The headline: Dow Rebounds With 76-Point Gain as Drug, Financial, Mining, Railroad Shares Jump... Dealmaking, Optimism on Earnings Take Dow Within 100 Points of Record
Eric Bolling says speculation of mergers and tax receipts lifted the market higher.
Pete Najarian says internationally exposed stocks moved today; names such as 3M (MMM) and Honeywell (HON).
LESS THAN WHOLESOME:
The headline: Whole Foods (WFMI) CEO MackeyAssumes False Identity And Goes Into Internet Chat Room Talking Up His Stock
Jeff Macke says this is the first time he’s heard of something like this.
Eric Bolling says the guy is having fun on the internet.
AFTER HOURS ACTION: WHAT'S 'YUM' IN CHINESE?
The headline: Yum! (YUM) Surges After Hours on Strong Pizza Hut, KFC Sales in China
On May 28th Yum! Brands (YUM) Chief Financial Officer Rick Carucci told the Fast Money traders, “We are fortunate that we have a great buisness success in China. We've been in China for 20 years...we believe our infrastructure is a huge advantage because (we're in) 30 provinces for KFC and over 400 cities. And we are there first, before anyone else.”
Eric Bolling says YUM is a stock to watch because there is speculation they will do a buy back