It seems like a risk-on trade is back in this market, says Joe Mazzola, Director, Trader Education, Charles Schwab. He discusses the big picture including crude oil and upcoming economic data. Nielsen (NLSN) is expected to be bought by a private-equity group for $16B cash. Joe discusses the deal. McCormick (MKC) reported earnings before market open. They beat on EPS and earnings. Joe analyzes the numbers. Fortinet (FTNT) was upgraded to overweight from equal weight by Barclays with a price target increase. Joe discusses the cybersecurity sector. Lastly, he delves in Block (SQ) after Mizuho raised its price target to $215 from $190. Tune in for the full discussion.
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