Stocks remained slightly higher after a solid jobs report backed confidence in the U.S. economic recovery. Those job gains only reinforced chances of a rate hike when the Fed convenes next week. Southwest Airlines (LUV) moved lower after guiding for a 2% to 3% decline in operating unit revenue over its first quarter, blaming "unexpected softness" in the back half of last month. The airline previously targeted revenue flat to down 1%. Vail Resorts (MTN) surged after blowing past second-quarter earnings estimates thanks to an increase in ticket prices. Sales rose 21% over the quarter, beating consensus. Ulta Beauty (ULTA) also exceeded quarterly estimates, though issued softer current-quarter guidance. The beauty products retailer has consistently surpassed earnings expectations.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.