Seems like now would be a good time to travel and see the world. Maybe I'll go to Canada to make my next big purchase.
A gold mine? How is airfare looking? European flights were pretty cheap, with the terrorist fears, but not sure if they're staying down now. Of course, airlines have some schemes to make you pay more for luggage...if only I didn't have to pack clothes for a vacation...one of my crazy ideas.
I was lucky, was able to avoid fee for international flights even when my luggages were slightly overweighted
Housing data was pretty good this morning, but the homebuilders are still down most likely due to the rising rates
^^ i missed that one this morning ... looks like that was highest read on nahb homebuilder sentiment since '05
Good morning Stockaholics! Happy Friday! Weekend is almost here! Here are your pre-market stock movers & news on this final trading day of the week- Spoiler: 12/16 Friday's Stock News Movers: HON, JWN, BID, CLX, GE, ORCL, ADBE, GILD, PCLN, DOW, YHOO, LVS 12/16 Friday's Stock News Movers: HON, JWN, BID, CLX, GE, ORCL, ADBE, GILD, PCLN, DOW, YHOO, LVS Good day Stockaholics! Happy Friday! Frontrunning: December 16 The narrative continues this time from Reuters: Putin turned election hacks in Trump's favor: officials (Reuters) Russian Special Forces Key to Aleppo Victory (WSJ) Dollar Hits Speed Bump in Fed-Driven Rally; Bonds Stem Declines (BBG) Battered euro and yen recover after dollar surge (Reuters) Wall Street's 2017 Forecasts Are Doomed If Trump Doesn't Follow Through On Campaign Promises (BBG) Yahoo’s Password Move May Put Verizon Deal at Risk (WSJ) China's Wanxiang gets approval to produce Karma electric cars (Reuters) RNC Security Foiled Russian Hackers (WSJ) China Plans Prudent, Neutral Monetary Policy for Next Year (BBG) China holds first live-fire drills with aircraft carrier, warships (Reuters) Valeant’s 2016 Has Been All Pain, No Gain (BBG) Buffett’s Era of 8.5% Dow Dividends Is Coming to an End (BBG) Japan Dethrones China as Top U.S. Foreign Creditor (WSJ) Breakthrough in Japan, Russia islands row eludes PM Abe, Putin (Reuters) Sanofi Said to Be in Advanced Talks to Acquire Actelion (BBG) Chesapeake Energy Drills Deeper for Profit (WSJ) 'Trump trade' drives ninth biggest weekly rush to stocks: BAML (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!): EVOK HZNP VRX ADBE GILD GE ORCL UBS NX CNOB CIVI KBH HON BBRY CCL PIR FDX GNBC SCHW GBNK RL MGM VZ TSL GPOR TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Honeywell — Honeywell shares are under pressure after Honeywell said its current-quarter earnings would come in at the low end of its prior forecast, and gave a 2017 earnings outlook that falls largely below estimates. The company did give upbeat comments about 2017, despite what it sees as a slow growth global environment. Trivago — The hotel search website operator saw its initial public offering price at $11 per share, below the expected range of $13 to $15 a share. Trivago raised a total of $287 million in the offering. Nordstrom — JPMorgan Chase downgraded the retailer to "underweight" from "neutral" following meetings with management, and based its decision on relatively flat sales and no "silver bullets" on the horizon to improve trends. Sotheby's — Cowen upgraded the auction house to "outperform" from "market perform" due to what it calls an improving business model and market environment. Clorox — BMO began coverage on the consumer products maker with an "outperform" rating, noting a recent pullback in the share price represents a buying opportunity. BMO is upbeat on Clorox's product portfolio as well as the ability to make strategic acquisitions. General Electric — The Dow component was upgraded to "outperform" from "market perform" at Bernstein, noting a positive transformation in GE's asset portfolio and underperformance by the shares this year. Oracle — Oracle adjusted quarterly earnings of 61 cents per share, one cent above estimates, while the business software maker's revenue was slightly below Street forecasts. Executive chairman Larry Ellison highlighted the company's passing rival Salesforce in cloud-based revenue, but the shares are under pressure with investors apparently disappointed at the cloud unit's rate of growth. Adobe Systems — Adobe beat estimates by four cents with adjusted quarterly profit of 90 cents per share, while revenue was slightly above forecasts. Adobe's quarterly was highlighted by a 39 percent jump in subscription revenue, although it did project 2017 earnings that fall slightly below Street consensus. Gilead Sciences — Gilead was ordered to pay Merck $2.5 billion in damages for patent infringement involving hepatitis C drugs. Gilead said it "respectfully disagrees" with the jury's verdict and damage award and plans to appeal. Priceline Group — Priceline named its strategy chief Glenn Fogel as its next Chief Executive Officer, effective January 1. Chairman Jeff Boyd has served as interim CEO for the travel website operator following the firing of CEO Darren Huston earlier this year. Boyd will continue to serve as executive chairman. Dow Chemical — Dow gained the right to convert $4 billion of preferred stock into common shares, after a rally in Dow's share price triggered conversion rights. That means Dow Chemical will no longer have to pay $255 million per year to Berkshire Hathaway and $85 million to Kuwait's sovereign wealth fund, which both hold the preferred shares. Harman International — Harman may see a higher takeover bid, according to The Wall Street Journal's Heard On The Street column, as Samsung's current $8 billion deal faces shareholder opposition. The column speculates that other companies like Microsoft or Alphabet might swoop in to bid for the auto parts maker in an attempt to further their efforts involving self-driving vehicles. Yahoo — Yahoo remains on our watch list, with increasing speculation that Verizon may demand changes or cancel its deal to buy Yahoo's internet assets following the revelation of another data breach. Agio Pharmaceuticals — Agio is discontinuing the development of a second drug to treat a rare form of anemia. The move follows the FDA's action to put a study of the drug on hold, although Agio said it is still working on another drug designed to treat that condition. Las Vegas Sands — The stock was added to the Conviction Buy list at Goldman Sachs, with casino rival MGM Resorts earning a "buy" rating in the same report. Wynn Resorts was rated at "neutral." Goldman likes Las Vegas Sands in particular for its potential to benefit from rebounds in both Las Vegas and Macau. Jabil Circuit — The electronics manufacturer came in five cents above estimates with adjusted quarterly profit of 69 cents per share, with revenue also beating forecasts. It did particularly well in its diversified manufacturing services business, which includes Apple among its customers. Have a good trading day to everyone in here on this Friday!
It's just Christmas. Volume will probably decrease a lot next week as only hard core traders do any trading. Every one else will probably be on vacation.
China's Navy seizes American underwater drone in South China Sea http://www.cnbc.com/2016/12/16/china-has-seized-an-unmanned-us-navy-vehicle-in-south-china-sea.html That's the storm I guess, maybe Trump will tweet something about it soon
No idea about ROS. But first solar really helped my account today. I guess news Elon Musk is going to buy the company really helped. Another day like today and I can get out with a profit.
Somebody needed to buy shares fast...wondering if someone was exercising options. I see someone was buying calls for next month. I've been hearing that solar is bottomed, you might be able to get out with big profit.
