Amazon (AMZN) plans to test an Uber-like delivery service that would enlist drivers to deliver Prime packages within an hour. General unease heading into Friday's highly anticipated jobs report kept investors on the sidelines in choppy trading. Stocks closed mixed in the final hour after dipping above and below the flatline for much of the day. Bank of America (BAC) is reportedly cutting dozens of jobs in its trading and banking divisions. The firm has committed to trimming expenses amid a drop in trading revenue. Sales in that division dropped around 5% over the third quarter. Anheuser-Busch (BUD) has allegedly approached Bank of America among others to secure as much as $70 billion to finance a takeover offer for SABMiller (SBMRY).
More from Video
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.