The shares of Bristol-Myers Squibb Co (NYSE:BMY) are down 1.7% at $57.73 at last check. And while the pharmaceutical name carries a 10% year-to-date deficit, investors should not turn their backs on BMY just yet. That is because the stock's recent pullback has it near a historically bullish trendline, which could push the security higher in the near future. 

More specifically, BMY just came within one standard deviation of its 320-day moving average, after spending months above this trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, three similar signals have occurred during the past three years. Without fail, the security enjoyed positive returns one month after each signal, averaging a 8.1% gain. From its current perch, a move of similar magnitude would put BMY above the $62 mark -- close to its October peak.

An unwinding of pessimism in the options pits could create additional tailwinds for the security. This is per the stock's Schaeffer's put/call open interest ratio (SOIR), which stands higher 81% of readings from the past year. In other words, short-term option traders have rarely been more put-biased.

Now seems like the right time to weigh in of BMY options. The security's Schaeffer's Volatility Index (SVI) of 34%, which sits in the low 24th percentile of all other annual readings, meaning the stock sports attractively priced premiums at the moment.

Software giant Zscaler Inc (NASDAQ:ZS) has far from struggled over the long term. From a technical view, the equity boasts a 214% year-to-date lead, and is now trading at more than nine times its initial public offering (IPO) price of $16. However, the shares have recently pulled back, making now an opportune time to buy calls.

Meanwhile, shorts look to be in covering mode on the equity. Specifically, short interest fell 4.5% during the last two reporting periods, and now accounts for more than 10% of the stock’s total available float. Even further, there looks to be room for upgrades, with seven covering brokerages firms sporting a tepid "hold."

Turning toward options, this bearish sentiment is echoed. This is per ZS’ Schaeffer's put/call open interest ratio (SOIR) of 1.09, which stands higher 64% of readings from the past year. In other words, short-term option traders have rarely been more put-biased.

Lastly, now looks like an affordable time bet on Zscaler stock with options. This is per the stock's Schaeffer's Volatility Index (SVI) of 48%, which sits higher than just 10% of all other annual readings. What’s more, ZS’ Schaeffer's Volatility Scorecard (SVS) ranks at a high 78 out of 100, meaning the security has tended to exceed these expectations during the past year -- a boon for premium buyers. Our recommended call has a leverage ratio of 4.9 and will double in value on a 21.1% rise in the underlying equity.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this ZS commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

At least five analysts have chimed in with bull notes since yesterday's announcement that Advanced Micro Devices (AMD) will buy competitor Xilinx, Inc. (NASDAQ:XLNX) in a $35 billion all-stock deal. Already this morning, Citigroup and Deutsche Bank lifted their price targets, to $136 and $143, respectively, while J.P. Morgan upgraded the equity to "neutral" from "underweight" and upped its price target to $138 from $96. XLNX, this morning, has gone by the way of the broader market, off 2.6% at $121.18, at last check. 

While the equity may be cooling from yesterday's annual high of $130.40, it's still trading at its highest levels in over a year, with former pressure at the $120 mark looking like potential support going forward. For the year, XLNX is now up 24%.

A look at analyst sentiment coming into today shows that many members of the brokerage bunch still aren't convinced. Of the 15 in coverage, only three considered it a "buy" or better. Plus, the 12-month consensus price target of $119.47 is at a slight discount to current levels. 

The options pits have been quite bearish of late, too. In fact, at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). XLNX sports a 10-day put/call volume ratio of 1.29, which stands higher than 95% of readings from the past year. This suggests a healthier-than-usual appetite for long puts of late. 

The shares of Boeing Co (NYSE:BA) are down 1.7%, last seen trading at $152.64, after the Dow name posted adjusted third-quarter losses of $1.39 per share, which were smaller than Wall Street's estimated $2.52 per share. Revenue also beat forecasts, while Boeing announced a 130,000 workforce target. 

To say it's been a rough year for Boeing stock is an understatement. The equity has shed 53.3% in 2020,and now its 150-day moving average has reemerged as layer of resistance, despite BA trading above the trendline for much of October. Plus, the $170 level has kept a lid on rally attempts since early September. Despite this, the security has managed to tack on 9.1% over the last six months.

Options data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows calls have been popular over the last 10 weeks. This is shown in BA's 50-day call/put volume ratio of 2.46, which ranks in the 96th percentile of its annual range, which suggests the appetite for bullish bets has been much healthier than usual.

Now looks to be an ideal time to enter with options, too. Boeing stock's Schaeffer's Volatility Index (SVI) of 58% sits in the 18th percentile of all other readings from the past year -- a boon for premium buyers.

Texas Roadhouse, Inc. (NASDAQ:TXRH) is an American restaurant chain specializing in steaks and American cuisine. The company has locations in several Middle Eastern and Asian countries, as well as the U.S. and Mexico. TXRH is up almost 20% year-to-date ahead of its expected earnings report today after the close. As Election Day uncertainty and COVID-19 fears continue to shake up the market, many restaurant stocks will be looking stand out from the rest. TXRH is only a few days removed from its Oct. 20 all-time high of $76.10, a marker that signals a triple bounce off its March 18 six-year bottom near $25.

Texas Roadhouse has a market cap of $4.82 billion and a book value of $12.51 per share. Its price-to-book ratio stands at 6.04. The company has a trailing price-earnings ratio of 84.83 and a forward price-earnings ratio of 31.45. The current price-earnings ratio is 78.18.

Texas Roadhouse has beat expectations on three of the most recent four earnings reports. In the most recent quarter, the company beat their target by $0.15. In the first quarter of 2020, Texas Roadhouse missed expectations by a pretty significant margin of $0.35 in EPS. For the upcoming earnings report today, Texas Roadhouse is expected to report an EPS of $0.18, which would signal a shift back into profitability. The company has a current trailing 12-month EPS of $0.89.

