Cisco Earnings Reaction Pressures Stocks

Dillard's stock is on fire after earnings

Nov 14, 2019 at 11:53 AM
facebook X logo linkedin


The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are trading lower today, retreating from Wednesday's record-high closes. Growing concerns surrounding U.S.-China trade negotiations, as well as a negative earnings reaction for Cisco Systems (CSCO) stock, is creating headwinds, though losses are modest on Walmart's (WMT) post-earnings pop -- with the mega-retailer's third-quarter results drawing a congratulatory tweet from President Donald Trump.

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

  • Behind one tech stock's breakout session.
  • The Mustang buzz fueling upside for Ford stock.
  • Plus, bulls blitz surging penny stock; Dillard's booms on same-store sales; and a spiraling coal stock.

midday market stats nov 14

FuelCell Energy Inc (NASDAQ:FCEL) is seeing unusual options volume today, with nearly 12,000 contracts exchanged -- 14 times what's typically seen at this point, and pacing in the 100th annual percentile. The November 1 call is most active, and it's possible new positions are being purchased here. At last check, FCEL stock was up 7.7% at $0.87, and has now nearly doubled since the fuel cell specialist said it would resume earnings calls and will give a strategy update early next year.

Dillard's, Inc. (NYSE:DDS) is near the top of the S&P 500 today, after the department store chain reported better-than-anticipated third-quarter same-store sales. At last check, DDS stock is up 13.6% at $77.03 -- bouncing sharply off its 200-day moving average, and approaching its July 22 annual high of $86.50.

dds stock daily price chart on nov 14

Contura Energy Inc (NYSE:CTRA) is one of the worst S&P stocks at midday, down 42.8% at $10.45, fresh off a record low of $10.14. The coal supplier swung to a loss in the third quarter, slashed its full-year coal shipment guidance, and suspended future repurchase activities.

 

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 C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI