Earnings Season Highlights

Refresh your browser for the latest updates!
A collection of noteworthy post-earnings reactions
Published on Mar 5, 2025 at 2:23 PM
  • Buzz Stocks

Satellite designer AST SpaceMobile Inc (NASDAQ:ASTS) announced better-than-expected fourth-quarter earnings and revenue after Tuesday's close. Today, the stock attracted three price-target hikes, including one from Deutsche Bank to $64 from $53. Below, let's see how ASTS and sector peers Rocket Lab USA Inc (NASDAQ:RKLB) and Intuitive Machines Inc (NASDAQ:LUNR) are faring.

ASTS Looks to Extend Impressive Lead

ASTS is up 15.1% at $32.93 at last glance, extending its already jaw-dropping 997.3% year-over-year lead. In 2025 alone, the equity already added 57%, and is now trading within striking distance of its highest level since September, after bouncing off support from the 40-day moving average.

Time to Buy RKLB's Dip? 

RKLB is also surging, last seen up 7% to trade at $20.33. The stock slipped below the 100-day moving average in late February, after staying above this trendline for most of the past year. While shares have taken a breather from their Jan. 24, record high of $33.34, RKLB rose 379.2% in the last 12 months.

LUNR Bounces Off Support

LUNR is up 2.1% to trade at $13.76 at last check, staging a bounce off a familiar floor at the $12 level, which contained December losses. The equity has distanced itself from its Jan. 27, two-year peak of $24.95, but the 140-day moving average lingers below, poised to stop additional losses. In the past nine months, LUNR added 156.6%.

Published on Mar 5, 2025 at 12:17 PM
  • Quantitative Analysis

The shares of healthcare name Hims & Hers Health Inc (NYSE:HIMS) have retreated from their Feb. 19, pre-earnings all-time high of $72.98. The stock has shed 11.9% so far this month, and is on track for its fourth loss in five sessions, last seen down 0.7% at $40.18. Despite this pullback, historical data suggests the security may be primed for a rebound.

Per a new study from Schaeffer's Senior Quantitative Analyst Rocky White, HIMS is now within one standard deviation of its 50-day moving average. Shares have traded north of this trendline 80% of the time over the past two months and in eight of the last 10 trading days.

Similar pullbacks have historically led to strong short-term upside, with past instances resulting in a one-month gain 71% of the time, averaging a 10.6% return. A comparable move would put Hims & Hers Health stock near $44, extending its impressive 176.3% year-over-year lead.

HIMS Chart March 052025

Short sellers are backing off, with short interest down 20.8% in the last reporting period. However, the 46.12 million shares sold short account for 24.6% of the equity's available float, indicating there's still room for a short squeeze. Analysts remain cautious, leaving room for upgrades to act as a bullish catalyst as well, with nine of 14 covering firms maintaining a "hold" or worse rating on HIMS.

Options traders also lean bearish, with Hims & Hers Health stock's Schaeffer's put/call open interest ratio (SOIR) of 1.47 sitting in the 94th percentile of readings from the past month. Echoing this, the equity's 50-day put/call volume ratio of 1.14 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks in the 99th percentile of its annual range.

HIMS has consistently exceeded options traders' volatility expectations, as reflected in its Schaeffer’s Volatility Scorecard (SVS) score of 90 out of 100. This metric suggests the stock has historically delivered larger-than-expected price swings.

Published on Mar 5, 2025 at 12:09 PM
  • Midday Market Check

The Dow Jones Industrial Average (DJI) is trading near breakeven this afternoon, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are lower. Traders are digesting weak jobs data and tariffs, with Commerce Secretary Howard Lutnick's suggested trade deal with Canada and Mexico yet to come to fruition. A better-than-expected Institute for Supply Management (ISM) services index could be keeping today's losses in check, as President Donald Trump looks at which sectors could get relief from tariffs.

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

MMC Stats 0305

Abercrombie & Fitch Co (NYSE:ANF) stock is seeing unusual options activity today, with 16,000 calls and 31,000 puts traded so far today -- 8 times the volume typically seen at this point. The most active contract is the May 70 put, where positions are being opened. ANF was last seen off 15% at $81.70, brushing off the company's better-than-expected results for the fourth quarter after a dismal current-quarter and fiscal year outlook. The equity is on track for a third-straight daily loss and worst day since Jan. 13, and earlier hit a 52-week low of $79.77. So far in 2025, Abercrombie stock already shed 45.8%.

Freeport-McMoRan Inc(NYSE:FCX) stock is near the top of the SPX today, last seen up 7% at $37.33. Rising metal prices, a weaker U.S. dollar, and increasing demand for gold as traders turn to the safe-haven commodity during the trade war, are boosting the equity. FCX could snap its four-day losing streak with its best single-day percentage gain since September, but has yet to conquer the 40-day moving average on a bounce off yesterday's a 52-week low of $34.26.