Texas Roadhouse grew its revenue annually from 2016 to 2019 by more than $200 million. The company managed an approximate 11% growth in revenue over this period In 2019, Texas Roadhouse increased revenue by nearly $300 million, making it one of the company’s best years in terms of revenue in recent times. Over the past 12 months, the company has reported a combined revenue of $2.51 billion, which is $250 million less than the $2.77 billion produced in 2019.

Texas Roadhouse posted a steady increase in net income between 2016 and 2019, as well. During this time period, the company reported a more than 50% increase in net income. Texas Roadhouse averaged a net income increase of about $15 million per year, with the exception of 2018. In 2018, the company increased net income by more than $26 million. Texas Roadhouse has experienced a significant decrease in net income over the past 12 months. The company has only produced $61.69 million, compared to the $174.4 million produced in 2019. This represents a decrease of about $112 million, or 65%.

Texas Roadhouse currently has $282.49 million in cash and $817.57 billion in total debt. The company’s balance sheet holds $2.13 billion in total assets and $1.26 billion in total liabilities. Texas Roadhouse's total equity stands at $868 million.

Despite the company operating in one of the most heavily impacted sectors of the economy, Texas Roadhouse has shown stability throughout 2020. The company has only taken losses in the first quarter of this year, so far. Texas Roadhouse also has a very manageable balance sheet along with a great record of consistent revenue and net income growth. However, the new spike in COVID-19 cases has Texas Roadhouse and other "reopening" stocks facing a longer recovery than company had expected.

TXRH stock currently trades at a pretty high price when one closely considers the inflated price-earnings ratio of 78.18. TXRH stock's forward price-earnings ratio shows more promise, but may be deceptive if the pandemic continues to worsen. Unless the company beats earnings in a major way, TXRH stock is likely to show some weakness in the short-term. Texas Roadhouse is a stock to keep an eye on as a long-term investment at the right price. Investors may consider jumping into this stock at a better price, looking at under $45 per share.

Caterpillar Inc. (NYSE:CAT) is the world’s largest manufacturer of heavy equipment such as engines, construction and mining equipment. The American company also owns countless brands across the globe. Furthermore, the company's quarterly report yesterday, Oct. 27,  likely has investors searching for the tale of the tape. As of today, CAT stock is up about 7% year-to-date. CAT stock has nearly doubled since tapping its 52-week low of $87.50.

Caterpillar has a market cap of $88.37 billion and a book value of $25.36 per share. The company's price-to-book ratio stands at 6.69. Caterpillar has a trailing price-earnings ratio of 22.65 and a forward price-earnings ratio of 23.42. The company's trailing 12-month price-earnings ratio is 21.80.

Caterpillar has grown its total revenue annually in 2016, 2017, and 2018. In 2017, the company increased revenue by nearly $7 billion, or roughly 18%. Caterpillar increased its revenue to $45.46 billion in 2017. In the following year, 2018, Caterpillar increased revenue by more than $9 billion, or about 20%. The company had $54.72 billion in revenue that year. In 2019, though, Caterpillar saw a 1.67% decline in 2019. The company lost just under $1 billion in revenue last year. Caterpillar has produced $46.53 billion in revenue over the past 12 months and is on track to post significant annual revenue loss in 2020.

Caterpillar reported a significant increase in net income between 2016 and 2018. The company went from taking a net loss of $67 million to producing over $6 billion in profit. In 2019, the company maintained its net income. Caterpillar will likely be reducing its net income by $2-3 billion in 2020, but will likely still produce a substantial positive net income.

Caterpillar currently has $8.8 billion in cash and $38.65 billion in total debt. The company’s balance sheet holds $76.57 billion in total assets and $62.79 billion in total liabilities. Caterpillar's total equity stands at $13.78 billion.

The company has paid dividends consistently since 1989, and has steadily grown its dividend since 1992, making CAT stock a very desirable dividend stock. Caterpillar last paid a dividend of $1.03 per share. The company has 2.44% dividend yield, and will have paid $4.12 to investors in 2020.

Caterpillar has reported a drop in sales and a considerable drop in revenue this year, but has maintained a good price-earnings ratio of 21.80. The company is expected to boost its overall sales over the next 12 months, and the stock will continue to climb after the company resumes share buy-backs. Caterpillar stock also comes with 2.4% dividend yield and a very manageable balance sheet. Overall, the company is a safe investment for long-term dividend growth as well as good potential stock growth. Caterpillar is undoubtedly undervalued at the moment, but might yet present a better value with the continued uncertainty in the market that continues driving stock prices down.

We saw investor sentiment sour throughout the day yesterday, with both the Dow and the S&P 500 dipping into the red by Tuesday's closing bell. New records were set in new COVID-19 cases across the U.S., impacting the overall market as well as "reopening" stocks like airlines. Yesterday the Dow Jones Industrial Average (DJI - 27,463.19) fell 222.2 points. The S&P 500 Index (SPX - 3,390.68) dropped 10.3 points and the Nasdaq Composite (IXIC - 11,431.35) gained 72.4 points yesterday. The Cboe Volatility Index (VIX - 33.35) added 0.9 point. Investors also unpacked a slew of corporate earnings yesterday, as well as data that U.S. consumer confidence dipped to 100.3 from 101.3 in October. 

Yesterday was quite a whirlwind with a complete blitz of earnings reports paired with a smacked-down market. For your convenience, we've compiled our best actionable insights from Tuesday into an easy list:

• Ahead of its Q3 earnings report today, EBAY stock was flat on Tuesday
• HOG stock soared after Q3 earnings beat was released yesterday
• Options traders are eying CAT stock after Q3 earnings and revenue beats
• MRK stock climbed higher after Q3 earnings beat
• AIG stock soared on news of an internal spinoff plan
• This stock signal for HD stock has never been wrong

Today, trade balance data is on tap, with earnings from Amgen (AMGN), Boeing (BA), eBay (EBAY), Etsy (ETSY), Fiverr (FVRR), Ford (F), Gilead Sciences, Sony (SNE), Teladoc (TDOC), and UPS (UPS) slated for release. It's pre-election week, with a stimulus package still on the table, and health concerns over COVID-19 cases raging. But you really should look on the bright side: so many trading opportunities, we will be sprinting to keep you up-to-date throughout the day!

For your convenience, we have rounded up the companies slated to release their earnings today, October 28:

• Anthem Inc. (NYSE:ANTM -- $298.88) provides life, hospital and medical insurance plans.
  • Anthem will report its third-quarter earnings before the bell today.
• Applied Industrial Technologies Inc. (NYSE:AIT -- $59.99) engages in the manufacture and distribution of industrial parts and products.
  • Applied Industrial will report its first-quarter earnings of 2021 before the bell today.
• Automatic Data Processing Inc. (NASDAQ:ADP -- $146.03) engages in the provision of business outsourcing solutions.
  • Automatic Data will report its first-quarter earnings of 2021 before the bell today.
• Balchem Corporation (NASDAQ:BCPC -- $101.94) develops, manufactures, and markets specialty performance ingredients and products.
  • Balchem will report its third-quarter earnings before the bell today.
• BankUnited Inc. (NYSE:BKU -- $25.33) engages in the provision of commercial and consumer banking services.
  • BankUnited will report its third-quarter earnings before the bell today.
• Belden CDT Inc. (NYSE:BDC -- $33.10) engages in the provision of innovative signal transmission solutions.
  • Belden will report its third-quarter earnings before the bell today.

     

• The Blackstone Group Inc. (NYSE:BX -- $51.87) engages in the provision of investment and fund management services.
  • Blackstone will report its third-quarter earnings before the bell today.
• Boeing Co. (NYSE:BA -- $153.95) is an aerospace company.
  • Boeing will report its third-quarter earnings before the bell today.
• Boston Scientific Corp. (NYSE:BSX -- $36.22) engages in the development, manufacture and marketing of medical devices.
  • Boston Scientific will report its third-quarter earnings before the bell today.
• Brinker International Inc. (NYSE:EAT -- $42.11) engages in owning, developing, and franchising Chili's Grill and Bar and Maggiano's Little Italy restaurant brands.
  • Brinker will report its first-quarter earnings of 2021 before the bell today.
• Bunge Ltd. (NYSE:BG -- $55.69) engages in the supply and transportation of agricultural commodities.
  • Bunge will report its third-quarter earnings before the bell today.
• Celestica Inc. (NYSE:CLS -- $6.66) engages in the provision of supply chain solutions globally.
  • Celestica will report its third-quarter earnings before the bell today.
• The Chefs' Warehouse Inc. (NASDAQ:CHEF -- $15.57) engages in the distribution of specialty food products.
  • Chefs' Warehouse will report its third-quarter earnings before the bell today.
• CME Group Inc. (NASDAQ:CME -- $159.47) operates as a security and commodity exchange company.
  • CME Group will report its third-quarter earnings before the bell today.
• Criteo SA (NASDAQ:CRTO -- $14.00) is a global technology company.
  • Criteo will report its third-quarter earnings before the bell today.
• Dana Holding Corp. (NYSE:DAN -- $14.65) engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products.
  • Dana will report its third-quarter earnings before the bell today.
    
• Diebold Nixdorf Inc. (NYSE:DBD -- $7.36) engages in the provision of integrated software-led services, self-service delivery and security systems.
  • Diebold Nixdorf will report its third-quarter earnings before the bell today.
• Dine Brands Global Inc. (NYSE:DIN -- $56.49) owns and franchises casual and family dining restaurants.
  • Dine Brands will report its third-quarter earnings before the bell today.
• Dorman Products Inc. (NASDAQ:DORM -- $88.08) engages in the supply of automotive replacement parts, fasteners, and service line products.
  • Dorman Products will report its third-quarter earnings before the bell today.
• Dynatrace Inc. (NYSE:DT -- $40.79) offers software intelligence platform, purpose-built for the enterprise cloud.
  • Dynatrace will report its second-quarter earnings of 2021 before the bell today.
• Entergy Corporation (NYSE:ETR -- $107.56) engages in electric power generation and distribution.
  • Entergy will report its third-quarter earnings before the bell today.
• Enterprise Products Partners LP (NYSE:EPD -- $17.26) engages in the production and trade of natural gas and petrochemicals.
  • Enterprise Products will report its third-quarter earnings before the bell today.
• Extreme Networks Inc. (NASDAQ:EXTR -- $4.72) engages in providing software driven networking solutions.
  • Extreme Networks will report its first-quarter earnings of 2021 before the bell today.
• FirstService Corp. (NASDAQ:FSV -- $127.95) engages in the provision of property services.
  • FirstService will report its third-quarter earnings before the bell today.
• Fiverr International Ltd. (NYSE:FVRR -- $148.59) develops an e-commerce platform that allows the people to buy and sell digital services.
  • Fiverr will report its third-quarter earnings before the bell today.
    
• Fresh Del Monte Produce Inc. (NYSE:FDP -- $24.06) engages in production and distribution of fresh fruit and vegetables products.
  • Fresh Del Monte will report its third-quarter earnings before the bell today.
• Garmin Ltd. (NASDAQ:GRMN -- $98.61) engages in the provision of navigation, communications and information devices.
  • Garmin will report its third-quarter earnings before the bell today.
• Generac Holdings Inc. (NYSE:GNRC -- $207.71) engages in the design and manufacture of power generation equipment and other power products.
  • Generac will report its third-quarter earnings before the bell today.
• General Dynamics Corp. (NYSE:GD -- $134.87) is an aerospace and defense company.
  • General Dynamics will report its third-quarter earnings before the bell today.
• General Electric Co. (NYSE:GE -- $7.13) is a technology and financial services company.
  • General Electric will report its third-quarter earnings before the bell today.
• Great Western Bancorp Inc. (NYSE:GWB -- $14.26) engages in the provision of relationship-based business and agri-business banking services.
  • Great Western Bancorp will report its fourth-quarter earnings before the bell today.
• H&E Equipment Services Inc. (NYSE:HEES -- $21.44) engages in the provision of heavy construction and industrial equipment.
  • H&E Equipment will report its third-quarter earnings before the bell today.
• Hess Corp. (NYSE:HES -- $37.40) is an exploration and production company.
  • Hess will report its third-quarter earnings before the bell today.
• Integra LifeSciences Holdings Corp. (NASDAQ:IART -- $46.55) engages in the manufacture and sale of medical instruments, devices, and equipment.
  • Integra will report its third-quarter earnings before the bell today.
    
• M/I Homes Inc. (NYSE:MHO -- $42.45) engages in the construction and development of residential properties.
  • M/I Homes will report its fourth-quarter earnings before the bell today.
• MarineMax Inc. (NYSE:HZO -- $26.93) engages in the provision of boating-related activities.
  • MarineMax will report its fourth-quarter earnings before the bell today.
• Masco Corp. (NYSE:MAS -- $53.57) designs, manufactures, markets and distributes branded home improvement and building products.
  • Masco will report its third-quarter earnings before the bell today.
• MasterCard Inc. (NYSE:MA -- $316.75) operates as a technology company.
  • MasterCard will report its third-quarter earnings before the bell today.
• Monro Inc. (NASDAQ:MNRO -- $43.10) provides automotive undercar repair and tire services.
  • Monro will report its second-quarter earnings of 2021 before the bell today.
• New York Community Bancorp, Inc. (NYSE:NYCB -- $8.33) provides multi-family loans on non-luxury rent-regulated buildings.
  • New York Community will report its third-quarter earnings before the bell today.
• Norfolk Southern Corp. (NYSE:NSC -- $203.64) is a transportation company.
  • Norfolk Southern will report its third-quarter earnings before the bell today.
• Owens Corning Inc. (NYSE:OC -- $68.86) develops, manufactures, and markets insulation, roofing, and fiberglass composites.
  • Owens Corning will report its third-quarter earnings before the bell today.
• Popular Inc. (NASDAQ:BPOP -- $39.26) engages in the provision of banking and financial services.
  • Popular will report its third-quarter earnings before the bell today.
    
• Prosperity Bancshares Inc. (NYSE:PB -- $55.26) engages in the provision of financial products and solutions.
  • Prosperity Bancshares will report its third-quarter earnings before the bell today.
• Rollins Inc. (NYSE:ROL -- $59.29) engages in the provision of pest and termite control services.
  • Rollins will report its third-quarter earnings before the bell today.
• Ryder System Inc. (NYSE:R -- $50.29) engages in the provision of transportation and supply chain management solutions.
  • Ryder System will report its third-quarter earnings before the bell today.
• Santander Consumer USA Holdings Inc. (NYSE:SC -- $20.93) engages in the provision of consumer financing services.
  • Santander Consumer USA will report its third-quarter earnings before the bell today.
• Sealed Air Corp. (NYSE:SEE -- $40.60) provides food safety and security, facility hygiene and product protection services.
  • Sealed Air will report its third-quarter earnings before the bell today.
• Silicon Laboratories Inc. (NASDAQ:SLAB -- $99.93) designs and develops analog-intensive and mixed-signal integrated circuits.
  • Silicon Labs will report its third-quarter earnings before the bell today.
• SiteOne Landscape Supply Inc. (NYSE:SITE -- $123.49) distributes commercial and residential landscape supplies.
  • SiteOne Landscape Supply will report its third-quarter earnings before the bell today.
• Six Flags Entertainment Corp. (NYSE:SIX -- $21.66) engages in operating of theme parks.
  • Six Flags will report its third-quarter earnings before the bell today.
• Sony Corp. (NYSE:SNE -- $77.66) engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software.
  • Sony will report its third-quarter earnings before the bell today.
• SPX FLOW Inc. (NYSE:FLOW -- $44.12) engages in manufacturing and distributing industrial components.
  • SPX FLOW will report its third-quarter earnings before the bell today.
• Standard Motor Products Inc. (NYSE:SMP -- $46.14) engages in the manufacture, distribution, and market of aftermarket replacement parts for motor vehicles.
  • Standard Motor will report its third-quarter earnings before the bell today.
• Taylor Morrison Home Corp. (NYSE:TMHC -- $23.35) engages in the business of residential homebuilding and the development of lifestyle communities.
  • Taylor Morrison Home will report its third-quarter earnings before the bell today.
• TE Connectivity Ltd. (NYSE:TEL -- $101.67) engages in the design and manufacture of connectivity and sensors solutions.
  • TE Connectivity will report its fourth-quarter earnings before the bell today.
• Tradeweb Markets Inc. (NASDAQ:TW -- $59.75) engages in the operation of electronic marketplaces for the trading of products.
  • Tradeweb Markets will report its third-quarter earnings before the bell today.
• Trane Technologies plc (NYSE:TT -- $123.68) provides climate control solutions for buildings, homes, and transportation.
  • Trane will report its third-quarter earnings before the bell today.
• Tupperware Corp. (NYSE:TUP -- $21.26) operates as a direct-to-consumer marketer of products across multiple brands and categories.
  • Tupperware will report its third-quarter earnings before the bell today.
• United Therapeutics Corporation (NASDAQ:UTHR -- $123.40) is a biotechnology company.
  • United Therapeutics will report its third-quarter earnings before the bell today.
• United Parcel Service, Inc. (NYSE:UPS -- $170.84) provides letter and package delivery, specialized transportation, logistics, and financial services.
  • UPS will report its third-quarter earnings before the bell today.
• W.R. Grace & Co. (NYSE:GRA -- $46.30) produces and sells specialty chemicals and materials worldwide.
  • W.R. Grace will report its third-quarter earnings before the bell today.
• Wyndham Destinations Inc. (NYSE:WYND -- $46.30) provides hospitality services and products.
  • Wyndham Destinations will report its third-quarter earnings before the bell today.
• Yandex N.V. (NASDAQ:YNDX -- $46.30) is an Internet and technology company.
  • Yandex N.V. will report its third-quarter earnings before the bell today.

