A "Compelling Value" in Snack Stocks

Chinese exports to the U.S. fell sharply last month

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Opening View
 
 

9/09/2019

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Stock Futures Signal Higher Start to Trading Week

By Karee Venema

Share On

Dow Jones Industrial Average (DJI) futures are trading above fair value this morning, as the blue-chip index tries for a fourth straight win. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also signaling higher starts to the first full week of trading this month. Amid a relatively light economic calendar -- a reading on July consumer credit is due this afternoon -- traders are eyeing data from overseas, including a sharp drop in Chinese exports to the U.S. last month, as well as an unexpected rise in German exports in July.

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

  • Ciena stock flashes reliable bull signal.
  • Goldman: This is "the most compelling value" in snack stocks.
  • Plus, AT&T pops on Elliott Management buzz; the Chinese stock set to soar 50%; and the casino stock Deutsche Bank is buying.
>> Continue reading...
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