Dow Jones Industrial Average Hits the Skids Ahead of a Busy Day

3 Hot Earnings to Watch For

May 21, 2015 at 8:33 AM
facebook X logo linkedin

The Dow Jones Industrial Average (DJIA) is poised to continue its retreat from record-high territory, as traders wait to digest a bevy of economic reports slated for release today. Included in the bunch are updates on employment, factory activity, and housing -- all of which come ahead of tomorrow's highly anticipated central bank speech. Additionally, quarterly results from Best Buy Co Inc (NYSE:BBY) and NetApp Inc. (NASDAQ:NTAP) could garner some attention, with each stock poised to make a big post-earnings move.

Continue reading for more on today's market, including:

 And now, on to the numbers…


Futures on the Dow Jones Industrial Average (DJIA) are more than 16 points below fair value.

Market Statistics

The Chicago Board Options Exchange (CBOE) saw 828,220 call contracts traded on Wednesday, compared to 481,436 put contracts. The resultant single-session equity put/call ratio edged down to 0.58, while the 21-day moving average stayed at 0.63.

Volatility Indexes

Market Data


Currencies and Commodities

  • The U.S. dollar index down 0.2% at 95.24.
  • Crude oil is up 1.1% at $59.62 per barrel.
  • Gold is fractionally higher at $1,209 per ounce.

Currencies and Commodities


Earnings and Economic Data

Weekly jobless claims come out today, plus the Philadelphia Fed manufacturing survey and existing home sales. Advance Auto Parts (AAP), Aeropostale (ARO), Aruba Networks (ARUN), BBY, Buckle (BKE), Dollar Tree (DLTR), Gap (GPS), Hewlett-Packard (HPQ), Marvell Technology (MRVL), Ross Stores (ROST), and Trina Solar (TSL) will report earnings. To see what is on tomorrow's agenda, click here.

Overseas Trading

Asian benchmarks settled on both sides of breakeven today, as traders weighed a report that showed factory activity in the mainland contracted for a third consecutive month. In China, hopes for additional stimulus measures helped boost the Shanghai Composite to a 1.9% gain, while Japan's Nikkei closed up 0.03%. South Korea's Kospi, meanwhile, fell 0.8% amid a round of profit-taking, while Hong Kong's Hang Seng dropped 0.2%.

European markets are mostly lower, after Markit's composite flash purchasing managers index for the eurozone came in below expectations. At last check, the German DAX is off 0.4% and the French CAC 40 is down 0.3%. London's FTSE 100, however, is maintaining a 0.06% lead, thanks to a rally in miners.


Unusual Put and Call Activity

Unusual Put Activity

Unusual Call Activity


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