S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
Market Update

GE to Merge Engine Unit with Wabtec, Fifth Third Buys MB Financial
May 21, 1:21 PM EDT 
Blackstone agreed to acquire LaSalle Hotel $4.8 billion. Fifth Third Bancorp agreed to buy MB Financial in $4.7 billion. GE will merge its transportation business with Wabtec for $11 billion. Micron Technology lifted third-quarter revenues and profit forecast.
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British Air Parent Pursues Norwegian Shuttle, Ryanair Lowers Profit Estimate
May 21, 10:54 AM EDT 
EDF is reported to be in talks to sell its 49% stake in the U.K.-based wind farms business. The U.K. competition regulator plans to investigate the proposed merger of two retailers Sainsbury and Asda. Ryanair warned fiscal 2019 profit is likely to be affected by higher energy prices.
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STOCK MOVERS

U.S. Movers: Blackstone, GE, Fifth Third Bancorp, NextEra, Micron Technology
May 21, 1:23 PM EDT 
Blackstone agreed to acquire LaSalle Hotel $4.8 billion. Fifth Third Bancorp agreed to buy MB Financial i...
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U.S. Movers: Campbell Soup, Deere & Co, Flowers Foods, Jack in the Box
May 18, 12:36 PM EDT 
Campbell tumbled on weak outlook. Deere & Co profit jumped. Flowers Foods net declined but reaffirmed fis...
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U.S. Movers: Cisco, Children's Place, Dillard's, JC Penney, Teekay, Walmart
May 17, 12:39 PM EDT 
Cisco reported better-than-expected results. Children''s Place declined after profit plunged. Dillard''s ...
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U.S. Movers: Canadian Solar, GTx, Macy's, ObsEva
May 16, 12:22 PM EDT 
Canadian Solar net plunged 29% but revenues soared 28%. GTx net loss widened. Macy''s surged after sales ...
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U.S. Movers: Eagle Materials, Goodrich Petroleum, Home Depot
U.S. Movers: Omeros, Thomson Reuters, TiVo Corp, WideOpenWest, Xerox
U.S. Movers: Omeros, Thomson Reuters, TiVo Corp, WideOpenWest
U.S. Movers: AMC Networks, Duke Energy, Enbridge, JetBlue Airways, Revlon
U.S. Movers: AB InBev, Cable One, Coty, Office Depot, SINA, Wolverine
U.S. Movers: Aramark, Dean Foods, Discovery, DISH Network, Valeant Pharma
Mutual funds Q&A

Macro Guidance, Micro Focus
North Star Opportunity Fund
Eric Kuby, Brad Cohen
“The primary objective has always been long-term capital appreciation. We achieve this goal through a con...

Riding Trend Drivers and Enablers
Plumb Balanced Fund
Thomas Plumb
“We rely on growth stocks to generate our incremental return and we focus on companies with unlimited ups...

Collaring Equity Market Volatility
Calamos Hedged Equity Income Fund
Eli Pars
“This strategy is a great tool to take some risk off the table while staying in the equity market, or to ...
MANAGEMENT TALK Q&A

Defined in Holdings and Time Periods
Rich Stewart
What we say in the UIT industry is that you know what you own because there’s transparency; you know exac...

Stratified Returns
It’s a simple methodology and what it does is it basically selects the top scoring 75% of the market and ...

Evolving the Alternative Landscape
Dick Pfister
We provide access and we monitor alternative investment managers. This provides comfort to the investment...
North Star Opportunity Fund
Eric Kuby, Brad Cohen
“The primary objective has always been long-term capital appreciation. We achieve this goal through a concentrated portfolio of all cap common stocks and an allocation to fixed-income securities.”
Plumb Balanced Fund
Thomas Plumb
“We rely on growth stocks to generate our incremental return and we focus on companies with unlimited upside. Our approach is identifying a big trend and then looking at who will benefit from it and enable it.”
Calamos Hedged Equity Income Fund
Eli Pars
“This strategy is a great tool to take some risk off the table while staying in the equity market, or to increase equity exposure in a risk-managed way.”
Crossmark Steward Covered Call Income Fund
Paul Townsen
“A covered call mutual fund mitigates the volatility events from a risk standpoint. With this type of strategy, you need a full market cycle to get its inherent benefits.”
Tributary Balanced Fund
Kurt Spieler
“The objective of the fund is to provide capital appreciation and income through tactical asset allocation and security selection. A unique feature of the fund is that we invest with both absolute and relative return objectives.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Jobless Claims 2018-05-17 8:30 AM
Housing Starts 2018-05-16 8:30 AM
Industrial Production 2018-05-16 10:00 AM
EIA Petroleum Status Report 2018-05-16 10:30 AM
Retail Sales 2018-05-15 8:30 AM
Business Inventories 2018-05-15 10:00 AM
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc