Morgan Stanley ($MS) reported fourth quarter earnings and revenues that exceeded analyst estimates, benefiting from a surge in trading activity after the presidential election.
Chinese Internet search provider Baidu ($BIDU) announced the appointment of Qi Lu as Group President and Chief Operating Officer, effective immediately.
Canadian Pacific Railway ($CP) named Keith Creel President and Chief Executive Officer, effective January 31, 2017. Creel will succeed Hunter Harrison, who is retiring.
Tech giant IBM ($IBM) reported fourth quarter earnings and revenues that exceeded analyst estimates, although its revenues fell for the 19th straight quarter.
Consumer products giant Procter & Gamble ($PG) reported second quarter results that exceeded analyst estimates on both the top and bottom lines and raised its forecast for organic sales growth for the full year.
General Electric’s ($GE) fourth quarter adjusted earnings matched expectations, although its revenues for the quarter came in below estimates. The company reaffirmed its guidance for 2017.
$DRYS and $SSH were very active on Tuesday and are my top stocks to watch today. China 3x Bull (YINN) and Small Caps 3x Bull (TNA) are strong buys on all major pullbacks in 2017.
China 3x Bull ETF (YINN) is now soaring back above $17 and is up 17% in 2017. YINN is a strong buy between $13-$14 if we see more downside. I sold in my trading account but will continue to hold shares over the long term.