9:00am (EST)
Signs of a strengthening U.S. economy helped push the market sharply higher last week. The Dow, Nasdaq, and S&P 500 all posted its best weekly performance since early November after a string of strong earnings and economic reports helped the bulls regain momentum.
Ahead of the opening bell, Dow futures are up 31 points to 10,409. The S&P 500 futures are higher by 4 to 1,110, while Nasdaq 100 index futures are showing a 7 point pop and are at 1,826.
Here is a look at the today’s earnings calendar (quotes are from Friday’s close):
Monday: Autodesk (ADSK, $25.99, up $0.07), Campbell Soup (CPB, $33.93, up $0.08), Dominos Pizza (DPZ, $12.28, up $0.03), Dendreon (DNDN, $32.36, up $0.35), Fannie Mae (FNM, $1.02, flat), Healthcare Realty Trust (HR, $20.84, up $0.04), M&F Worldwide (MFW, $33.87, down $0.07), NetEase.com (NTES, $37.75, down $0.38), Nordstrom (JWN, $35.70, up $0.68), PrePaid Legal (PPD, $42.59, up $0.05) and Sears Holdings (SHLD, $95.04, up $0.64).
Dendreon is up to $33.20 in pre-market trading and has been on our Watch List for the past few weeks. We haven’t pulled the trigger on a trade just yet but it looks like the stock is entering a new bullish channel.
We do profile a NEW TRADE this morning. Current subscribers, check the Members Area for the updates.
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