Amgen ($AMGN) reported fourth quarter results that exceeded analyst estimates, although the biotechnology company forecast weaker than expected 2017 results.
However, shares of Newell Brands ($NWL) may move to the downside after the household products maker reported fourth quarter earnings that matched expectations but on weaker than expected revenues.
Mondelez ($MDLZ) reported fourth quarter results that came in below expectations on both the top and bottom lines, with the snack maker citing a number of short-term issues.
Humana ($HUM) reported better than expected fourth quarter adjusted earnings but on weaker than expected revenues. The insurer also delayed the release of its 2017 guidance.
Expedia ($EXPE) reported fourth quarter earnings that came in below analyst estimates, although the travel website operator reported better than expected revenues.
Video game publisher Activision Blizzard ($ATVI) is also likely to see early strength after reporting fourth quarter earnings and revenues that came in above analyst estimates.
Small Cap Bull 3x ($TNA) surged back near $110 and hit an all time high Monday. TNA is a strong buy on all major pullbacks in 2017, especially into the $65-$72 range.