Good Tuesday morning Stockaholics! Here are your morning pre-market movers & news: Spoiler: 12/6 Tuesday's Stock News Movers: AMZN, AZO, F, MCD, AAPL, TOL, AET, SKX, NKE, NFLX, GDDY, P & more 12/6 Tuesday's Stock News Movers: AMZN, AZO, F, MCD, AAPL, TOL, AET, SKX, NKE, NFLX, GDDY, P & more Good day Stockaholics! Happy Tuesday! Frontrunning: December 6 Trump heads back out on road for 'thank you' tour (AP) For Europe’s Unity, 2017 Will Be a Year of Reckoning (WSJ) Oil dips as OPEC, Russian output rises ahead of production cut (Reuters) The Pessimist's Guide to 2017 (BBG) Donald Trump’s Message Sparks Anger in China (WSJ) Brazil’s Reform Plan in Disarray After Senate Chief Removed (BBG) China urges U.S. to block transit by Taiwan president (Reuters) Wooed by Trump, Taiwan Trembles (WSJ) SoftBank’s Son Said to Plan Meeting With Trump in New York (BBG) Syrian government, ally Russia warn rebels in city of Aleppo (AP) Blackstone Going Public on $10 Billion Foreclosures Bet (WSJ) A Cheat Sheet on the Deglobalization of the Financial World (BBG) One Historic Lens Says Trump Stock Market Lovefest Just Starting (BBG) U.S. ‘Disappointed’ by Japan’s Plan to Cut Drug Costs (WSJ) Family’s $29 Billion Fortune Claim Denied Amid India’s Tax Hunt (BBG) Orban allies tighten media grip ahead of Hungary election (Reuters) U.S. seeks to reassure Beijing after Trump call with Taiwan leader (Reuters) Theranos Foresaw Huge Growth in Revenue and Profits (WSJ) Rouhani says Iran will not let Trump rip up nuclear deal (Reuters) Danish police arrest suspect after policeman shot in head (Reuters) 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!): DRYS TXMD DGAZ MS P HDS PLAY CONN MIK AVAV TOL AGIO TERP SNCR KYO PPS BMO PLAB FIZZ AZO LULU TXN HLT TOT DPZ TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Amazon.com — The Wall Street Journal is reporting that Amazon is considering at least three formats for brick-and-mortar food stores. That news follows Amazon's unveiling of its "Amazon GO" store format, featuring no cash registers, no lines, and a "grab-and-go" method of shopping. AstraZeneca — The drug maker reported upbeat results for its Tagrisso lung cancer drug in a trial, saying it improved progression-free survival by nearly six months. AutoZone — The auto parts retailer earned $9.36 per share for its latest quarter, five cents above estimates, with revenue essentially in line as same-store sales rose 1.6 percent. AutoZone also saw improvement in profit margins from a year ago. Ford Motor — Ford is raising $2.8 billion in new long-term financing, its first foray into the debt market in nearly four years. The company plans to use the proceeds to fund investment in new automotive technologies. McDonald's — The company plans to keep a minority stake in its China and Hong Kong stores after it sells them, according to a Reuters report. The restaurant chain seeks to raise up to $2 billion in the transaction, and is said to have picked a consortium of private equity firm Carlyle Group and China state-owned conglomerate Citic to buy the stores. Apple — Apple CEO Tim Cook told Reuters that Apple Watch sales to consumers set a record during the first week of holiday sales. Toll Brothers — Toll reported adjusted quarterly profit of $1.15 per share, 16 cents above estimates. Revenue also beat forecasts, with the homebuilder's results improved by higher sales and average selling prices. Aetna — The health insurer reportedly plans to ask for a trial to save its proposed deal to buy Humana if its current court case fails to turn back a Justice Department injunction. That's according to the New York Post, which said the company feels that the Justice Department in the Trump administration will be friendlier to business and might be willing to settle. Sanofi — The drug maker is considering a bid for Swiss biotech firm Actelion, according to Bloomberg. Johnson & Johnson has been trying to buy Actelion and had reportedly raised its latest bid to more than $250 per share. Skechers — Wells Fargo initiated coverage on the footwear maker with an "outperform" rating, saying the stock has a compelling valuation after a 50 percent tumble and that the Uggs maker has multiple catalysts for re-acceleration in 2017. Nike — Cowen downgraded the athletic footwear and apparel maker to "market perform" from "outperform," saying Nike's market share losses to Adidas and Under Armour could accelerate. Netflix — Evercore upgraded the video streaming service to "hold" from "sell," saying the competition it feared when it instituted the downgrade has not gained much traction. GoDaddy — The internet domain name company struck a deal to buy internet services company Host Europe for $641 million, plus $1.15 billion in assumed debt. It's GoDaddy's largest-ever acquisition. Pandora — Oppenheimer upgraded the online radio service to "outperform" from "perform," saying it sees reports of a buyout by SiriusXM as a legitimate possibility with a takeout value of up to $21 per share. Select Comfort — Wedbush downgraded the mattress retailer to "neutral" from "outperform," saying the company would have difficulty meeting near-term expectations due to "intense" promotional activity. Roper Technologies — The designer of engineered products and software is buying privately held enterprise software maker Deltek for $2.8 billion in cash. Have a good trading day to everyone in here on this Tuesday!
