Dow Jones Industrial Average Futures Pointed Higher With Oil

The 'Significant Growth Opportunity' in Tech

Aug 15, 2016 at 9:21 AM

Dow Jones Industrial Average (DJIA) futures are set to jump at the open, as stocks piggyback off a rally in China. In addition, an extended run higher in oil prices is helping stocks, with September-dated crude futures up 1.2% at $45.03 per barrel, amid reports that Russia is open to production-freeze talks.

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

This tech stock could see a "significant growth opportunity," thanks to the Pokemon Go craze.
Should Home Depot Inc (NYSE:HD) bears be sweating ahead of earnings?
How Acacia Communications, Inc. (NASDAQ:ACIA) helped boost this peer to a five-year high.
Plus... Shanghai rallies, Tesla takes away its "autopilot," and Twitter edges higher on Apple rumors.

160815OV1

Futures on the Dow Jones Industrial Average (DJIA) are 32.5 points above fair value.

5 Things You Need to Know Today

Asian stocks finished higher, as investors root for an additional Chinese stimulus package.
The Chicago Board Options Exchange (CBOE) saw 911,645 call contracts traded on Friday, compared to 501,840 put contracts. The resultant single-session equity put/call ratio fell to 0.55, while the 21-day moving average remained at 0.63.
Tesla Motors Inc (NASDAQ:TSLA) is set to open up 0.4% at $226.60, after the automaker removed the terms "autopilot" and "self-driving" from its Chinese website, following accusations from a Chinese consumer that misleading advertising had contributed to a wreck. However, a Tesla spokesperson said the company has "been in the process of addressing any discrepancies across languages for weeks," and that "timing had nothing to do with recent events or articles."
Twitter Inc (NYSE:TWTR) is poised to jump 2% at the open, as rumors swirl that the social media stock will be partnering with Apple Inc. (NASDAQ:AAPL) to bring the Twitter app to Apple TV. A deal could allow Apple TV users to live-stream National Football League (NFL) Thursday night games.
American Eagle Outfitters (NYSE:AEO) is set to open up 5.7% at $20 -- a new three-year high -- following an upgrade to "buy" from "hold" by Deutsche Bank, which also hiked AEO's price target to $22 from $17. This isn't the first upbeat analyst note AEO has received lately, as the retailer readies to release earnings later this week.

Buzz Stocks August 15

Earnings and Economic Data

The Empire State manufacturing survey, NAHB housing market index, and Treasury International Capital (TIC) data will kick off this week's economic reports. Sysco (SYY) and Vipshop (VIPS) will report quarterly earnings.To see what is coming up on this week's schedule, click here.

Don't miss the market's next move! Sign up now for Schaeffer's Midday Market Check

Follow @Schaeffers

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released!