Pre-Markets Signaling a Strong Open for Stocks

in markets •  6 years ago 

Pre-Markets are signaling a .5% open tomorrow morning.

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There is seemingly very little positive news to justify a strong opening like this to start off Q2. Painting the tape maybe a little are we?

Kellogg is reportedly nearing a deal to sell Keebler and Famous Amos to Nutella owner Ferrero. I've never really understood the world of M&A. Aquisitions yes...but why sell off such a storried brand such as Keebler...those Elves have got to be nervous right about now...

Gold and the rest of the PMs are little impressed.

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@matthewwarn

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