Schaeffer's Options Center
Sponsored by:
Schaeffer's Daily Option Blog

by 12/14/1999 4:12 PM
Stocks quoted in this article:
After today's closing bell, Oracle (ORCL - 76-15/16) reported second-quarter earnings of 26 cents per share, topping Street earnings expectations of 22 cents per share. Despite this positive fundamental news, the stock closed today's trading below its 10-day moving average for the first time since December 1. For the day, ORCL was down 2-15/16, or 3.68 percent. In after-hours action, though, the equity has moved ahead to hit 79-3/4.<
permalink

by 12/14/1999 3:53 PM
Stocks quoted in this article:
The two worst performers in the S&P 100 Index (OEX - 757.81) are both semiconductor stocks. This unenviable distinction belongs to National Semiconductor (NSM - 41-7/8) and Texas Instruments (TXN - 96-3/8), both off over nine percent on the day. Not surprisingly, the PHLX Semiconductor Index (SOX - 590.0) is currently today's worst performing index, down almost seven percent. <
permalink

by 12/14/1999 3:45 PM
Stocks quoted in this article:
The sectors that are rallying today are indicative of fear from a strong economy. The PHLX Forest and Paper Products Index (FPP - 353.49) , the S&P Chemicals Index (CEX - 474.15), and the PHLX Oil Service Sector Index (OSX - 71.99) are the leading indices with returns of 5.4 percent, 2.8 percent, and 2.4 percent, respectively. It should be noted that each of today's leaders has been generally poor performers in the last few months. Brining up the back of the pack are the technology names with the PHLX Semiconductor Index (SOX - 594.9), the AMEX Disk Drive Index (DDX - 91.68), and the PHLX Gold and Silver Index (XAU - 62.87) which are -5.7 percent, -4.3 percent and -3.2 percent, respectively. Oddly, the XAU cannot find friends, even as the specter of inflation looms.
permalink

by 12/14/1999 3:23 PM
Stocks quoted in this article:
One of the strongest performers among indices today is the S&P Chemicals Index (CEX - 474.25), which is up almost three percent. The CEX is trading at its highest level in nearly a month, due in large part to the performance of DuPont (DD - 65), the heaviest-weighted CEX member, which is up over five percent. Other CEX members doing well today include: FMC Corp. (FMC - 51-7/8), up over nine percent, Hercules Corp. (HPC - 24-1/4), up over six percent, and Rohm and Haas (ROH - 39-1/4), also up over six percent. Today's rally has moved the CEX above its downtrending 20-week moving average for the first time since late August.
permalink

by 12/14/1999 3:01 PM
Stocks quoted in this article:
This afternoon, Sprint PCS Group (PCS - 111-13/16) declared a two-for-one stock split for shareholders of record on January 14. The stock split will take place on February 4. In response to this news, the equity has recorded an all-time intraday high for the fifth straight session. Since it hit a short-term intraday low on December 1, PCS has stepped up by over 26 percent, using solid support from its upsloping five-day moving average.<
permalink

Featured Brokers
Unusual Option Volume
ADVERTISEMENT
Option Flow
Most Active Stocks
Most Active Option Strikes
Largest Open Interest

Partner Center

© 2013 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242 Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: service@sir-inc.com

All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.

Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.