Earnings season is in full swing with several big names reporting Monday. Stocks experienced another saber rattling decline as the Dow Jones Industrials pierced major support at the 50-day Simple Moving Average. The sharpest three day tumble since March ended on a low note at the sessions close. Investors showed their disgust with Obama’s bank regulatory proposal with aggressive selling of equities. Further nervousness emerged because it is unclear if Ben Bernanke will be reappointed as Fed Chief. The fear gauge VIX reflected the markets apprehension by soaring over 23% on the session. The DJIA was smacked down 216.90, the Nasdaq descended 60.41, and the S&P 500 lost 24.72.
Here are 7 stocks you need to know for Monday.
^AAPL^ reports after the close with an expected EPS of $2.08.
27 cents is the forecast number for ^HAL^ before the open.
^SEE^ has analysts awaiting an EPS of 39 cents prior to the open.
Long time tech firm, ^TXN^, reports after the close with a projected EPS of 49 cents.
93 cents/share is expected for ^SNS^ after the closing bell.
^AMGN^ announces after the close with a consensus estimate of $1.11/share.
^DGX^ has its eyes set on 96 cents/share prior to the opening bell.