Morning Notes- Paychex profit and sales top forecasts!

Hello Everyone,

Paychex reported Friday second quarter profit rose $173 million or 47 cents a share, from $158.7 million, or 43 cents a share in the year earlier period.

Total sales rose 10% to $676.3 million, with revenues also increasing 10% to $665.9 million.

VIX  8% BELOW 10 ma          RSI  41.01    NEUTRAL

MARKET Trend:     NEUTRAL

Put/Call ratio  .58     Above 1.20 Bullish, Below .40 bearish.

Atlanta Fed Business inflation Expectations 10:00 am

Earnings out today: AFFY,BBRY,CCL,DLIA,PAYX

Dow Futures: +13 pts     Oil: 55.50  +1.15

Have a great trading day.

Posted to Stock & Option Scout on Dec 19, 2014 — 8:12 AM

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