We have also rounded up the results of all those quarterly earnings reports released yesterday, October 27:

• 3M Company (NYSE:MMM) develops, manufactures, and markets various products worldwide. 3M stock attempted to topple technical ceiling after an upbeat forecast was released. 3M reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share were down 5.81% over the past year to $2.43, which beat the estimate of $2.26. Revenue of $8,350,000,000 up by 4.49% from the same period last year, which beat the estimate of $8,290,000,000.

• Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor company worldwide. Analysts are hopeful about AMD ahead of Q3 earnings report.  Advanced Micro Decides reported its third-quarter earnings before the bell on Tuesday.

• Ares Capital Corporation (NASDAQ:ARCC) is a business development company. Ares Capital reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share decreased 18.75% year over year to $0.39, which beat the estimate of $0.38. Revenue of $352,000,000 declined by 9.04% year over year, which beat the estimate of $346,890,000.

• Armstrong World Industries, Inc. (NYSE:AWI) designs, manufactures, and sells ceiling systems. Armstrong World Industries reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share fell 22.46% year over year to $1.07, which beat the estimate of $0.93. Revenue of $246,300,000 decreased by 11.12% from the same period last year, which beat the estimate of $228,300,000.

• Asbury Automotive Group, Inc. (NYSE:ABG) operates as an automotive retailer in the United States. Asbury Automotive reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share rose 75.11% over the past year to $4.08, which beat the estimate of $3.38. Revenue of $1,845,000,000 rose by 0.16% year over year, which beat the estimate of $1,790,000,000.

• BP p.l.c (NYSE:BP) engages in the energy business worldwide. BP reported its third-quarter earnings before the bell on Tuesday.

• Caterpillar Inc. (NYSE:CAT -- $163.20) manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Our team reported that Caterpillar stock was trailing its 2-year high ahead of earnings. Caterpillar reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share fell 49.62% year over year to $1.34, which beat the estimate of $1.12. Revenue of $9,881,000,000 decreased by 22.55% year over year, which beat the estimate of $9,800,000,000.

• Centene Corporation (NYSE:CNC) operates as a multi-national healthcare enterprise. Centene reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share rose 31.25% over the past year to $1.26, which beat the estimate of $0.96. Revenue of $29,090,000,000 higher by 53.30% from the same period last year, which beat the estimate of $28,230,000,000.

• Commvault Systems, Inc. (NASDAQ:CVLT) provides data protection and information management software applications and related services. Commvault Systems reported its second-quarter of 2021 earnings before the bell on Tuesday.
  • Earnings per share rose 7.14% year over year to $0.45, which beat the estimate of $0.35. Revenue of $171,139,000 up by 2.12% year over year, which beat the estimate of $164,650,000.

• Constellium SE (NYSE:CSTM) engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products. Constellium will reported its third-quarter earnings before the bell on Tuesday.
  • Earnings per share rose 0.00% year over year to $0.15, which beat the estimate of ($0.03). Revenue of $1,370,000,000 decreased by 13.94% from the same period last year, which were in line with the estimate of $1,370,000,000.

• Corning Incorporated (NYSE:GLW) engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning reported its third-quarter earnings before the bell on Tuesday.

• Crestwood Equity Partners LP (NYSE:CEQP) provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays. Crestwood Equity Partners reported its third-quarter earnings before the bell on Tuesday.

• Crocs, Inc. (NASDAQ:CROX) designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories. Crocs reported its third-quarter earnings before the bell on Tuesday.

• Cummins, Inc. (NYSE:CMI) designs, manufactures, distributes, and services diesel and natural gas engines, products worldwide. We found that this auto parts stock was ready to switch gears higher at the end of September. Cummins reported its third-quarter earnings before the bell on Tuesday.

• DTE Energy Company (NYSE:DTE) engages in the utility operations. DTE Energy reported its third-quarter earnings before the bell on Tuesday.

• Ecolab Inc. (NYSE:ECL) provides water, hygiene, and energy technologies and services worldwide. Ecolab reported its third-quarter earnings before the bell on Tuesday.

• Eli Lilly and Company (NYSE:LLY) discovers, develops, manufactures, and markets pharmaceutical products worldwide. Eli Lilly COVID-19 vaccine trials were put on pause after an FDA order earlier this month. Eli Lilly reported its third-quarter earnings before the bell on Tuesday.

• Franklin Electric Co., Inc. (NASDAQ:FELE) designs, manufactures, and distributes water and fuel pumping systems worldwide. Franklin Electric reported its third-quarter earnings before the bell on Tuesday.

• Franklin Resources, Inc. (NYSE:BEN) is a publicly owned asset management holding company. Franklin Resources reported its third-quarter earnings before the bell on Tuesday.

• Harley-Davidson, Inc. (NYSE:HOG) manufactures and sells custom, cruiser, and touring motorcycles. After the company's last earnings report, HOG stock took a nosedive along with the swing-and-miss. Harley-Davidson reported its third-quarter earnings before the bell on Tuesday.

• Invesco Ltd. (NYSE:IVZ) is a publicly owned investment manager. Invesco reported its third-quarter earnings before the bell on Tuesday.

• JetBlue Airways Corporation (NASDAQ:JBLU) is a passenger carrier company. JetBlue Airways reported its third-quarter earnings before the bell on Tuesday.

• Laboratory Corporation of America Holdings (NYSE:LH) operates as an independent clinical laboratory company worldwide. Laboratory Corp reported its third-quarter earnings before the bell on Tuesday.

• Lincoln Electric Holdings, Inc. (NASDAQ:LECO) designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. Lincoln Electric reported its third-quarter earnings before the bell on Tuesday.

• MakeMyTrip Limited (NASDAQ:MMYT) is an online travel company. MakeMyTrip reported its second-quarter of 2021 earnings before the bell on Tuesday.

• MarketAxess Holdings Inc. (NASDAQ:MKTX) operates an electronic trading platform. MarketAxess reported its third-quarter earnings before the bell on Tuesday.

• Merck & Co., Inc. (NYSE:MRK) provides healthcare solutions worldwide. Merck reported its third-quarter earnings before the bell on Tuesday.

• MSC Industrial Direct Co., Inc. (NYSE:MSM) distributes metalworking and maintenance, repair, and operations (MRO) products. MSC Industrial reported its fourth-quarter earnings before the bell on Tuesday.

• MSCI Inc. (NYSE:MSCI) provides investment decision support tools. MSCI reported its third-quarter earnings before the bell on Tuesday.

• NeoGenomics, Inc. (NASDAQ:NEO) operates a network of cancer-focused testing laboratories. NeoGenomics reported its third-quarter earnings before the bell on Tuesday.

• Novartis AG (NYSE:NVS) researches, develops, manufactures, and markets healthcare products worldwide. Novartis reported its third-quarter earnings before the bell on Tuesday.

• Old Dominion Freight Line, Inc. (NASDAQ:ODFL) operates as a less-than-truckload (LTL) motor carrier. Old Dominion reported its third-quarter earnings before the bell on Tuesday.

• Omnicom Group Inc. (NYSE:OMC) provides advertising, marketing, and corporate communications services. Omnicom reported its third-quarter earnings before the bell on Tuesday.

• Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) operates as the bank holding company for Pacific Premier Bank. Pacific Premier reported its third-quarter earnings before the bell on Tuesday.

• Peabody Energy Corporation (NYSE:BTU) engages in coal mining business. Peabody Energy reported its third-quarter earnings before the bell on Tuesday.

• Pfizer Inc. (NYSE:PFE) develops, manufactures, and sells healthcare products worldwide. We reported on the upcoming weeks ahead for Pfizer stock last week - a lot is going on beyond just earnings! Pfizer reported its third-quarter earnings before the bell on Tuesday.

• Polaris Inc. (NYSE:PII) designs, engineers, manufactures, and markets power sports vehicles worldwide. Polaris reported its third-quarter earnings before the bell on Tuesday.

• Raytheon Technologies Corporation (NYSE:RTX) is an aerospace and defense company. Raytheon Technologies reported its third-quarter earnings before the bell on Tuesday.

• Restaurant Brands International Inc. (NYSE:QSR) owns, operates, and franchises quick service restaurants under the Tim Hortons, Burger King, and Popeyes brand names. Restaurant Brands reported its third-quarter earnings before the bell on Tuesday.

• Roper Technologies, Inc. (NYSE:ROP) designs and develops software and engineered products and solutions worldwide. Roper reported its third-quarter earnings before the bell on Tuesday.

• S&P Global Inc. (NYSE:SPGI) provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. S&P Global reported its third-quarter earnings before the bell on Tuesday.

• Sensata Technologies Holding plc (NYSE:ST) develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products. Sensata Tech reported its third-quarter earnings before the bell on Tuesday.

• The Sherwin-Williams Company (NYSE:SHW) develops, manufactures, distributes, and sells paints, coatings, and related products. Sherwin-Williams reported its third-quarter earnings before the bell on Tuesday.

• Shutterstock, Inc. (NYSE:SSTK) provides content, and tools and service. Shutterstock report its third-quarter earnings before the bell on Tuesday.

• SITE Centers Corp. (NYSE:SITC) is an owner and manager of open-air shopping centers. SITE Centers reported its third-quarter earnings before the bell on Tuesday.

• Stanley Black & Decker, Inc. (NYSE:SWK) engages in tools and storage, industrial, and security businesses worldwide. Stanley Black & Decker reported its third-quarter earnings before the bell on Tuesday.

• Steven Madden, Ltd. (NASDAQ:SHOO) designs, sources, markets, and sells fashion-forward name brand and private label footwear. Steven Madden reported its third-quarter earnings before the bell on Tuesday.

• Teck Resources Limited (NYSE:TECK) researches, explores for, develops, and produces natural resources. Teck Resources reported its third-quarter earnings before the bell on Tuesday.

• TransUnion (NYSE:TRU) provides risk and information solutions. TransUnion reported its third-quarter earnings before the bell on Tuesday.

• Turning Point Brands, Inc. (NYSE:TPB) provides other tobacco products. Turning Point Brands reported its third-quarter earnings before the bell on Tuesday.

• Unisys Corporation (NYSE:UIS) operates as an information technology company worldwide. Unisys reported its third-quarter earnings before the bell on Tuesday.

• Waddell & Reed Financial, Inc. (NYSE:WDR) provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration. Waddell & Reed reported its third-quarter earnings before the bell on Tuesday.

• Xerox Holdings Corporation (NYSE:XRX) designs, develops, and sells document management systems and solutions. Xerox reported its third-quarter earnings before the bell on Tuesday.

• 2U, Inc. (NASDAQ:TWOU) operates as an education technology company. 2U reported its third-quarter earnings after the market closed yesterday.

• ACCO Brands Corporation (NYSE:ACCO) designs, manufactures, and markets consumer and business products. ACCO Brands reported its third-quarter earnings after the market closed yesterday.

• Aflac Incorporated (NYSE:AFL) provides supplemental health and life insurance products. Aflac reported its third-quarter earnings after the market closed yesterday.

• Akamai Technologies, Inc. (NASDAQ:AKAM) provides cloud services for delivering, optimizing, and securing content and business applications over the Internet. Akamai Tech reported its third-quarter earnings after the market closed yesterday.

• Ares Management Corporation (NYSE:ARES) operates as an alternative asset manager. Ares Management reported its third-quarter earnings after the market closed yesterday.

• Boston Properties, Inc. (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties. Boston Properties reported its third-quarter earnings after the market closed yesterday.

• C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) a third-party logistics company. C.H. Robinson reported its third-quarter earnings after the market closed yesterday.

• Chubb Limited (NYSE:CB) provides insurance and reinsurance products worldwide. Chubb reported its third-quarter earnings after the market closed yesterday.

• Community Health Systems, Inc. (NYSE:CYH) owns, leases, and operates general acute care hospitals in the United States. Community Health reported its third-quarter earnings after the market closed yesterday.

• CoStar Group, Inc. (NASDAQ:CSGP) provides information, analytics, and online marketplaces to the commercial real estate industry. CoStar Group reported its third-quarter earnings after the market closed yesterday.

• Denny's Corporation (NASDAQ:DENN) owns and operates full-service restaurant chains under the Denny's brand. Denny's reported its third-quarter earnings after the market closed yesterday.

• Dexcom, Inc. (NASDAQ:DXCM) is a medical device company. Dexcom reported its third-quarter earnings after the market closed yesterday.

• EastGroup Properties, Inc. (NYSE:EGP) is a self-administered equity real estate investment trust. EastGroup reported its third-quarter earnings after the market closed yesterday.

• Edison International (NYSE:EIX) engages in the generation, transmission, and distribution of electricity in the United States. Edison reported its third-quarter earnings after the market closed yesterday.

• Element Solutions Inc. (NYSE:ESI) produces and sells specialty chemical products. Element Solutions reported its third-quarter earnings after the market closed yesterday.

• Encore Wire Corporation (NASDAQ:WIRE) manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire reported its third-quarter earnings after the market closed yesterday.

• Enova International, Inc. (NYSE:ENVA) is a technology and analytics company. Enova International reported its third-quarter earnings after the market closed yesterday.

• Enphase Energy, Inc. (NASDAQ:ENPH) designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry. After a record run, ENPH stock took a breather at the beginning of October. Enphase Energy reported its third-quarter earnings after the market closed yesterday.

• Equity Residential (NYSE:EQR) is focused on the acquisition, development and management of rental apartment properties. Equity Residential reported its third-quarter earnings after the market closed yesterday.

• Euronet Worldwide, Inc. (NASDAQ:EEFT) provides payment and transaction processing and distribution solutions. Euronet reported its third-quarter earnings after the market closed yesterday.

• FireEye, Inc. (NASDAQ:FEYE) provides cybersecurity solutions. FEYE options ran red-hot after the company updated its Board of Directors. FireEye reported its third-quarter earnings after the market closed yesterday.

• First Commonwealth Financial Corporation (NYSE:FCF) provides consumer and commercial banking services. First Commonwealth reported its third-quarter earnings after the market closed yesterday.

• First Solar, Inc. (NASDAQ:FSLR) provides photovoltaic (PV) solar energy solutions. A few weeks ago, FSLR stock fell from its fresh highs after receiving analyst feedback. First Solar reported its third-quarter earnings after the market closed yesterday.

• Fiserv, Inc. (NASDAQ:FISV) provides financial services technology worldwide. Fiserv reported its third-quarter earnings after the market closed yesterday.

• Fortive Corporation (NYSE:FTV) designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive reported its third-quarter earnings after the market closed yesterday.

• Four Corners Property Trust, Inc. (NYSE:FCPT) is a real estate investment trust. Four Corners Property Trust reported its third-quarter earnings after the market closed yesterday.

• Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators. Gaming and Leisure Properties reported its third-quarter earnings after the market closed yesterday.

• The Hanover Insurance Group, Inc. (NYSE:THG) provides various property and casualty insurance products and services. Hanover Insurance reported its third-quarter earnings after the market closed yesterday.

• Hawaiian Holdings, Inc. (NASDAQ:HA) engages in the scheduled air transportation of passengers and cargo. Hawaiian Holdings reported its third-quarter earnings after the market closed yesterday.

• Highwoods Properties, Inc. (NYSE:HIW) is a publicly-traded real estate investment trust. Highwoods reported its third-quarter earnings after the market closed yesterday.

• Houlihan Lokey, Inc. (NYSE:HLI) is an investment banking company. Houlihan Lokey reported its third-quarter earnings after the market closed yesterday.

• IDEX Corporation (NYSE:IEX) operates as an applied solutions company worldwide. IDEX reported its third-quarter earnings after the market closed yesterday.

• John Bean Technologies Corporation (NYSE:JBT) provides technology solutions to food and beverage industry and equipment and services to air transportation industries. John Bean Technologies reported its third-quarter earnings after the market closed yesterday.

• Juniper Networks, Inc. (NYSE:JNPR) designs, develops, and sells network products and services worldwide. Juniper Networks reported its third-quarter earnings after the market closed yesterday.

• Kadant Inc. (NYSE:KAI) supplies equipment and critical components worldwide. Kadant reported its third-quarter earnings after the market closed yesterday.

• Lattice Semiconductor Corporation (NASDAQ:LSCC) develops and sells semiconductor technologies. Lattice reported its third-quarter earnings after the market closed yesterday.
  • Earnings per share were up 11.76% year over year to $0.19, which beat the estimate of $0.16. Revenue of $103,042,000 declined by 0.41% year over year, which beat the estimate of $100,980,000.

• Masimo Corporation (NASDAQ:MASI) is a medical technology company. Masimo reported its third-quarter earnings after the market closed yesterday.

