Stocks are set to rebound after the worst day in a month on a tech sell off. Wall Street will wrap up not only the week today, but also the month and the quarter. Nike (NKE) shares are soaring this morning after an earnings beat and the official announcement of the deal with Amazon (AMZN) . The stock is up 7%. Nike said its international geographies and its direct-to-consumer business fueled sales growth in the latest quarter and for the full year. Nike also say strong growth in its Jordan brand, sportswear and running divisions. Tesla (TSLA) CEO Elon Musk is tweeting this morning to expect some news on the Model 3 Sunday. The mass market Model 3 starts at $35,000. The company had said the product will be unveiled in July but no official release date has been named yet.
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.