Dow Futures are Down 217 Points after Earnings

Several Dow components posted disappointing earnings this morning

Jan 27, 2015 at 8:27 AM
facebook X logo linkedin

The Dow Jones Industrial Average (INDEXDJX:DJI) is sitting deep in the red this morning, as Winter Storm Juno descends on the East Coast. Also, a number of companies reported lackluster earnings and/or guidance this morning -- including Dow components Caterpillar Inc. (NYSE:CAT), Procter & Gamble Co (NYSE:PG), and Pfizer Inc. (NYSE:PFE) -- creating headwinds. Looking ahead, a raft of economic data -- including durable goods orders -- will hit the Street this morning, while Apple Inc. (NASDAQ:AAPL) will lead a number of high-profile companies into the earnings confessional this evening.

And now, on to the numbers...

Dow Jones Industrial Average, S&P and Nasdaq futures

Futures on the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) are roughly 217 points below fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 865,102 call contracts traded on Monday, compared to 568,997 put contracts. The resultant single-session equity put/call ratio edged down to 0.66, while the 21-day moving average remained at 0.66.

NYSE and Nasdaq summary

Volatility indices

Currencies and Commodities

  • The U.S. dollar index has dipped 0.2% at 94.62.
  • Crude oil is off 0.1% at $45.09 per barrel.
  • Gold appears ready to rebound, up 0.1% at $1,281.80 per ounce.
Currencies and commodities

Earnings and Economic Data

Today's packed docket includes durable goods orders, the S&P/Case-Shiller home price index, new home sales, and the consumer confidence index. Additionally, the Federal Open Market Committee (FOMC) will begin its two-day policy setting meeting. 3M (MMM), AT&T (T), CAT, DuPont (DD), PFE, PG, United Technologies (UTX), AAPL, Yahoo (YHOO), AK Steel (AKS), American Airlines (AAL), Amgen (AMGN), Bristol-Myers Squibb (BMY), Coach (COH), Corning (GLW), Electronic Arts (EA), Freeport-McMoRan (FCX), Illumina (ILMN), Juniper Networks (JNPR), Lockheed Martin (LMT), Novartis AG (NVS), Peabody Energy (BTU), U.S. Steel (X), VMware (VMW), and Western Digital (WDC) will step into the earnings spotlight.

Overseas Trading

Asian bourses were split, as traders digested Greece's future in the eurozone and strength in U.S. equities. Japan's Nikkei soared, tacking on 1.7%, helped by a softer yen. Also finishing higher was South Korea's Kospi, which added 0.9%. However, Hong Kong's Hang Seng gave back 0.4%, taking its cue from China's Shanghai Composite -- which dropped 0.9% on news that industrial profits tumbled 8% year-over-year.

Stocks in Europe are pointed lower amid ongoing consternation over Greece's snap election results and a round of disappointing earnings. At midday, London's FTSE 100 is down 0.4% on a worse-than-anticipated gross domestic product (GDP) flash reading. Meanwhile, Germany's DAX and France's CAC 40 are 1.2% and 1.1% lower, respectively.

Overseas markets

Unusual Put and Call Activity:

For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations.

Unusual options activity - puts

Unusual options activity - calls


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI