Monday, January 8, 2018

1/8 Monday Stock Market Movers & News

Good morning traders of the r/StockMarket sub! Welcome to Monday! Here are your pre-market stock movers & news this morning-


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Frontrunning: January 8

  • President Donald Trump will address thousands of farmers and ranchers today with big concerns about his trade and immigration policies, particularly NAFTA. Trump fared well in rural America during the 2016 election and remains popular. (Politico)
  • Here's what Trump is going to talk about in his first major speech since tax reform passed (CNBC) GOP tax bill faces a hard sell to voters after tough road to passage(CNBC)
  • Trump will reportedly undergo a formal health check Friday as the president attempts to dispel any doubts about his fitness for office. It comes amid intense speculation about his mental and physical suitability for the presidency. (The Telegraph)
  • Trump is reportedly beginning his days later to accommodate TV and Twitter time (Axios)
  • Trump rejects accusations in critical book, describes self as 'stable genius' (CNBC)
  • Steve Bannon said he "regrets" his comments made to author Michael Wolff in his book "Fire and Fury" that has shaken the Trump White House. He also said his support is "unwavering for the president and his agenda." (CNBC)
  • Some of the facts just don't stack up in Wolff's book (CNBC)
  • Stephen Miller kicked off CNN, triggering 'fake news' defense by Trump (CNBC)
  • Trump's legal team is reportedly considering options in the event that special counsel Robert Mueller asks to interview the president about the Russia probe. The team may request Trump be able to submit written responses to questions in lieu of a formal sit-down. (NBC News)
  • The NAACP is urging people to wear white and hold anti-Trump signstoday to protest President Trump's visit to Atlanta. He is set to attend the College Football Championship game between Alabama and Georgia. (AP)
  • Fire crews were responding to a fire at Trump Tower in Midtown, Manhattan, NBC News reported on Monday. There are no injuries reported and the fire is thought to be under control, according to NBC News.
  • Flooding from a water main break forced a temporary suspension of some flights at New York's John F. Kennedy International Airport this weekend. It happened just days after a winter storm canceled or delayed hundreds of flights. (Reuters)
  • Iran's Revolutionary Guard said the country's people and security forces had defeated unrest, which has seen 22 people die and more than 1,000 arrested. Parliament met behind closed doors on Sunday to discuss the week of unrest. (Reuters)
  • North Korea may suddenly want talks because of how powerful it has become (CNBC)
  • Trump reportedly targeting China in aggressive trade crackdown (Politico)
  • The global #MeToo movement cast a long shadow over the 2018 Golden Globes ceremony Sunday. Several proclaimed it was time for a change. Oprah Winfrey, who received the Cecil B. DeMille award for lifetime achievement, praised women who came forward with their stories. (NBC News)
  • Read Oprah's entire Golden Globes speech (NY Times)
  • Here's the complete list of Golden Globe winners (NY Times)
  • Two Apple (AAPL) shareholders are urging the company to address the growing issue of iPhone addiction among youths. The shareholders, Jana Partners and the California State Teachers' Retirement System, reportedly control about $2 billion worth of Apple shares. (Reuters & WSJ)
  • Survey spells trouble for Apple and Samsung: Users of Amazon Echo use phones less (CNBC)
  • Elon Musk's SpaceX successfully launched a secret U.S. government payload called Zuma and landed its rocket back on Earth. SpaceX is now gearing up to launch its biggest rocket yet called the Falcon Heavy. (CNBC)

STOCK FUTURES NOW:

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YESTERDAY'S MARKET HEAT MAP:

(CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S IPO'S:

(CLICK HERE FOR THIS WEEK'S IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($JPM $LEN $KBH $WFC $SCHN $HELE $BLK $AYI $DAL $FCEL $MSM $SVU $PNC $SNX $WDFC $SJR $SHLM $SMPL $EXFO $SAR $LMNR$SLP$PRGS $NTIC $VOXX $INFY)

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

()

([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

N/A.


EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

THIS MORNING'S INSIDER TRADING FILINGS:

(CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • NVDA
  • GPRO
  • WATT
  • CAT
  • MZOR
  • KSS
  • DVAX
  • SPY

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)

Snap — Analysts at Jefferies downgraded the social media company's stock to "hold" from "buy," with analysts noting that "fundamental execution needs to be shown before we can be more positive on the name."

STOCK SYMBOL: SNAP

(CLICK HERE FOR LIVE STOCK QUOTE!)

Pandora — Morgan Stanley downgraded the music streaming service to "equal weight" from "overweight," noting that "growing ad revenue in '18 is no longer a given as Pandora faces engagement and monetization challenges."

STOCK SYMBOL: P

(CLICK HERE FOR LIVE STOCK QUOTE!)

Caterpillar — Caterpillar shares rose 1.8 percent before the bell after J.P. Morgan upgraded the stock to "overweight" from "neutral." The analysts said in a note they expect Caterpillar's sales to get a boost from the tax bill signed last month.

STOCK SYMBOL: CAT

(CLICK HERE FOR LIVE STOCK QUOTE!)

Hershey — The candy giant, along with The Ferrero Group, submitted a final bid to acquire Nestle's U.S. confectionery business, sources told CNBC.

STOCK SYMBOL: HSY

(CLICK HERE FOR LIVE STOCK QUOTE!)

United Technologies — The Dow component was upgraded to "buy" from "hold" at Goldman Sachs. Analysts said geared turbofan jet engines are reaching a "positive financial second derivative" in their life cycles, which will change the stock's narrative. They also see a 30 percent rally for the stock this year.

STOCK SYMBOL: UTX

(CLICK HERE FOR LIVE STOCK QUOTE!)

Mallinckrodt — Mallinckrodt agreed to sell hemostasis products Recothrom and PREVELEAK to Baxter for $185 million. The deal includes an upfront payment of $153 million.

STOCK SYMBOL: MNK

(CLICK HERE FOR LIVE STOCK QUOTE!)

Celgene — The biotechnology company agreed to buy private firm Impact Biomedicines for as much as $7 billion. Celgene is interested in Impact Biomedicines' fedratinib, a kinase inhibitor that has shown promise as a potential treatment for a type of blood cancer.

STOCK SYMBOL: CELG

(CLICK HERE FOR LIVE STOCK QUOTE!)

Lululemon — Lululemon raised its fourth-quarter earnings and revenue guidance on the back of strong holiday sales. Shares of the athletics retailer climbed 2.2 percent in the premarket.

STOCK SYMBOL: LULU

(CLICK HERE FOR LIVE STOCK QUOTE!)

Kohl's — Kohl's said its holiday sales rose 6.9 percent year-over-year, surpassing estimates. The company also raised its fiscal 2017 earnings guidance. Kohl's shares surged more than 8 percent.

STOCK SYMBOL: KSS

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


DISCUSS!

What is on everyone's radar for today's trading day ahead here at r/StockMarket?


I hope you all have an excellent trading day ahead today on this Monday, January 8th, 2018! :)



Submitted January 08, 2018 at 09:03AM by bigbear0083 http://ift.tt/2qCf5yw

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