10 things to know before the opening bell (SPY, SPX, QQQ, DIA, TSLA, AMZN, FB)



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Robotic serversReuters / Issei Kato

Here's what you need to know.

  1. Cyber ​​Monday 2018 should be the biggest online shopping day in US history. Sales are expected to reach $ 7.8 billion, up 18 percent from a year ago, according to Adobe Analytics.
  2. Amazon is gaining ground. The e-commerce giant's shares rose 2.6% to 1541 USD each before Monday's opening bell. They are down more than 26% from their peak in September.
  3. Elon Musk said Tesla was close to death during his "production hell" of Model 3. Musk told Axios, in an interview on Sunday at HBO, that the site "News was bleeding like crazy" and that the liquidity losses reached such a point that the company was "dead to a few figures".
  4. Facebook has a week of blues coming. According to The Observer, UK lawmakers are leaning toward caching documents that could reveal how Facebook's privacy policy has allowed Cambridge Analytica to access data from 87 million users.
  5. The stock market has terrifying parallels to the tech bubble. The ratio Popular / Panned, which focuses on the performance of technological stocks (the popular group) versus public services (the protected area), is a striking reflection of the calculation that led to the crash of the Internet bubble.
  6. Bitcoin is less than $ 4,000. The largest cryptocurrency by market value reached a low of $ 3,675 on Monday, its lowest since September 2017.
  7. Ohio is becoming the first state to accept bitcoin as a tax. Ohio companies will be able to pay 23 types of taxes with Bitcoin, including sales taxes and withholding taxes, according to a report released Sunday by The Wall Street Journal.
  8. The fierce British politicians are not united enough to torpedo Theresa May's agreement with Brexit. Adrian Paul, a European economist from Goldman Sachs, said that an "uncomfortable alliance" of deputies opposed to the EU's exit agreement concluded by the United Kingdom Kingdom will eventually ratify it, possibly by a second vote.
  9. Stock markets around the world are higher. Hong Kong's Hang Seng (+ 1.73%) led the gains in Asia, while Germany's DAX (+ 1.17%) led Europe. The S & P 500 should post an increase of 1.08% to 2661.
  10. US economic data is flowing. The manufacturing of the Dallas Fed cross cables at 10:30 ET. The 10-year US yield is up 2 basis points to 3.06%.

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