Take a look at some of Wednesday's midday movers:» Read More
Stocks ended mixed after a volatile session as investors cautiously anticipated monthly jobs data and third-quarter earnings reports. Alcoa and Verizon fell, while GE and DuPont rose.
Stocks were modestly lower ahead of the closing bell, ending a volatile session marked by a handful of encouraging economic reports, a rising dollar, and investor caution ahead of quarterly earnings reports and monthly jobs data. Verizon and Alcoa fell, while GE rose.
Today's six stocks worth watching.
U.S. stock futures are up as Europe is trading up 1 to 2 percent. The put/call ratio at the close yesterday was 1.28—meaning 1.28 puts bought for every call—fairly high. This is a contrarian indicator, as it represents stock that needs to be bought back eventually. What does it mean? It means traders are either getting short or hedging their long positions.
Commodities and commodity stocks higher pre-open on Alcoa earnings. While Alcoa is getting all the attention, Australia is again helping Asian markets due to a much better than expected jobs report there...Australia reported an increase of 40,600 jobs in August versus a forecast of a drop of 10,000 jobs.
Futures are higher this morning on a combination of optimism over a CIT deal, better earnings, and a bullish call from Goldman Sachs.
In fact, JPMorgan Chase's vice chairman wasn't exactly enthusiastic about the economy either. Cramer reacts to both and offers plays on cheaper gas.
Futures trade in a fairly tight range this morning ahead of a key 10-year Treasury note auction around 1pm ET today and the earnings season kickoff this afternoon with Dow component Alcoa reporting results after the close.
The S&P 500 fell to its lowest level in 10 weeks on Tuesday as talk of a second government stimulus plan heightened fears that the economy remains weak.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Founded by five University of Texas students this restaurant chain is named after a Rolling Stones tune from 1966. And while many investors can’t get no satisfaction because of rising food prices and low consumer spending this company still managed to cook up earnings bigger than one of its burgers. Who is it?
More plays on tomorrow's market moving events including oil inventories, Ruby Tuesday earnings and more...
Ruby Tuesday reported on Wednesday a drop in quarterly earnings in line with a lowered forecast the restaurant operator had given, and cut its full-year outlook.