Choppity chop chop chop... I was thinking of starting a new thread poll to gauge market sentiment here on Stockaholics for which direction you guys were thinking this range breaks. But, I'll just go ahead and post it in here. I mean I'll have to be completely honest with y'alls but I really cannot remember a year quite as choppy as the one we've been having here in 2016 (excluding the first 3 months of the year). Whether it's related to the Fed inaction, Presidential Election, whatever the case may be. It's pretty mind blowing how we've been at these current levels forever it seems. This will not stay like this I'm sure. Eventually it will break one way or the other. Whether it's initiated by the Fed, election, black swan, whatever. But, damn, I have been seriously flabbergasted by this chop all year....... JMO.
I forget who it was on here that coined this phrase - "You don't bite the hand that feeds you." -- Yellen was appointed by Obama. True enough. If Hillary wins then we're just resuming the status quo here......
Today's After-Hours ER: $EBAY $AXP $KMI $MAT $CTXS $URI $XLNX $LRCX $TSCO $BJRI $STLD $SCSS $WDFC $CNS $PKG $SLM $CLB $FTI $HLX Wednesday After-Hours:
I'm seeing tomorrow @ 7:45AM Eastern for the Rate Decision ... and then 8:30AM Eastern for Draghi's presser. @MaximusAnalysis
AM Pre-Market ER for tomorrow: $AAL $VZ $WBA $PHM $DNKN $ALK $TXT $ADS $UNP $DGX $FITB $GNTX $TRV $DHR $ITW $IMAX $PPG $SNA $BK $DAN Thursday Pre-Market:
Look out MGT MGT Capital Investments to be delisted by NYSE The NYSE says MGT Capital Investment (NYSEMKT:MGT) will move to delist the stock immediately suspend trading, after determining that the company is no longer suitable for listing. The NYSE says it began delisting proceedings pursuant to the rule that applies when a company sells or disposes of its principal operating assets, or has ceased to be an operating company. Shares are halted.
Good Thursday morning Stockaholics! Spoiler: 10/20 Thursday Stock News Movers: TRV, VZ, AAL, WBA, DNKN, ALK, BK, DGX, AXP, TSLA, MAT, EBAY, NFLX 10/20 Thursday's Stock News Movers: TRV, VZ, AAL, WBA, DNKN, ALK, BK, DGX, AXP, TSLA, MAT, EBAY, NFLX, WFC, GOOGL Good day Stockaholics! Happy Thursday! Frontrunning: October 20 Global stocks nudge higher after final U.S. presidential debate (Reuters) Trump, Clinton Double Down: Final Debate By the Numbers (BBG) Will Trump accept election's outcome? 'I will keep you in suspense' (Reuters) After Sedate Start, Trump Takes the Bait (WSJ) ‘Rigged’ Election Charge Takes Spotlight (WSJ) Debate highlights: Trump calls Clinton a 'nasty woman' (Reuters) Draghi Set to Stay Tight-Lipped as Investors Look for Cues (WSJ) Draghi Seen Keeping Up Suspense on Future of ECB Stimulus Plan (BBG) Philippine President Duterte announces 'separation' from United States (Reuters) Plummeting Newspaper Ad Revenue Sparks New Wave of Changes (WSJ) The Tech Bubble Didn’t Burst This Year. Just Wait (BBG) How ISIS Used Chat Apps to Direct Attacks in West (WSJ) What It Takes to Be the World’s Biggest Crude Producer (BBG) New Front Opened in Battle for Mosul (WSJ) Turkish Lira Advances After Central Bank Holds Interest Rates (BBG) Turkey Central Bank Unexpectedly Holds Rates on Weaker Lira (BBG) It's Better to Buy Than to Rent, and It Probably Always Will Be (BBG) New Caterpillar CEO Faces Tough Decisions as Company Digs Out (WSJ) Broken Indicators Mean It's Growing Harder to Spot Troubles in the Market (BBG) Americans Work 25% More Than Europeans, Study Finds (BBG) ‘Passive’ Investing: A Lot More Active Than You Think (WSJ) STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (TICKER SYMBOLS ARE CLICKABLE!): TSLA EBAY VZ MSFT AAL WBA KMI EXPE ALK TRV DHR BK TXT HLX PBYI PHM HZNP WBC AXP ADS WF MBLY CTXS CREE V TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Travelers — The insurer earned an adjusted $2.40 per share for the third quarter, two cents a share above estimates. Revenue also came in above forecasts. Profit did fall from a year earlier, however, due to higher weather-related losses, but premiums did rise to a record high. Verizon — Verizon beat estimates by two cents a share, with adjusted quarterly profit of $1.01 per share. Revenue fell slightly shy of analysts' forecasts, however. The company said it is in the midst of transforming itself in a "challenging environment," but noted strong profitability and customer loyalty. American Airlines Group — The airline earned $1.76 per share for the third quarter, seven cents a share above estimates. Revenue was slightly above the Street's consensus. CEO Doug Parker noted the success of the company's integration efforts following its merger with US Airways. Walgreens Boots Alliance — The drugstore operator beat estimates by eight cents a share, with adjusted quarterly profit of $1.07 per share, Revenue fell below forecasts, however. Comparable-store sales rose 3.2 percent compared to a year earlier. Dunkin' Brands — The company earned an adjusted 60 cents per share for its latest quarter, one cent a share above estimates. Revenue missed forecasts, however, due to fewer openings and a drop in sales at Baskin-Robbins outlets. Alaska Air — The airline came in 11 cents a share above estimates, with adjusted quarterly profit of $2.20 per share. Revenue was essentially in line with forecasts. Overall profit did fall due to costs related to Alaska Air's planned merger with Virgin America. Bank of New York Mellon — The bank reported adjusted quarterly profit of 90 cents per share, nine cents a share above estimates. Revenue also beat Street forecasts. Bank of New York Mellon was helped by lower costs and an increase in revenue from a year earlier. Quest Diagnostics — The medical lab operator came in two cents a share above estimates, with adjusted quarterly profit of $1.37 per share. Revenue was in line with forecasts. Quest also raised its full-year forecast, crediting its improved performance to expansion of its health system relationships. American Express — The financial services company reporting adjusted quarterly profit of $1.24 per share, well above estimates of 97 cents a share. Revenue also beat forecasts. Additionally, Amex raised its earnings outlook for the year on better credit quality and increased emphasis on its platinum card. Tesla Motors — Tesla announced that all of its new vehicles will be equipped with hardware that enables fully autonomous driving, with the automaker planning to have a vehicle drive itself from Los Angeles to New York by the end of 2017. Wells Fargo — Wells Fargo is the subject of a criminal investigation by California's attorney general, centering on whether the creation of new accounts by the bank's sales staff involved identity theft. JPMorgan Chase — JPMorgan is said to be in talks to sell its stake in a Chinese securities joint venture. Alphabet — Alphabet's Google unit reportedly reached a deal with CBSto carry the network on a soon to be launched online TV service, according to The Wall Street Journal. Mattel — Mattel reported adjusted quarterly profit of 70 cents per share, one cent a share below estimates. Sales came in slightly above forecasts. The toy maker did see a strong rebound in Barbie-related sales as well as improvement in its American Girl business. EBay — EBay came in one cent a share above estimates, with quarter profit of 45 cents per share. Revenue was slightly above forecasts, but the online retailer gave a current-quarter forecast that disappointed some investors. Caesars Entertainment — The casino operator's deal with creditors to bring its operating unit out of bankruptcy protection has been brought under question by a lawyer for the government's bankruptcy watchdog, who said the deal must not violate the law even if all parties agree to it. Tableau Software — Tableau remains on watch today after surging Wednesday on reports that it has explored a sale in recent months. The Wall Street Journal reported that the business software company worked on a sale this past summer before the effort failed. Netflix — Netflix and 21st Century Fox are in a court battle over alleged employee poaching. Fox accuses Netflix of illegally hiring two employees who were under contract at Fox, but Netflix filed a complaint questioning the legality of those contracts. Have a good trading day to everyone in here on this Thursday!
It's an earnings bonanza after the close today. Some heavy hitters reporting here- ($AMD $MSFT $SKX $PYPL $SLB $ATHN $ETFC $PFPT $SAM $BRO $SWN $CCI $KLAC $MXIM $CLS $SIVB $APOL $KNL $FCB) Thursday After-Hours:
