Cisco Earnings Reaction Pressures Stocks

Dillard's stock is on fire after earnings

Nov 14, 2019 at 11:53 AM
facebook twitter 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.


Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 


300x250 - Banner 3 - v1