We went long $VXX Puts at close yesterday and they are set to open up nicely, also net long $WYNN, $TSLA, $NVDA, $VLO, $PCLN to name a few..
PRE-MARKET MOVERS

 

UPGRADES

 

Trending Social Alerts
1. ACAD:$ACAD PT raised to $36 from $31 at Leerink
2. LOW:EARNINGS ALERT: Lowe’s EPS beats $0.86 vs. $0.79 • revs. beat $15.784B vs. $15.386B $LOW
3. BBY:$BBY Best Buy Q4 17 Earnings Results: -Adj EPS: $1.95 -Revenue: $13.48B
4. AGIO:$AGIO $CELG FDA Accepts NDA and Grants Priority Review for Enasidenib in Relapsed or Refractory AML with an IDH2 Mutation. Pdufa Aug. 30 17′
6. SRPT:$SRPT PT cut to $43 from $68 at Piper

 

Trending News Headlines

1. Celgene Corporation on Twitter

“#NEWS FDA accepts Celgene/Agios NDA filing for Priority Review 4 a potential treatment for relapsed/refractory #AML

2. Amicus CEO John Crowley, Not His Daughter Megan, Might Compel Trump to Make Big Changes at FDA

Absent specific policy details, Trump’s speech leaves investors guessing about his real plans for the FDA and the drug approval process. He has not yet named an FDA commissioner.

3. j l on Twitter

“$ITCI meeting with FDA in late March”

4. j l on Twitter

“$MRK has dumped its BET inhibitor from Oncoethix acquisition”

5. In Video, Uber’s CEO Argues With a Driver Over Falling Fares

Travis Kalanick tells a driver to take responsibility for his problems and boasts about a tough culture.

Technology News
    Is your network connection unstable or browser outdated.
    Nearly three years have passed since Google announced it would offer an encryption for Gmail a potentially massive shift in the privacy options of a piece of software used by more than a billion people.
    And Somogyi points out that his engineers have also had to build and refine an entirely new library of crypto code in javascript a necessary stepping stone for secure encryption tools and one widely believed to be unworkable a few years ago.
    Its only serious effort in the last year was to offer encryption in its Allo messenger a new service with an infinitesimal fraction of the user base of existing chat platforms like Google Hangouts and Gchat.
    The site resembles the landing page for Hangouts but without the options to place a phone call or start a text chat.
    Based on the screenshots and the App detail page it appears Meet is meant to serve as a alternative to Hangouts the messaging voice and video chat application.
    As of the time of writing Meet has not officially replaced Hangouts in the G Suite lineup of products according to the main webpage for online business applications found at.
    The top trending attractions on a recent afternoon included clips of a gymnasium roof collapsing in the Czech Republic a colossal alligator lumbering across a footpath in Florida some North Korean refugees digging into American barbecue for the first time and a guy demonstrating how to wash a car with a baby.
    Maddening disruptions tend to take place during the biggest programming events when surges in viewership can reduce everything from World Cup soccer matches to Game of Thrones season finales into spinning buffer wheels of outrage and recrimination.
    Through the deals with Fox CBS NBC and ABC whose parent company Disney owns ESPN YouTube TV subscribers will be able to watch pro and college football basketball soccer baseball hockey tennis and golf.
    clear this video is a reflection of the criticism received is a stark reminder that I must fundamentally change as a leader and grow up.
    When you receive a pack have the option to request a free flu shot from a registered up to people.
    October by John Brownstein PhD Uber advisor in health careCategories Headlines Impact.
    The outage is due to error rates with in according to AWS service health dashboard which is where the company also says working on the issue without initially revealing any further details.
    Update PM PT AWS says seeing for object retrievals listing and which means probably seeing avatars and other visuals assets come back in some spots.
    Update PM PT is now fully recovered in terms of the retrieval listing and deletion of existing objects according to the AWS status page and now working on restoring normal operation for the addition of new items to storage.
    Its billion transistors deliver a dramatic increase in performance and efficiency and it bristles with NVIDIA CUDA cores and a massive frame buffer running at an unheard of.
    NVIDIA designed the GeForce GTX Ti to handle the graphical demands of gaming and deliver unrivaled VR experiences told the crowd.
    Audience members gasped when Huang revealed they were all rendered on our GTX Ti running at more than GHz and a temperature of just degrees centigrade an unprecedented feat.
    Which means also get networks like Fox News ESPN and Bravo YouTube execs say the base package will include about three dozen channels.
    YouTube base price puts it squarely in the same bracket as its competitors AT DirectTV Now for instance also launched with a offer.
    a bit of going on here YouTube first broke through the popular consciousness as an video repository where you could watch unauthorized versions of TV clips like Night.
    UPDATE Amazon Web Services has fixed all the issues related to the cloud storage outage Tuesday.
    UPDATE The online world is starting to spin again as Amazon is fixing the problems that caused error at its data centers in Virginia knocking out many prominent websites and apps Tuesday morning.
    We continue to work on recovery for adding new objects to and expect to start seeing improved error rates within the.
CNBC news Updates:

