Market Movers, July.5th

Brazil stocks rally after government clears pension reform bill, BRZU up 7% in the premarket, Read more

6:35am, DBVT up 24%, no news available at the time

Karyopharm Therapeutics prices blood cancer treatment following FDA approval, currently up 16.9% as of 6:46am on 37,613 shares traded, Read more

NIO still moving, up 4% on 100 000 shares traded as of 7:00am. No company specific news. The reason for the uptick is because of Tesla reporting record deliveries for their Model 3 this week. Read more

Dow futures down 32 points, 7:18am

Investor Business Daily said today, ” Friday’s jobs report due out at 8:30 a.m. ET will go a long way toward figuring out if a July 31 Fed rate cut will be a quarter point or 50 basis points”. Read more

“DBV rallies on expectations of peanut allergy submission, Bloomberg reports”. Read more at thefly.com

8:17am Oasmia Pharmaceutical AB up 54% on 86,926 shares traded, but we tried visiting their website to find out why, and we got this message. Very unusual. Here is the news event that is driving the price action. Link

“U.S. job growth seen accelerating, rate cut still expected”, Reuters reports, Read more

“Disappointing German economic data and weak UK productivity are weighing on Europe’s economy”, The Guardian reports

Samsung forecasts profit decline for the 2nd quarter as Huawei blacklist weighs on chip sector, The Street reports

Job numbers in: U.S. adds 224,000 new jobs in June, rebounding from the disappointing numbers reported last month. Read more at marketwatch

 8:41am, Dow futures down 81 points after strong jobs report quells hopes of a rate cut, CNBC reports

10:18am, TYME up 26% on 9.1 million shares traded after reporting “Phase II TYME-88-Panc study evaluating SM-88 (racemetyrosine) as an oral monotherapy in patients with advanced pancreatic cancer continues to demonstrate encouraging results and a well-tolerated safety profile” Read more

10:21am VIX up 11%

Natural gas prices spike, UGAZ up 17% as of 10:40am. Read more

10:46am, Gol Linhas Aéreas Inteligentes S.A. up 15% on 1.1 million shares traded after reporting preliminary traffic figures. Click the image below to read more

11:26am Azul S.A., another Brazilian airline stock, is up 10.6% on 708,713 shares traded. Read more

XBIO spiked 35 %. They recently did a reverse split. Great daily chart pattern too if you take a look below

Courtesy tradingview

Dow down 55.41 points as of 2:29pm, recovering almost 100 points. Read more

2:52pm, The Dow has recovered almost all of its intraday losses, only down 24 points

Stay tuned for updates!

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