Chart Support to Watch for Walmart

Goldman Sachs and Bank of America both reported earnings beats

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OPENING VIEW     1/15/2020
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Stock Futures Drift Lower Ahead of "Phase One" Signing By Patrick Martin Share On U.S. stock futures are siting below fair value this morning, as Wall Street awaits the official signing of a "phase one" trade deal between the U.S. and China. Ahead of the 11:30 a.m. ET signing, there remains some tension between the countries, especially after Treasury Secretary Steven Mnuchin said this morning that tariffs between the two countries will remain until a "phase two" agreement. Elsewhere, investors are unpacking the latest round of corporate earnings, with a mixed bag of reports out of Bank of America (BAC), Goldman Sachs (GS), and Dow name United Health (UNH). Continue reading for more on today's market, including:  Founder and CEO Bernie Schaeffer discussed the chart support for Walmart worth watching. Why bulls were cheering on this retailer's rally. Plus, BlackRock scores an earnings beat; Target whiffs on holiday sales; NKTR pulls opioid drug. >> Continue reading...
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