Monday, October 15, 2018 8:07 AM EDT
The Week Ahead: Can Markets Recover?
Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as retail sales, NY Empire Manufacturing, industrial production, housing starts, FOMC minute, Phill Fed Manufacturing, leading indicators and existing home sales More...
Futures Positive This Morning
U.S. futures: S&P +29 Dow Jones +251, NDX +108 and Russell 2000 +15 with fair values LOWER helping open. Asia and Europe bouncing as well. More...
Today's Superstock Investor Stock Scorecard:
L3 Technologies Inc (LLL)
L3 (LLL) and Harris Corp (HRS) are merging in a merger of equals. So we will look at both shares the next two days. Today we look at L3 that is up by 4.7% in pre-market trading. The closing price on Friday was $195.78 which is below both the price target and upper bound. So there is no overpayment on L3. More...
Articles That Matter:
Sears Declares Bankruptcy
This morning Sears Holding (SHLD) has declared bankruptcy. Clearly, the rise of Amazon (AMZN) and the increased strength of Walmart (WMT) along with Target (TGT) weighed on Sears. This continues the trend of reducing the overbuilding of retail stores. More...