Schaeffer's Top Stock Picks for '25

Dow Jones Industrial Average Futures Surge as Oil Recovers

The SPY Strikes Putting Stocks at Risk

Jan 12, 2016 at 8:55 AM
facebook X logo linkedin


After squeezing out a win on Monday, futures on the Dow Jones Industrial Average (DJIA)​ are showing more signs of life ahead of the open. The blue-chip index is looking at a triple-digit jump out of the gate, with oil futures moving back into positive territory after sliding in early trade. Earnings season may also be providing an extra spark on Wall Street, although the schedule is rather light until Thursday. On the data front, traders will digest the Job Openings and Labor Turnover Survey (JOLTS), due out shortly after the open. 

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


160112Futures

Futures on the Dow Jones Industrial Average (DJIA) are 149.4 points above fair value. 

5 Things You Need to Know Today

 

  1. While most Asian markets continued to struggle, equities in Europe are enjoying broad gains
  2. The Chicago Board Options Exchange (CBOE) saw 788,011 call contracts traded on Monday, compared to 740,361 put contracts. The resultant single-session equity put/call ratio rose to 0.94, while the 21-day moving average moved up to 0.73. 
  3. Alcoa Inc (NYSE:AA) shares have traded on both sides of breakeven in electronic trading, but were last seen up 0.8%. The aluminum giant last night posted better-than-expected earnings for the fourth quarter, though sales disappointed. AA was trading lower yesterday ahead of the event, with bearish expectations running high
  4. It could be an ugly day for Lululemon Athletica inc. (NASDAQ:LULU) short sellers, as the stock is pointed 9.3% higher in pre-market action. The apparel retailer boosted its revenue outlook after posting strong holiday sales. 
  5. Time Warner Inc (NYSE:TWX) is edging higher as the open approaches, even though activist investor Carl Icahn has denied reports he's building a stake in the firm. TWX has been red hot this year, gaining 7.6%. 


160112OV_Buzz

Earnings and Economic Data

Richmond Fed President Jeffrey Lacker will step up to the mic. On the earnings front, CSX Corp (CSX) and Progress Software (PRGS) will report. To see what's up next on this week's agenda, click here.

 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter