Dow Up More Than 550 Points as Wall Street Rallies

The VIX is sitting near its lowest level since September

Deputy Editor
Nov 14, 2023 at 12:20 PM
facebook X logo linkedin

Wall Street is tearing higher today, the Dow Jones Industrial Average (DJI) up more than 559 points and pacing for its third-straight win following a better-than-expected inflation reading. Meanwhile, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also significantly higher midday, while the Cboe Volatility Index (VIX) tumbles to its lowest level since mid-September.

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

Midday Market Stats November 142023

Options traders are responding to third-quarter figures from Fisker Inc (NYSE:FSR). At the session's halfway point, more than 43,000 calls and 28,000 puts have exchanged hands, or four times the average intraday volume. Most popular is the November 3.50 call, followed by the weekly 11/24 4-strike call where new positions are being opened. Fisker stock touched an all-time low today, after the electric vehicle (EV) startup earned multiple price-target cuts following third-quarter losses and that missed analysts expectations by a wide margin. The company also cut its production forecast. Year over year, FSR is down 62.1%.

FSR MMC Chart November 142023

Paysafe Ltd (NYSE:PSFE) stock is today's best performer on the New York Stock Exchange (NYSE) so far, despite the fintech company posting a third-quarter loss. PSFE is brushing off a revenue miss, too, and was last seen up nearly 18% at $12.59. Still, Paysafe stock is down 6.1% year to date.

Near the bottom of the NYSE this afternoon is Sea Ltd (NYSE:SE), last seen down 17.1% at $38.18. The software firm reported adjusted losses of 26 cents per share for the third quarter, much lower than Wall Street's expectations of a 3 cent per share gain. The equity was already struggling this year, and just crossed below its year-over-year breakeven mark.


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