00:07All right. Futures under pressure ahead of Tuesday's open here. It actually looked like
00:13we tried to bounce earlier here in the pre-market, but we've rolled back over to the overnight and
00:19pre-market lows. S&P futures down 0.53 percent. Dow futures down 0.2 percent. And the Nasdaq
00:26futures down 0.98 percent. So under pressure ahead of our open. Let's go ahead and take a look at
00:33some
00:34cues from last session here. Oops, excuse me. Utilities, real estate, and materials led the
00:41S&P 500 gainers on Friday, while communication services and tech bucked the trend to close lower
00:47as U.S. stocks settled mixed. Weekly losses hit all major indices last week, with the S&P dropping
00:581.4 percent and the Dow slipping 1.2 percent. The Nasdaq recorded a 2.1 percent weekly decline. So
01:06we continue to see some of the exodus out of the big cap tech leaders. We've been watching that for
01:12while. We got more of that last week. We'll see if that continues here this week. Meanwhile,
01:18congressional Democrats and the Trump administration failed to agree on a funding deal through September.
01:23It triggered a partial government shutdown that commenced on Saturday. In the reports I was seeing
01:29this morning, something like only three percent of the government is closed. I would say as far as
01:35trading goes here today, this is much ado about nothing unless something else happens. And we'll see how it
01:41shakes out. Investors will be looking out for earnings releases from Walmart, DoorDash, and Molson Coors
01:47throughout the week. In fact, really quickly here, here's a look at the earnings scheduled for this
01:55week. Most notably, tonight is going to be Palo Alto, but several other big reports coming this week,
02:02and we'll follow that as it continues. The 10-year Treasury bond yielded 4.02 percent, and the two-year
02:09bond was at 3.39 percent. The CME Group's Fed watch tool projections show that the market is pricing in
02:15a 90.2 percent likelihood that the Federal Reserve holds interest rates unchanged at the March meeting.
02:21This is all what we expect. I know that that percentage has oscillated a little bit, but we're
02:26back in the 90th percentile, and we all kind of think that that's just going to hold steady there.
02:31We have several stocks in focus here for you today. Let me find my mouse. Ocular Therapeutics is going to
02:38be the first one. The ticker on this is OCUL. It soared 33.56 percent as it was set to
02:46announce
02:47top-line data for the Sol 1 Phase 3 superiority trial in wet AMD on Tuesday. Now, interestingly enough,
02:57this stock did soar up to 13.34. It actually closed at 8.88, traded up to 13.34, but
03:06in the pre-market
03:07today, we have a massive reversal. Gigantic sell-off on volume here actually hit a low of 5.10,
03:16currently sitting at 6.93, so it is about two points lower than Friday's close. The stock's
03:22already had kind of a wild morning, and we're expecting more of that in the regular session.
03:28The next stock on our list here today is going to be Sunoco Products, and the ticker on this one
03:33is
03:33SON. It gained 2.38 percent after posting upbeat results for the fourth quarter. The company reported
03:41quarterly earnings of 105 per share, which beat the analyst's consensus estimate of $1 per share.
03:49It also sees full-year 26 adjusted EPS of 580 to 620. That was against the 596 estimate, so
03:56that estimate pretty much in line for the full-year guide on ticker SON. The next stock on our list
04:04is
04:04going to be Massimo. The ticker on this one is M-A-S-I. It jumped 33.85 percent after
04:12the life
04:12sciences firm Dan here is closing in on a nearly $10 billion deal to acquire Pulse Oximeter Market
04:20Massimo. That is per the Financial Times. The next stock on our list is going to be Toll Brothers.
04:27This is one of the home builders that we've been looking at quite a bit to try to get an
04:31idea of
04:32what the housing market is doing and what its next move might be. Toll, ticker T-O-L, was 0
04:38.07 percent
04:39lower as analysts expected to report earnings of $211 per share on revenue of $1.85 billion after the
04:45closing bell. Also, keep in mind, especially with the builders and any real estate company that reports
04:51here in February and March, remember that it is this spring quarter or these spring months that's
04:58generally the best time for home buying. And these earnings reports, it'll be interesting to see how
05:04they guide and what they say about that upcoming season here. Home buying, of course, not been the
05:09best area to be in. The next stock and last one on our list here today is an oldie but
05:15a goodie. This
05:15is Zim Integrated Shipping Services. The ticker on this one is ZIM. It surged 34.46 percent after
05:23the company agreed to be acquired by Hapag Lloyd for $35 per share in cash at an aggregate cash
05:30consideration of approximately $4.2 billion.
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