Pre-market outlook

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares are trading higher by $5 at $98.77 in Monday's session. A dire warning from Citron's Andrew Left along with a Jefferies downgrade has not instigated another leg lower in the volatile issue. Instead, it managed to trek higher, and after a brief...

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares are trading lower by $15 at $625.23 in Monday's session. The closure of all its restaurants in Seattle and Portland due to a reported E. coli outbreak is the catalyst for the decline. This is the third outbreak reported at the once popular chain...

Apple Inc. (NASDAQ: AAPL) shares are trading higher by $1.05 at $120.32 in Thursday's session. The issue is following through on its better-than-expected Q4 report from Wednesday that fueled nearly a $5 rally ($114.55-$119.27). It is now trading at its highest level since bottoming during the Flash...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Netflix, Inc. (NASDAQ: NFLX) shares are trading lower by $2.54 to $678.65 in Wednesday's session. Earlier in the day, the stock rallied to a new all-time high at $706.24. The sudden burst over $700 was...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Apple Inc. (NASDAQ: AAPL) shares were trading higher by $2.12 (1.7 percent) at $129.15 in Wednesday's session. The issue has been rallying since the opening bell and received boost shortly after...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Darden Restaurants, Inc. (NYSE: DRI) shares were trading higher by $0.45 at $69.83 in Tuesday's session. In pre-market trading, the issue spiked to $74.90 after posting a strong Q4 EPS of $1.08 vs. $0.93...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. BlackBerry Ltd (NASDAQ: BBRY) shares were trading lower by $0.22 (3 percent) at $8.98 in Tuesday's session. It has been a wild ride for the issue, as it skyrocketed over $10, reaching $10.20 in...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Ambarella Inc (NASDAQ: AMBA) shares are trading lower by $8.30 at $118.40. Of note, this occured after the stock traded to a new all-time high of $127.12 earlier in the session. It's possible the reason...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Best Buy Co Inc (NYSE: BBY) shares were trading higher by $0.87 (2.8 percent) at $34.88 in Thursday's session. With no specific news out on the issue, let's examine the technicals to analyze today's...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Gold futures were trading sharply higher by $25.20 at $1202 in Thursday's session. The inaction by the Fed to raise rates has convinced investors that the Fed is not taking the proper steps to fend off...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Bob Evans Farms Inc (NASDAQ: BOBE) shares are trading higher by $1.47 at $47.57 in Friday's session. Before the open, the company announced it will pursue a strategic transaction that will be...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Restoration Hardware Holdings Inc (NYSE: RH) shares are trading higher by $1.89 at $96.72 in Friday's session. The catalyst for the rally is a Q1 beat for EPS ($0.23 vs Est. $0.20) and for...

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures are trading lower by seventeen points at 2084.50 in Friday's session. The weakness in the after hours and premarket session has spilled over into the regular session. So far...