Took a LULU position, bullish. Sold a put and bought a call spread. Didn't even know there were earnings tomorrow until about 10 minutes ago. Har.
OPK continues its momentum higher, high of day was 11.50, seems like people are buying the rayaldee hype. just need some hard numbers on sales which frost said he wouldnt give out till sometime 1st quarter of next year.
Good Wednesday morning Stockaholics! Here are your pre-market movers & news: Spoiler: 12/7 Wednesday's Stock News Movers: WEN, LUV, LOW, UNH, MMM, MU, PLAY, WDC, PFE, SBUX, AAPL, FIT & more 12/7 Wednesday's Stock News Movers: WEN, LUV, LOW, UNH, MMM, MU, PLAY, WDC, PFE, SBUX, AAPL, FIT & moreGood day Stockaholics! Happy Wednesday! Frontrunning: December 7 Futures rise for third day in a row (Reuters); Banks Lead Stock Rally as Bonds Gain With Hopes Pinned on Draghi (BBG) Monte dei Paschi bolsters European stocks, ECB looms (Reuters) Finding Risk in All the Wrong Places as Trump Era Begins (BBG) Goldman Tells Stock Pickers to Rejoice as Correlations Decline (BBG) Trump’s ‘Wall’ at Mexico Border Vanishing as GOP Lawmakers Bolt (BBG) AT&T CEO: Time Warner Deal Would ‘Disrupt’ Cable TV Model (WSJ) Americans Are Paying Apple Millions To Shelter Overseas Profits (BBG) China premier says steady growth this year to lay good foundation for 2017 (Reuters) The ‘Weird’ Commodity Hurting the Bears as Prices Double (BBG) Aleppo rebels call for five-day ceasefire (Reuters) China calls Iowa's Branstad 'old friend' after report he picked as ambassador (Reuters) How Iran closed the Mosul 'horseshoe' and changed Iraq war (Reuters) Brazil Supreme Court deal might keep Senate head in place: report (Reuters) BP oil exports from U.S. to Asia could open new routes (Reuters) Forget Robots—People Skills Are the Future of American Jobs (BBG) Britain fines Pfizer record $107 million for huge drug price hike (Reuters) Trump Says He Will Leave Family Business. The Pros Tell Him How (BBG) Nearly 100 killed, hundreds hurt as quake strikes Indonesia's Aceh (Reuters) Fed May Struggle to Signal What Comes After December (WSJ) Kazakhstan detains suspected oil thieves linked to Islamists (Reuters) Pearl Harbor Survivors Gather for 75th Anniversary Reunion (WSJ) Plane with some 47 people on board crashes in north Pakistan (Reuters) 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!): AAPL UA WDC BA SGYP PLAY MU S DB KFY SQ X DGAZ UNH SPWR MIK UGAZ JNPR CCE MMM VA MPC CMG FXI PTEN HDS TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Wendy's (WEN) – Nelson Peltz's Trian increased its stake in the restaurant chain to 23.45 percent from the prior 15.6 percent. Southwest Airlines (LUV) – The air carrier reported a 7.2 percent increase in revenue passenger miles in November from a year earlier. Lowe's (LOW) – The home improvement retailer reiterated its prior guidance for fiscal 2016 prior to its meeting with analysts and investors Wednesday in Mooresville, North Carolina. UnitedHealth Group (UNH) – The health insurer was upgraded to buy from hold by Cantor Fitzgerald, which points to an upbeat outlook at last week's investor day. Cantor said the stock has room to move higher despite a 34 percent year-to-date gain, due to factors including market share gains and the elimination of exchange losses. 3M (MMM) – RBC upgraded the Dow component to sector perform from underperform, with a recent drop in the stock making its risk/reward profile more balanced. RBC does say that health care exposure could hurt 3M due to possible new Trump initiatives, but it is raising its price target for 3M to $171 from $155. Micron Technology (MU) – Citi began coverage on the chipmaker with a buy rating, pointing to rapidly improving fundamentals in the DRAM industry. Kellogg (K) – Credit Suisse removed the cereal maker from its US Focus List, and now rates it neutral. Credit Suisse said Kellogg's revenue growth continues to underperform that of its peers, and that moves to counter slowing growth have yet to pan out. MasterCard (MA) – The credit card issuer announced a 16 percent increase in its quarterly dividend, to 22 cents per share from the prior 19 cents. MasterCard also announced a new $4 billion share repurchase program. Dave & Buster's Entertainment (PLAY) – The company reported adjusted quarterly profit of 25 cents per share, beating estimates by 11 cents. The arcade and casual dining chain also saw revenue beat forecasts, and it raised its full-year revenue guidance. Western Digital (WDC) – Western Digital raised its fiscal second quarter revenue guidance to $4.75 billion from the prior $4.7 billion, and raised its earnings forecast. The hard disk drive maker cited more customer enthusiasm for its product mix and revenue from a new cross licensing agreement with Samsung, among other factors. Pfizer (PFE) – Pfizer was hit with a record $107 million fine by British officials for an epilepsy drug price increase of as much as 2,600 percent. The drugmaker said it plans to appeal the decision, and said the price was actually 25 to 40 percent less than the equivalent drug from an alternate supplier. Sony (SNE) – Sony plans to releases as many as six mobile phone gains in the upcoming fiscal year, as it tries to duplicate the success that rival Nintendo has seen with "Pokemon Go." Starbucks (SBUX) – Starbucks will be unveiling more details about its new upscale "Reserve" coffee bars at an analyst meeting in New York on Wednesday. Apple (AAPL) – The company said Apple Pay transactions are up 500 percent over a year ago, with apparel retailer Gap the latest to add the service. That's according to Apple executive Jennifer Bailey, speaking at a Recode event. And Apple Music subscriber rolls now total 20 million, compared with 17 million in September, according to a Billboard report. Fitbit (FIT) – Fitbit is near a deal to buy rival fitness device maker Pebble, according to Bloomberg, although the report said a deal will focus on Pebble's software assets. Have a good trading day to everyone in here on this Wednesday!
So, this was dumb. I was off by a day on the LULU trade. Fortunately, God smiles on the stupid. I'm actually up about 20%. Now I have to fight my greed to take my profits.
Im thinking of a new trading strategy that involves twitter and getting Trump to smack down companies! Let me know if this is a sound strategy: 1) Find US company with extensive international operations 2) Buy puts 3) Tweet about how horrible it is that they are making money offshore and not bringing it home! Include The Donald on the tweets. 4) Sit back and wait for him to retweet for a big pay day! Naturally the biggest problem here is getting him to retweet your tweet...
the small caps index sure have been stealing the spot light in these new highs for the major indices since the presidential election but now we've got the transportation index joining in and literally within striking distance of its old highs! this is pretty doggone amazing when you consider just how beaten down the transports had gotten during the late 2015/early 2016 correction ... they were off well over -30% at lows dow theorists with a raised eyebrow here!
A litte off from your topic Here is a sector you might want short Trump Vows to ‘Bring Down Drug Prices’; Biotech Stocks Fall https://www.bloomberg.com/news/arti...ll-bring-down-drug-prices-biotech-stocks-fall
This up move today is killing my bottom line. Ugh. I'm still thinking we get to 2250 on the /es. Just didn't expect to rush up to that number.
Real Estate and utilities doing well while the banks underperform the market today, maybe the market is expecting the ECB to announce more easing tomorrow
