Monday, February 2, 2015

February 2 Outlook: $NFLX $DECK $BLUE $USO

NFLX  announced a $1b senior debt offering. The stock is trading slightly lower on light volume at 440 after closing at 441.80 on Friday.

DECK is trading up 2.4% at 67.50 after closing at 66.05 on Friday. The company was upgraded by Goldman to buy from neutral and given a $90 PT. I'm guessing the Brady superbowl win may have had something to do with that...

USO is popping 4% to 18.57 as Oil futures trade higher in the pre-market. The ETF had opened at 16.70 on Friday and closed at 17.80 as oil futures ripped on Friday afternoon.

BLUE closed at 92.91 on Friday and popped to a high of about 105 in the pre-market on light volume on news that it receives "breakthrough therapy designation" from the FDA for one of its drugs. The stock is currently trading near the pre-mkt lows at 98.70.

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