALU cut by UBS from Buy to Neutral

VECO cut by Citi Buy to Hold

VE upped by Deutsche Bank Hold to Buy

CFN cut by Goldman Buy to Neutral, removed from Americas Buy List

COV upped by Goldman Neutral to Buy

TPC upped by UBS Neutral to Buy

AMGN upped by Piper Jaffray Neutral to Overweight

CMCSA upped by Bernstein Market Perform to Outperform

AOS cut by Serne, Agee Buy to Hold


Thanks for checking, Have a great day trading....Tim

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Special Advisement - New Addition to the Juggernaut Trading Room.


Please help to us to welcome back Jon Blaze to the Juggernaut Trading Room. Jon has been a successful trader since my days back at Broadway trading in 2000. He is and expert technician with a superb eye. John's specialty is identifying Fibonacci expansion and contraction targets in additional to being a wealth of information....Welcome back Jon!


Today's Calender


Tuesday, December 14, 2010


Economic

07:30 US NFIB Index

08:30 US Nov PPI, Nov Core PPI, Nov Retail Sales, Canada Nov Leading Indicators10:00 US Oct Business Inventories

11:30 US Treasury's 1- and 12-month bill auction

14:15 FOMC rate decision

16:30 API Crude Oil/Gasoline/Distillate InventoriesEventsBank of America/Merrill Lynch Global Industries Conference.

07:45 ICSC/UBSW Chain Store Sales.

08:55 Redbook Retail Sales. ABC Consumer Confidence.


Trades Ex-dividend: ACE $0.33, EXPR $0.56, HOT $0.30


EarningsBefore the Open: BBY, FDS, IPSU, PTRY, SAFM. After the Close: HOV.







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Juggernaut Trading, LLC
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