Trade Buzz Boosts Stock Futures on Merger Monday

In other news, Charles Schwab will acquire TD Ameritrade in a $26 billion all-stock deal

Digital Content Manager
Nov 25, 2019 at 9:17 AM
facebook X logo linkedin

Stock futures are signaling another rally today, following Friday's last minute turnaround. Dow futures are roughly 81 points above fair value after comments on Saturday from U.S. national security advisor Robert O'Brien suggested a "phase one" trade deal between the U.S. and China could be in effect by the end of this year, even as he cautioned that President Donald Trump was "concerned" about the protests in Hong Kong. In corporate news, it seems the rumors are true; Charles Schwab (SCHW) said it would acquire TD Ameritrade (AMTD) in an all-stock deal worth $26 billion, which will create a combined company with $5 trillion in assets under management. 

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

  • Why one analyst thinks this big-cap China stock is a good bet. 
  • 2 stocks that soared after impressive quarterly reports. 
  • Plus, LVMH bids for Tiffany; Tesla stock bounces back; NVDA stock gets an upgrade. 

Futures Chart Nov 25

5 Things You Need to Know Today

  1. The Cboe Options Exchange (CBOE) saw 1.13 million call contracts traded on Friday, compared to 659,956 put contracts. The single-session equity put/call ratio moved down to 0.58, while the 21-day moving average came in at 0.58.
  2. The shares of jewelry issue Tiffany & Co. (NYSE:TIF) are up 5.8% in electronic trading after the company said it would be acquired by Louis Vuitton parent LVMH in a deal worth $16.2 billion, or $135 per share -- up from the initial bid of $120 per share. TIF is set to open around $132.81.
  3. Despite last Friday's awkward Cybertruck debut, the shares of Tesla Inc (NASDAQ:TSLA) are up 4% in electronic trading after tweets from CEO Elon Musk indicated that nearly 200,000 pre-orders for its newest electric pickup truck have already been placed. The Cybertruck pre-order involves a fully refundable $100 fee.
  4. Chip stock Nvidia Corporation (NASDAQ:NVDA) is rising this morning after Morgan Stanley upgraded the stock to "overweight" from "equal weight," and lifted its price target to $259 from $217. In a note to clients, the brokerage predicted a return to growth in the gaming and data center markets for 2020. NVDA is up 2.7% in pre-market action, on track to open around $216.48.
  5. Today's economic calendar features the Dallas Fed manufacturing survey. Agilent Technologies (A), Ambarella (AMBA), Hewlett Packard Enterprise (HPE), Nutanix (NTNX), and Palo Alto Networks (PANW) will report earnings.

buzz stocks nov 25

Pro-Democracy Victory for Hong Kong Gives Asian Stocks a Boost 

Hong Kong-listed stocks led the charge to a positive finish for Asian markets today, after Sunday's polls yielded a landslide victory for pro-democracy candidates on record voter turnout. The Hang Seng settled 1.5% higher on an election-related break from months of unrest, while South Korea's Kospi was close behind with a 1% gain. Elsewhere in the region, China's Shanghai Composite climbed 0.7%, and Japan's Nikkei advanced 0.8%.

Politics are also in focus over in Europe, where equity benchmarks are modestly higher at midday. Britain's Conservative party over the weekend launched its manifesto ahead of the Dec. 12 general election, with Prime Minister Boris Johnson vowing to "get Brexit done." On the data front, Germany's Ifo business climate index ticked higher in November, and among individual stocks, luxury conglomerate LVMH is up 1.4% in Paris after its bid to acquire upscale jeweler Tiffany. At last check, London's FTSE 100 is up 0.9%, the German DAX has gained 0.5%, and the French CAC 40 has edged 0.3% higher.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI