This Large-Cap Analyst Trend is a Bullish Signal

The Financial Times is reporting on encouraging U.S.-China trade progress

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4/03/2019

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Trade Buzz Fuels Stock Futures

By Karee Venema

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Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, with traders upbeat ahead of the latest round of U.S.-China trade talks. With Chinese Vice Premier Liu He in Washington D.C. today, the Financial Times is reporting the two sides have made significant progress in negotiations. Traders are also watching rising oil prices -- with the May-dated crude up 0.1% at $62.63 per barrel -- and shrugging off weak ADP private payrolls data, which showed U.S. businesses added a lower-than-expected 129,000 new jobs in March.

Continue reading for more on today's market, including: 

  • This emerging analyst trend could be positive for stocks, according to Schaeffer's Senior Quantitative Analyst Rocky White.
  • History says to buy cheap calls on Shopify stock.
  • Options traders blasted this booming biotech.
  • Plus, GameStop set for single digits; Blue Apron's C-suite shakeup; and a downgraded Dow stock.
>> Continue reading...
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