US Stock Futures Surge Ahead Of Jobless Claims Data

by Benzinga Staff
November 5, 2015 7:22 AM | 2 min read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Pre-open moversUS stock futures traded higher in early pre-market trade. Data on weekly jobless claims and non-farm productivity for the third quarter will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 52.5 points to 17,839.5, while the Standard & Poor's 500 index futures rose 6.50 points to 2,101.25. Futures for the Nasdaq 100 index climbed 13.25 points to 4,722.75.A Peek Into Global MarketsEuropean markets were mostly higher today, with the Spanish Ibex Index rising 0.36 percent, STOXX Europe 600 Index surging 0.18 percent and German DAX 30 index climbing 0.85 percent. French CAC 40 Index surged 0.96 percent and London's FTSE 100 Index fell 0.54 percent.In Asian markets, Japan's Nikkei Stock jumped 1 percent, Hong Kong's Hang Seng Index fell 0.01 percent, China's Shanghai Composite Index surged 1.835 percent and India's BSE Sensex declined 0.94 percent.Broker RecommendationAnalysts at Susquehanna downgraded Sodastream International Ltd (NASDAQ: SODA) from Positive to Neutral and lowered the price target from $27.00 to $16.00.SodaStream shares climbed 5.33 percent to close at $16.61 yesterday.Breaking news
  • Facebook Inc (NASDAQ: FB) reported better-than-expected earnings for the third quarter on Wednesday. To read the full news, click here.
  • QUALCOMM, Inc. (NASDAQ: QCOM) reported better-than-expected results for its fiscal fourth quarter on Wednesday. However, the company issued a weak forecast for the first quarter. To read the full news, click here.
  • Cellcom Israel Ltd. (NYSE: CEL) announced today that the Company entered an agreement with Golan Telecom Ltd., or Golan, and its shareholders for the purchase of 100% of the shares of Golan, an Israeli cellular operator, for the sum of NIS 1.17 billion. To read the full news, click here.
  • Sanofi SA (ADR) (NYSE: SNY) and Hanmi Pharmaceutical Co., Ltd. announced today a worldwide license agreement to develop a portfolio of experimental, long-acting diabetes treatments. To read the full news, click here.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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