Here are tomorrow's notable Pre-Market ER: $JNJ $GS $DPZ $UNH $PM $HOG $BLK $RF $CMA $GWW $KSU $MTG $SNV $TTS $WWW $OMC
Well, not it's "broken" per say and no you're not dumb either ... the search here seems to be limited in what it will pull up when you search for the ticker symbol that has less than 4 characters in it (in this case DPZ being only 3 characters). So, in those cases you just need to do the search on Google to pull up the thread, unless there is no thread created for that particular company. However in this case there is here: http://stockaholics.net/threads/dpz-dominos-pizza.833/
The search function is something we will need to get a customized script for eventually. Getting 1,2 and three letter ticker symbols is not something this search was built to do. Being a financial site, our needs are pretty unique, but we will get this done!
Icahn: I'm 'more and more' concerned about the stock market Billionaire investor Carl Icahn told CNBC on Monday he is "more and more" concerned about the stock market, and many S&P 500 companies are "way overvalued," considering the risk in emerging markets. In an interview with Scott Wapner on "Fast Money Halftime Report," the chairman of Icahn Enterprises said he is cautious about the market on the long term basis, but on the short-term it's "anybody's guess." Icahn did say, however, that nutritional supplement-company Herbalife is "undervalued" and is a good model that gives jobs to many people. Icahn's firm is the largest shareholder of Herbalife, and he has been in a high profile battle against hedge fund billionaire Bill Ackman over the company. http://www.cnbc.com/2016/10/17/billionaire-carl-icahn-a-lot-of-companies-are-way-overvalued.html
Took several positions today here towards close. Spiked lizards in NFLX and DPZ, a butterfly in IBM (bearish) and a naked strangle in UAL. Now, if all of these companies can just stay flat after earnings.
Well Netflix is going gangbusters after hours. If more earnings reports are like this the market should turn bullish again.
I took in a small credit with my spiked lizard. So anything up is good. Means no lose. But I'd rather make some money so I hope it comes back down to around 110.
An end to gridlock in D.C. or an incumbent defeat Historically, S&P 500 performance from the end of July until the end of October has been a reliable indicator as to the outcome of November’s election (hat tip Sam Stovall of CFRA, formerly S&P Global Equity and Fund Research). When the period was positive, the incumbent party typically wins the election, when the period was negative, the incumbent usually lost. Overall in 18 presidential elections since 1944, the indicator was correct 15 times (83.3%). As of today’s close S&P 500 is down 2.2% since the last trading day of July. This would suggest an incumbent party defeat and a victory for Republican Donald Trump. While certainly a possibility, it is also a possibility that the market is increasingly unhappy with the prospects that the Democrats could sweep the election and retain the White House while reclaiming the House and the Senate. The end of gridlock in D.C. would introduce even more uncertainty for the market to cope with.
Good Tuesday morning Stockaholics! Spoiler: 10/18 Tuesday's Stock News Movers: GS, UNH, JNJ, BLK, RF, HOG, CMG, UA, NFLX, IBM, UAL, V, DKS, ALK 10/18 Tuesday's Stock News Movers: GS, UNH, JNJ, BLK, RF, HOG, CMG, UA, NFLX, IBM, UAL, V, DKS, ALK, F Good day Stockaholics! Happy Tuesday! Frontrunning: October 18 Commodity stocks lift global shares, inflation in focus (Reuters) FBI Papers Show State Department Fought Clinton Email Classification (WSJ) Russia Declares Pause in Aleppo Bombing so Rebels, Civilians Can Flee (NBC) Syria rebels reject Aleppo withdrawal after Russian statement (Reuters) UK lawmakers will 'very likely' have to ratify final Brexit deal: government lawyer (Reuters) U.K. Inflation Rate Surges to Highest in Almost Two Years (BBG) Mosul campaign is a calculated risk for Obama (Reuters) UnitedHealth Boosts Forecast as It Puts Obamacare Woes in Past (BBG) Norway’s oil fund urged to invest billions more in shares (FT) Why Americans Work So Much More Than Europeans (BBG) Iraqi Forces Advance to Edges of ISIS-Held Mosul (WSJ) The Company Taking Over Breakfast in America (BBG) 4-star general snagged for lying in Stuxnet leak probe (Politico) How Apple Scaled Back Its Titanic Plan to Take on Detroit (BBG) Goldman Sachs’s Asia Pacific Chairman to Retire (NYT) At least two dead in explosion at German BASF chemical plant (Reuters) Visa CEO Charles Scharf Is Stepping Down (WSJ) Big Labor Unions Increase Spending on 2016 Election (WSJ) Ukraine's Poroshenko not optimistic about meeting with Putin (Reuters) STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (SYMBOLS ARE CLICKABLE!): NFLX GS CMG JNJ INTC UNH IBM V DPZ VRX OAS CRBP SPY GOLD CMA OMC MACK AMTD HOG GWW DHX CY BLK SWN MCD TODAY'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Goldman Sachs — Goldman Sachs on Tuesday reported third-quarter earnings that easily beat on both the top and bottom line, helped by strong gains in trading revenue. Shares spiked more than 1.5 percent in premarket trade. The investment bank posted quarterly earnings of $4.88 a share on revenue of $8.17 billion, up from $6.86 billion in revenue in the same quarter last year. Bottom-line profit surged 58 percent. Analysts had expected Goldman Sachs to report third-quarter earnings per share of $3.82 on revenue of $7.42 billion, according to a consensus estimate from Thomson Reuters. UnitedHealth Group — The health insurer earned an adjusted $2.17 per share for the third quarter, nine cents above estimates. Revenue also beat forecasts and the company raised its full-year outlook, thanks in part to falling claims costs. Johnson & Johnson — J&J came in two cents above estimates with adjusted third quarter profit of $1.68 per share, with revenue beating forecast as well. The company raised its full-year forecast, thanks in part to increased drug sales. BlackRock — BlackRock reported adjusted quarterly profit of $5.14 per share, 14 cents above estimates, with revenue essentially in line. The asset manager said it was able to thrive despite a shift by investors from equities to fixed income and cash assets, with $55 billion in long-term inflows. Regions Financial — The regional bank came in three cents above estimates with quarterly profit of 24 cents per share, while revenue was also above forecasts. Regions did see a decline in business loans during an otherwise positive quarter. Harley-Davidson — The motorcycle maker matched forecasts with quarterly profit of 64 cents per share, and also maintained its motorcycle shipment forecasts for the year. Chipotle Mexican Grill — Chipotle was downgraded by Raymond James to "underperform" from " market perform," saying the restaurant chain's lost sales stemming from last year's E. coli scare may be permanent. Under Armour — The athletic apparel maker has won its first professional sports uniform deal, according to ESPN. Under Armour will take over from Majestic Athletic as the uniform provider for Major League Baseball beginning with the 2020 season. Netflix — Netflix doubled estimates with quarterly earnings of 12 cents per share, with revenue very slightly above forecasts. The video streaming service also gave an upbeat outlook for the current quarter, and reported extremely strong subscriber growth. IBM — IBM reported adjusted quarterly profit of $3.29 per share, six cents above estimates, with revenue also above forecasts although it did fall for the 18th consecutive quarter. However, IBM did see its cloud computing and artificial intelligence units–among its newer offerings–post improvements. United Continental — The company came in five cents ahead of estimates with adjusted quarterly profit of $3.11 per share, with revenue very slightly exceeding Street forecasts. The airline did say that lower airfares and higher wages will hurt its bottom line for the current quarter. Visa — Chief Executive Officer Charles Scharf will step down on December first, to be replaced by former American Express President and current Visa director Alfred Kelly. Scharf told employees in a letter he could no longer spend the time in San Francisco, where Visa is headquartered, to do the job properly. Dick's Sporting Goods — Dick's is preparing a bid for the U.S. units of bankrupt Golfsmith International, according to Reuters. A bid by Dick's would compete with an offer by Worldwide Golf Shops. Alaska Air Group — The airline is in talks with the Justice Department to gain approval for its tentative deal to buy rival airline Virgin America, according to a Reuters report. Among the subjects reportedly being discussed is a discontinuation of some of Alaska Air's code-sharing agreements with some of the larger US carriers. Orbital ATK — Orbital's unmanned Antares rocket successfully blasted off late Monday for a cargo trip to the International Space Station. That comes two years after one of the company's rockets exploded during liftoff. Ford Motor — Ford is temporarily shutting down production of its popular F-150 pickup trucks at a Kansas City assembly plant, and plans to do the same at three other plants. The moves will idle about 13,000 Ford hourly workers for the duration of those shutdowns, as Ford deals with slowing sales. Good trading day to everyone in here on this Tuesday!
