(2/16) Tuesday’s Pre-Market Stock Movers & News
#Good Tuesday morning traders and investors of the r/StockMarket sub! Welcome to the new trading week! Here are your pre-market stock movers & news on this Tuesday, February 16th, 2021-
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# [5 things to know before the stock market opens Tuesday](https://www.cnbc.com/2021/02/16/5-things-to-know-before-the-stock-market-opens-february-16-2021.html)
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> # 1. Dow, S&P 500, Nasdaq set to add to record highs
> * U.S. stock futures rose Tuesday, adding to Friday’s record closes for the Dow Jones Industrial Average, S&P 500 and Nasdaq. The U.S. stock market was closed Monday for Presidents Day. All three stock benchmarks finished higher last week, in a continuation of February’s strength. For the year, as of Friday’s close, the Dow, S&P 500 and Nasdaq were up nearly 2.8%, 4.8% and 9.4%, respectively.
> * The 30-year Treasury yield held above 2% early Tuesday as investors watched for progress on President Joe Biden’s proposed $1.9 trillion Covid stimulus package on Capitol Hill and the push for wider distribution of coronavirus vaccines across the U.S. The 10-year Treasury yield rose to more than 1.26%.
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> # 2. Bitcoin hit a new high over $50,000
> * Bitcoin reached a new record high Tuesday, going over $50,000 per unit for the first time ever, before paring some of those gains. Major firms announced support for digital currencies last week, starting with Tesla revealing it bought $1.5 billion worth of bitcoin. Mastercard said Thursday it would support certain cryptocurrencies later this year, while BNY Mellon announced the following day it would open up its custody services to digital assets. Bitcoin more than quadrupled in 2020 and it’s up over 60% since the start of this year.
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> # 3. Deep freeze in Texas causes massive energy crunch
> * More than 3.8 million households in Texas are in the dark Tuesday morning, as record low temperatures boosted demand for power for heat that pushed the state’s electric grid to its limits. Rolling blackouts, typically seen on 100-degree summer days, were imposed in Texas. The scarcity of power was so great that spot prices of wholesale electricity on the Texas power grid spiked more than 10,000% on Monday. U.S. oil prices also climbed to a pandemic-high above $60 per barrel. The frigid weather was part of a massive winter blast that brought snow, sleet and freezing rain to the southern Plains, across parts of the Ohio Valley and the Northeast.
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> # 4. Congress to establish a Capitol riot commission
> * House Speaker Nancy Pelosi said Monday that Congress will establish an independent, 9/11-style commission to look into last month’s deadly insurrection at the U.S. Capitol. Investigations into the riot were already planned, with Senate hearings scheduled later this month in the Rules Committee.
> * House impeachment prosecutors who argued for Donald Trump’s conviction of inciting the attack said Sunday that they proved their case. Democrats also railed against Senate GOP leader Mitch McConnell and other Republicans, saying they were “trying to have it both ways” in finding the former president not guilty while criticizing him.
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> # 5. Biden to make first official domestic trips
> * Trying to move beyond Trump’s acquittal in last week’s impeachment trial, Biden plans to keep up a busy schedule focused on the coronavirus in the coming week. Biden is set to make his first official domestic trips of his presidency, starting with a CNN town hall in Wisconsin on Tuesday to talk to Americans impacted by the pandemic. Biden on Thursday then visits a Pfizer Covid vaccine facility in Michigan as the drugmaker’s two-shot regime and Moderna’s start making more inroads into pharmacies around the nation.
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#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://finviz.com/futures.ashx)**)
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#LAST WEEK’S MARKET MAP:
######(**[CLICK HERE FOR LAST WEEK’S MARKET MAP!](https://i.imgur.com/DBRFnXS.png)**)
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#TODAY’S MARKET MAP:
######(**[CLICK HERE FOR TODAY’S MARKET MAP!](https://finviz.com/map.ashx)**)
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#LAST WEEK’S S&P SECTORS:
######(**[CLICK HERE FOR LAST WEEK’S S&P SECTORS CHART!](https://i.imgur.com/htGjHLM.png)**)
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#TODAY’S S&P SECTORS:
######(**[CLICK HERE FOR TODAY’S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)
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#TODAY’S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY’S ECONOMIC CALENDAR!](https://i.imgur.com/I52tgfD.png)**)
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#THIS WEEK’S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK’S ECONOMIC CALENDAR!](https://i.imgur.com/wWv2RIG.png)**)
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#THIS WEEK’S UPCOMING IPO’S:
######(**[CLICK HERE FOR THIS WEEK’S UPCOMING IPO’S!](https://i.imgur.com/1jwcLAI.png)**)
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#THIS WEEK’S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK’S EARNINGS CALENDAR!](https://i.imgur.com/03Kxnx1.png)**)
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#THIS MORNING’S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS CALENDAR!](https://i.imgur.com/JRy8Aaj.jpg)**)
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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS RELEASES!](https://i.imgur.com/u51j1Cc.png)**)
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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON’S EARNINGS RELEASES!](https://i.imgur.com/htlixKJ.png)**)
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#FRIDAY’S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/MUQx3xY.png)**)
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/60KQa22.png)**)
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.imgur.com/LBj1NDa.png)**)
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#FRIDAY’S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR FRIDAY’S INSIDER TRADING FILINGS!](https://i.imgur.com/UnHxfVT.png)**)
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#TODAY’S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY’S DIVIDEND CALENDAR!](https://i.imgur.com/U1NwZNN.png)**)
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#THIS MORNING’S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:
* PLTR
* SOS
* NNDM
* RIOT
* PDAC
* EBON
* GLBS
* GTHX
* PSTH
* CVS
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#THIS MORNING’S STOCK NEWS MOVERS:
######(**source: [cnbc.com](https://www.cnbc.com/2021/02/16/stocks-making-the-biggest-moves-in-the-premarket-palantir-microstrategy-corelogic-more.html)**)
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> **Palantir Technologies (PLTR)** – The business analytics company’s stock sank 6.2% in the premarket after reporting a quarterly loss, although revenue did top Street estimates on a jump in new contracts.
