S&P 500, Nasdaq Cling to Win Streaks

Positive corporate earnings reports are boosting sentiment

Deputy Editor
Nov 9, 2023 at 12:07 PM
facebook X logo linkedin

The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are just above breakeven this afternoon, the former looking to extend its wining streak to nine and the latter to 10, amid a swath of positive corporate earnings. Elsewhere, the Dow Jones Industrial Average (DJI) is inching lower this afternoon, while the Cboe Volatility Index (VIX) is on track to snap its longest losing streak since October 2015.

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

  • What's weighing on this ridesharing stock today.
  • Behind the tentative SAG-AFTRA deal.
  • Plus, bulls blast MARA; Affirm stock's surge; and INSE's plunge.

Midday Market Stats November 92023

Call traders are hammering Marathon Digital Holdings Inc (NASDAQ:MARA) this afternoon, after shares of the digital asset technology firm soared following a 670% year-over-year revenue gain for the third quarter. Last seen up 16.8% at $9.99, total options volume is now running at four times the intraday average amount, with 315,000 calls and 70,000 puts exchanged so far. New positions are opening at the top four most popular contracts, all of which are in the weekly 11/10 series, led by the 10.50-strike call.

MARA MMC Chart November 92023

Affirm Holdings Inc (NASDAQ:AFRM) stock is one the Nasdaq's best performing equities today, up 23.% at $26.95 at last check, earlier touching a fresh annual high of $27.15. This rise comes after the buy-now-pay-later (BNPL) company reported better-than-expected fiscal first-quarter earnings and revenue. What's more, Affirm bested fiscal second-quarter revenue forecast predictions, and now the stock is up more than 175% in 2023.

Inspired Entertainment Inc (NASDAQ:INSE) is one of the worst stocks on the Nasdaq, after the company delayed the release of its quarterly results. Last seen down 24.3% at $7.87, INSE is now 50% lower over the last nine months.


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