Market 2018-04-16 (Russia, Comey, NFLX, and more)

Market has broad gain today, led by building materials (XLB +1.4%) and the industrials (XLI +1%). Trump tweets accuses China and Russia of currency devaluation, who just cannot zip himself.

Treasury flat, Crude -1.47% to $66.40. Gold +0.08% to $1,349.00. UUP -0.34%.

Short of any triggering event, the president is unlikely to approve of any more sanctions against Russia, reports the Washington Post. That would seemingly contradict U.N. Ambassador Nikki Haley's Sunday comments that a new round of sanctions were imminent.

Former FBI director Comey had his first interview with ABC after his firing. Republicans are fighting against him recklessly. His new book comes to market tomorrow.

Facebook updates with post on logged-out data collection.

Winners

Amazon.com (AMZN +0.7%) has killed a plan to sell and distribute pharmaceuticals through its Amazon Business marketplace, according to CNBC. Walgreens Boots Alliance (WBA +3.7%); CVS (CVS +4.2%); AmeriSourceBergen (ABC +2.2%); Cardinal Health (CAH +3.1%); McKesson (MCK +3.5%).

JBHT +6.2% after reporting Q1 EPS of $1.07 in-line. Revenue of $1.95B (+19.6% Y/Y) beats by $60M. CAT +1.3%, URI +0.7%.

Refiners jump higher as crude price drops: MPC +3.9%, VLO +3.6%, PSX +3%...

COST +3%, marching towards $200 again as it failed ($199.88) in January. KR +1.9%

BAC +0.4% swings from gain to loss, to gain again following ER beats.

Losers

BMY -7.8%, appears to be on the short end of its toe-to-toe data presentation with Merck (MRK +2.6%) in melanoma at the AACR Annual Meeting in Chicago. The news that FDA OKs Bristol-Myers' Opdivo + Yervoy for first-line kidney cancer doesn't help.

Dean Foods (DF -8.8%) trades lower after Goldman Sachs downgrades.

General Electric (GE -1.2%) falls the most among Dow stocks after Goldman Sachs says GE may need to cut its 2018 earnings forecast after the company released its much-anticipated restated financials.

In a reaction to the Commerce Dept. banning sales and exports to Chinese equipment maker ZTE (ZTCOF -13.8%). optical companies are all down big, e.g., ACIA -36%, OCLR -15.2%, LITE -9.1%... 

Earnings in AH

NFLX -1.3% ahead of ER. Shares jump more than 6% in AH after reporting Q1 EPS of $0.64 beats by $0.01. Revenue of $3.7B (+40.2% Y/Y) beats by $10M.

My Trades Today

Sold CI @ $175
Sold 2/3 RUBI @ $2.4

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