> #**STOCK SYMBOL:** PLTR
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PLTR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/PLTR)**)
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> **AutoNation (AN)** – The auto retailer beat estimates by 42 cents a share, with quarterly profit of $2.43 per share. Revenue also came in above estimates as demand remains high amid tight inventories. AutoNation announced the addition of $1 billion to its share repurchase program, and its shares are up 1.9% in premarket trading.
> #**STOCK SYMBOL:** AN
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=AN&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/AN)**)
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> **MicroStrategy (MSTR)** – The business analytics company continues to benefit from its substantial investment in bitcoin, which is now near the $50,000 mark. Its shares jumped another 5% in the premarket.
> #**STOCK SYMBOL:** MSTR
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=MSTR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/MSTR)**)
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> **Constellation Brands (STZ)** – Beer brewer AB InBev (BUD) is suing Constellation over its use of the Corona brand name for its hard seltzer. AB InBev contends that a 2013 deal between the two involving the brand name did not allow Constellation to use it for products other than beer. Shares of AB InBev are up 3% in premarket trading.
> #**STOCK SYMBOL:** STZ
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=STZ&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/STZ)**)
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> **CoreLogic (CLGX)** – CoStar Group (CSGP) submitted a new bid to acquire rival real estate data provider CoreLogic worth $95.76 per share in stock, following CoreLogic’s Feb. 4 agreement to be acquired by private-equity firms Stone Capital and Insight Partners for $80 per share in cash. CoStar made its new bid in a letter to the CoreLogic board, saying that it was stunned to hear that CoreLogic had accepted that deal over its prior bid of $86.30 per share in stock. CoreLogic rose 5.5% in premarket trading, while CoStar is down 3.4%.
> #**STOCK SYMBOL:** CLGX
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CLGX&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CLGX)**)
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> **Southwest Airlines (LUV)** – The airline said it continues to experience a significant year-over-year impact on passenger demand due to Covid-19, although it said it does expect an improvement from February to March. Southwest shares climbed 2.2% in the premarket.
> #**STOCK SYMBOL:** LUV
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=LUV&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/LUV)**)
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> **CVS Health (CVS)** – CVS reported quarterly earnings of $1.30 per share, 6 cents a share above estimates. Revenue also topped Wall Street forecasts, helped in part by Covid-19 testing and vaccinations at its pharmacies. Its shares rose 2.4% in premarket trading.
> #**STOCK SYMBOL:** CVS
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CVS&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CVS)**)
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> **Progressive (PGR)** – The insurer struck a deal to acquire Protective Insurance (PTVCB) for $23.30 per share in cash, compared to Protective’s Friday close of $15.01 per share. Protective shares spiked by about 47% in premarket trading.
> #**STOCK SYMBOL:** PGR
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PGR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/PGR)**)
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> **Apple (AAPL)** – Automaker Nissan said it is not in talks with Apple about a possible autonomous vehicle joint venture. A report in the Financial Times had said the two companies briefly discussed the matter, but those talks faltered.
> #**STOCK SYMBOL:** AAPL
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=AAPL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/AAPL)**)
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> **Facebook (FB)** – Facebook is designing a smartwatch that would have messaging features as well as provide health and fitness information, according to technology website The Information, quoting people familiar with the matter. Sales of the device would start next year, according to the report.
> #**STOCK SYMBOL:** FB
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=FB&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/FB)**)
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> **Nvidia (NVDA)** – The Federal Trade Commission has opened an investigation into the graphics chipmaker’s deal to buy U.K.-based chip designer Arm Holdings for as much as $40 billion. The deal had reportedly been the subject of protests to regulators by Alphabet (GOOGL), Qualcomm (QCOM) and Microsoft (MSFT). Nonetheless, Nvidia shares rose 1.2% in premarket action.
> #**STOCK SYMBOL:** NVDA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=NVDA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/NVDA)**)
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> **Bristol-Myers Squibb (BMY)** – Bristol and French partner Sanofi (SNY) will pay more than $834 million to Hawaii in a case involving the blood-thinning drug Plavix. The state had accused the drugmakers of failing to warn non-white patients of the risks associated with the drug. Bristol and Sanofi said the ruling was not consistent with the evidence and vowed to appeal.
> #**STOCK SYMBOL:** BMY
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BMY&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/BMY)**)
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> **Toyota Motor (TM)** – The automaker will suspend production at nine factories in Japan following an earthquake that struck Japan’s northeast region last week. Toyota did not specify the impact on production. Its shares are down 1.1 % in premarket trading.
> #**STOCK SYMBOL:** TM
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TM&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TM)**)
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> **Cintas (CTAS)** – The provider of uniforms and building services gave a better-than-expected current-quarter earnings outlook, saying it now has a clearer picture of the impact of Covid-19 on its business and that its balance sheet remains solid.
> #**STOCK SYMBOL:** CTAS
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CTAS&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CTAS)**)
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#**DISCUSS!**
What’s on everyone’s radar for today’s trading day ahead here at r/StockMarket?
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# **I hope you all have an excellent trading day ahead today on this Tuesday, February 16th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/ll3tb8/216_tuesdays_premarket_stock_movers_news/