• Matador Resources Company (NYSE:MTDR) is an independent energy company. Matador Resources reported its third-quarter earnings after the market closed yesterday.

• Maxim Integrated Products, Inc. (NASDAQ:MXIM) designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits. Maxim reported its third-quarter earnings after the market closed yesterday.

• Microsoft Corporation (NASDAQ:MSFT) develops, licenses, and supports software, services, devices, and solutions worldwide. MSFT stock took a hit near the end of September with major Outlook outages. Microsoft reported its third-quarter earnings after the market closed yesterday.

• MKS Instruments, Inc. (NASDAQ:MKSI) provides instruments, systems, subsystems, and process control solutions. MKS Instruments reported its third-quarter earnings after the market closed yesterday.

• NCR Corporation (NYSE:NCR) provides software and services worldwide. NCR reported its third-quarter earnings after the market closed yesterday.

• O-I Glass (NYSE:OI) manufactures and sells glass containers to food and beverage manufacturers. O-I Glass reported its third-quarter earnings after the market closed yesterday.

• Omnicell, Inc. (NASDAQ:OMCL) provides medication management automation solutions and adherence tools for healthcare systems and pharmacies worldwide. Omnicell reported its third-quarter earnings after the market closed yesterday.

• ONEOK, Inc. (NYSE:OKE) engages in gathering, processing, storage, and transportation of natural gas in the United States. ONEOK reported its third-quarter earnings after the market closed yesterday.

• PPD, Inc. (NASDAQ:PPD) provides drug development services to the biopharmaceutical industry worldwide. PPD reported its third-quarter earnings after the market closed yesterday.

• Red Rock Resorts, Inc. (NASDAQ:RRR) engages in casino entertainment, and gaming and entertainment businesses in the United States. Red Rock Resorts reported its third-quarter earnings after the market closed yesterday.

• RenaissanceRe Holdings Ltd. (NYSE:RNR) provides reinsurance and insurance products. RenaissanceRe reported its third-quarter earnings after the market closed yesterday.

• Renasant Corporation (NASDAQ:RNST) operates as a bank holding company for Renasant Bank. Renasant reported its third-quarter earnings after the market closed yesterday.

• Rexnord Corporation (NYSE:RXN) designs, manufactures, and markets process and motion control, and water management products worldwide. Rexnord reported its third-quarter earnings after the market closed yesterday.

• Skyline Champion Corporation (NYSE:SKY) operates as a factory-built housing company in North America. Skyline Champion reported its third-quarter earnings after the market closed yesterday.

• SolarWinds Corporation (NYSE:SWI) provides information technology (IT) infrastructure management software products. SolarWinds reported its third-quarter earnings after the market closed yesterday.

• Stifel Financial Corporation (NYSE:SF) provides securities brokerage, investment banking, trading, investment advisory and related financial services. Stifel Financial reported its third-quarter earnings after the market closed yesterday.

• Summit Materials, Inc. (NYSE:SUM) produces and sells construction materials and related downstream products. Summit Materials reported its third-quarter earnings after the market closed yesterday.

• Systemax Inc. (NYSE:SYX) operates as a direct marketer of brand name and private label industrial and business equipment and supplies. Systemax reported its third-quarter earnings after the market closed yesterday.

• Tenable Holdings, Inc. (NASDAQ:TENB -- $36.60) provides cybersecurity solutions. Tenable reported its third-quarter earnings after the market closed yesterday.

• Terex Corporation (NYSE:TEX) manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. Terex reported its third-quarter earnings after the market closed yesterday.

• Trustmark Corporation (NASDAQ:TRMK) operates as the bank holding company for Trustmark National Bank. Trustmark reported its third-quarter earnings after the market closed yesterday.

• Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) is a biopharmaceutical company. Ultragenyx reported its third-quarter earnings after the market closed yesterday.

• UMB Financial Corporation (NASDAQ:UMBF) operates as the bank holding company for the UMB Bank. UMB Financial report its third-quarter earnings after the market closes today.

• Unum Group (NYSE:UNM) provides financial protection benefit solutions. Unum Group report its third-quarter earnings after the market closes today.

• Varian Medical System, Inc. (NYSE:VAR) designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. Varian Medical report its third-quarter earnings after the market closes today.

• Veeco Instruments Inc. (NASDAQ:VECO) develops, manufactures, sells, and supports semiconductor and thin film process equipment. Veeco Instruments report its third-quarter earnings after the market closes today.

Tomorrow will bring initial and continuous jobless claims, gross domestic product (GDP), and pending home sales. Also, Comcast (CMCSA), Facebook, Moderna, Shopify (SHOP), Starbucks (SBUX), and Twitter will step into the earnings confessional. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

The shares of Home Depot Inc (NYSE: HD) are up 0.7% at $278.20 at last check. And while the home improvement stock is now cooling off from its Aug. 27, all-time-high of $292.95, the last week's 2.7% pullback has it near a historically bullish trendline, which could push HD even higher in the near future. 

More specifically, Home Depot stock just came within one standard deviation of its 80-day moving average, after spending several weeks above this trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, four similar signals have occurred during the past three years. The security enjoyed positive returns one month after each signal, averaging a 6.4% gain. From the stock's current perch, a move of similar magnitude would put HD right at the $296 mark -- at yet another record high.

An unwinding of pessimism in the options pits could also push the security higher. This is per HD's 10-day put/call volume ratio of 1.01 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits in the 88th percentile of its annual range. In simpler terms, this suggests a healthier-than-usual appetite for bearish bets of late. 

Now certainly seems like a good time to take advantage of HD options. The security's Schaeffer's Volatility Index (SVI) of 35%, which sits in the low 20th percentile of all other annual readings, meaning the stock sports attractively priced premiums at the moment. Plus, the equity's Schaeffer's Volatility Scorecard (SVS) ranks relatively high at 75 out of 100, meaning HD has tended to exceed these expectations during the past year -- a boon for premium buyers.