Lowe’s — The home improvement retailer reported an extremely upbeat quarter, much as its larger rival Home Depot did last month. Lowe’s earned an adjusted 86 cents per share for the fourth quarter, 7 cents a share above estimates. Revenue beat forecasts, and the comparable-store sales increase of 5.1 percent was more than double consensus estimates. Lowe’s also forecast 2017 earnings of $4.64 per share, compared to estimates of $4.53 a share.

Best Buy — The electronics retailer reported adjusted quarterly profit of $1.95 per share, beating estimates of $1.67 a share. Revenue was slightly below forecasts, and Best Buy also announced a 21 percent dividend hike and a $5 billion share repurchase program. The stock is under pressure, however, after Best Buy gave a weaker-than-expected earnings and sales outlook for the current quarter.

Vitamin Shoppe — The nutritional products retailer fell 4 cents a share shy of estimates, with adjusted quarterly profit of 36 cents per share. Revenue missed estimates, as well. Comparable-store sales dropped 2.2 percent, a bigger decline than the 1.8 percent anticipated by analysts. The company called its results disappointing in a difficult environment but said its initiatives should lead to improvement in the future.

Alere — The drugmaker said it would be unable to file its annual report in a timely manner, due to a review of revenue recognition at its Korean and Japanese locations. The review could impact accounting for certain transactions over the past few years, the company said.

Micron Technology — Goldman Sachs upgraded the chipmaker’s shares to “buy” from “neutral,” saying the company will benefit from increases in memory chip pricing, among other factors.

Salesforce.com — The business software maker beat estimates by 4 cents a share, with adjusted quarterly profit of 3 cents per share. Revenue was in line with Street forecasts, but the company did predict current-quarter profit below Street estimates. Overall, Salesforce has been seeing strong demand for its cloud-based software.

Time Inc. — The publisher of Sports Illustrated, Fortune, and other magazines has asked suitors to submit final acquisition bids by next week, according to a Bloomberg report.

Tribune Media — The broadcasting company has been approached by rival Sinclair Broadcasting about a possible combination, according to a Reuters report.

Intel — Bernstein downgraded the chip maker’s shares to “underperform” from “market perform,” in a report that says “the world seems to be moving against Intel’s strengths.”

Etsy — Etsy lost 19 cents per share, compared to forecasts of a 2 cents per share profit. The online craft seller did see revenue come in above estimates. Etsy is adding users and seeing revenue grow, but its expenses are increasing, as well.

Ambarella — Ambarella reported adjusted quarterly profit of 92 cents per share, 18 cents a share above estimates. Revenue exceeded forecasts, as well. The chipmaker gave weak current-quarter revenue guidance, however. Ambarella — a key supplier to camera maker GoPro — has been hurt by declines in the wearable sports camera market.

Palo Alto Networks — Palo Alto came in 1 cent a share above estimates, with adjusted quarterly profit of 63 cents per share. The cybersecurity company’s revenue missed forecasts, however, and it gave weaker-than-expected current-quarter revenue guidance. CEO Mark McLaughlin said the company has had what he calls “execution challenges.”

Weight Watchers — Weight Watchers earned 20 cents per share for its latest quarter, 2 cents a share above estimates. Revenue missed forecasts. The diet plan provider did give a strong 2017 forecast, however, after its subscriber rolls increased by 10 percent during its most recent quarter.

Alphabet — Alphabet’s YouTube operation announced plans for a live television service to be unveiled later this year for $35 per month. The service will feature the four major networks as well as additional well-known cable channels.

Veeva — Veeva reported adjusted quarterly profit of 22 cents per share, a 5 cent a share beat. Revenue also topped forecasts but the provider of software for drug companies also gave a forecast for the year that falls partly below expectations, pressuring its shares.

Hershey — Hershey will cut its workforce by 15 percent, mostly outside the United States. Hershey is implementing a plan designed to grow its flagship candy business and is expanding its snacks lineup.

Las Vegas Sands, Wynn Resorts — These are among the casino stocks likely to benefit following reports that Macau gaming revenue rose for the seventh month in a row and hit a two-year high during February.

Craft Brew Alliance — The beer maker was sued by two California residents who said they were fooled into believing the company’s Kona beer was made in Hawaii.

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