Ulta Beauty Earnings Spark Big Trades

Oil is getting a boost on an OPEC agreement

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MIDDAY MARKET CHECK     12/06/2019
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Stocks Keep Climbing After Nonfarm Payrolls By Josh Selway Share On Stocks continue to climb after this morning's impressive jobs report, with the Dow Jones Industrial Average (DJI) sporting a more than 300-point lead at the halfway point. Positive China buzz and rising oil prices are only adding to the bullish bias, after Organization of the Petroleum Exporting Countries (OPEC) members agreed on even deeper production cuts. At last check, January crude futures were up 1.2% at $59.13 per barrel. Energy is outperforming as a result, along with the tech and retail sectors, helping push the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) sharply higher, as well.  One oncology stock an analyst is buying. Traders are blasting Ulta Beauty after earnings. Plus, Stitch Fix speculation ramps up; a retail winner; and Yext sinks after earnings. >> Continue reading...
LATEST HEADLINES
>> Bear Signal Flashes for CHWY Stock Before Earnings CHWY just ran into its 40-day moving average, which has spelled trouble for the stock in the past >> Needham is Buying Trade Desk Ahead of the 2020 Election Trade Desk stock has more than doubled in 2019 >> SunTrust Robinson Bets Oncology Stock Can Stay Hot All other ATNX analysts are bullish >> SAVA Stock Keeps Climbing on Drug Data Cassava announced promising results for a mid-stage study of its lead Alzheimer's drug >> Analysts, Options Traders Blast Ulta Beauty Stock After Earnings Beat Call traders are targeting weeklies that expire later today Sponsored The Only Pot Company Of Its Kind I've found a company with a marijuana profit-sharing plan that's 100% backed by the U.S. Federal Government. Out of 4,000 publicly traded stocks, this is the only one of its kind. And it will give you the opportunity to collect up to $55,563 from the legal marijuana boom. Details here.
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