Analysts Go Bullish On These 2 Cloud Stocks

PG and UTX are propping up the Dow today

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MIDDAY MARKET CHECK     10/22/2019
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Stocks Creep Higher Amid Earnings Flurry By Patrick Martin Share On The Dow Jones Industrial Average (DJI) is modestly higher at midday, as investors sift through the latest batch of corporate reports. So far, the blue-chip index is shrugging off lackluster earnings from Travelers (TRV) and McDonald's (MCD), and is instead propped up by post-earnings gains from Procter & Gamble (PG) and United Technologies (UTX). Boeing (BA) shares are also among the Dow leaders, rebounding after the firm completed a "dry run" of the grounded 737 MAX. However, while S&P 500 Index (SPX) is just above breakeven, the Nasdaq Composite (IXIC) is slightly lower. Elsewhere, oil prices are bouncing back, with December-dated crude futures up 1.8% at $54.25 per barrel.  Continue reading for more on today's market, including: 2 cloud stocks are up after bull notes today. A C-suite shakeup has Under Armour stock higher. Plus, Microsoft options bulls eye a big post-earnings move; BMY breaks out on upbeat cancer drug results; and streaming wars weighing on one FAANG stock. >> Continue reading...
LATEST HEADLINES
>> FCX Stock Gets Slammed with Bear Note Ahead of Earnings Credit Suisse slashed its price target on Freeport-McMorRan to $11 from $13 >> Stamps.com Call Volume Spikes on UPS Partnership It's a major shift in sentiment among STMP options traders >> Under Armour Stock Up On C-Suite Shakeup UAA options traders could be using calls to hedge >> 2 Cloud Stocks Seeing Bullish Analyst Attention Cloud stocks have struggled lately, but today analysts have been bullish >> Blue Chip Stock Deflates on Profit Loss Travelers Companies posted profits of $1.43 per share, which came in lower than analysts' estimates Sponsored [Urgent] Federally legal pot in these ten states, starting this year? The financial media has widely reported that the marijuana floodgates are about to open. Put yourself on the list of new marijuana millionaires with one simple step. Learn more in our free report, An American's Investor Guide to Becoming a Legal Marijuana Millionaire. Click here for Free Download
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