FCX 40 Day

Meanwhile, Marathon Petroleum Corp (NYSE:MPC) is one of the worst stocks on the SPX today, down 6.1% to trade at $133.87 at last glance. Tariffs and the Organization of the Petroleum Exporting Countries and its allies' (OPEC+) move to lift outputs dinged the shares. The oil stock is eyeing its worst single-day percentage drop since October, as well as its third-straight daily drop, while carrying a 23.2% year-over-year deficit.

Published on Mar 5, 2025 at 10:45 AM
Updated on Mar 5, 2025 at 11:01 AM
  • Buzz Stocks

AeroVironment, Inc. (NASDAQ:AVAV) is down 19.1% at $114.84 at last glance, following the defense contractor's fiscal third-quarter earnings miss and disappointing full-year guidance, with estimates of $780 to $795 million falling short of analysts' expected $820 million. As a key supplier of guided munitions to Ukraine, President Trump's wavering support is weighing on the shares as well. In response, Baird lowered its price target to $146 from $220. Trading at 52-week lows, AVAV is down 20.3% year over year. 

In the options pits, AVAV has already seen 2,232 calls and 2,179 puts traded, 13 times its average daily options volume. The weekly 3/21 160-strike call is the most active contract, with new positions being sold to open there. 

CrowdStrike Holdings Inc (NASDAQ:CRWD) stock is down 9.6% at $352.66 despite the cybersecurity name's better-than-expected fourth-quarter results, after current-quarter and full-year earnings guidance fell short of expectations. A slew of analysts have handed out both price target cuts and hikes in response. Trading at its lowest levels since late January as it falls from its Feb. 19 record high of $455.59, CRWD is still holding on to a 3% year-to-date lead, up 18.9% over the past 12 months. 

So far, CRWD has seen 44,000 calls and 53,000 puts exchanged, which 5 times the volume typically seen at this point. The weekly 3/7 320-strike put is the most popular, with new positions being opened there. 

Published on Mar 5, 2025 at 10:19 AM
  • Buzz Stocks
  • Intraday Option Activity

Foot Locker Inc (NYSE:FL) delivered a mixed fourth-quarter earnings report, with higher-than-expected adjusted earnings of 86 cents per share surpassing analyst expectations of 72 cents, according to FactSet. However, revenue of $2.24 billion missed the forecasted $2.32 billion, reflecting a 4.6% year-over-year decline excluding currency fluctuations.

Comparable-store sales rose 2.6%, showing some resilience in Foot Locker’s retail footprint, though the company noted the fourth quarter in 2023 included an extra week, impacting year-over-year comparisons.

At last glance, FL was up 10.1% at $19.21, after earlier surging to an intraday high of $19.67. The stock has struggled in 2025, down 12.1% year-to-date, and yesterday hit $16.92 — its lowest level since September 2023 — bringing its year-over-year decline to 43.8%.

Options traders are actively speculating on the stock’s next move, with 5,564 calls and 4,406 puts exchanged so far today, seven times the average intraday volume. The most popular contracts are the 3/7 20-strike call and the 17.50-strike put in the same weekly series.

Published on Mar 5, 2025 at 9:17 AM
  • Buzz Stocks

Shares of Palantir Technologies Inc (NASDAQ:PLTR) are up 2.1% in premarket trading, after an upgrade at William Blair to "market perform" from "underperform." The brokerage cited "positive developments" for the data analytics stock since a selloff in connection to the U.S. Department of Government Efficiency's (DOGE) layoffs.

There's plenty of room for other analysts to strike a bullish tone. Coming into today, 16 of the 19 firms in question called the equity a tepid "hold" or worse. Short sellers are building their positions, too, with short interest rising 13.3% over the most recent reporting period.

The security is fresh off its worst weekly performance since 2021, with a series of bear gaps knocking it off a Feb. 19, record high of $125.41. However, PLTR weathered yesterday's tariff-driven storm, settling higher despite investors rotating out of the tech sector and into cyclical plays. A floor appears to have emerged at the $80 level, however, and PLTR still sports a 281.9% nine-month lead.

A shift in sentiment could fuel additional tailwinds, per the security's 10-day put/call volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). This ratio stands higher than 97% of all annuals readings.

Options look like a solid route, too. PLTR typically outperformed options traders' volatility expectations in the last year, per its Schaeffer’s Volatility Scorecard (SVS) of 84 out of 100. 

Published on Mar 5, 2025 at 9:08 AM
  • Opening View
 
Published on Mar 5, 2025 at 8:00 AM
Updated on Mar 5, 2025 at 8:00 AM
  • Indicator of the Week

Before yesterday’s tariff-fueled selloff, the S&P 500 Index (SPX) had already pulled back 5% from its mid-February all-time high. Sentiment surveys, such as the latest American Association of Individual Investors (AAII) poll, indicate investors are getting nervous. Is their concern justified? This week, I’m analyzing historical 5% pullbacks to see if it’s a threshold that increases the likelihood of a larger decline. I’m examining pullbacks from a few angles to see if we can gain insights into where we go from here.

Stocks After 5% Pullbacks

For the data below, I went back to 1950 and found each time the SPX fell 5% after reaching an all-time high. In the 30 days after the initial pullback, the SPX averaged a return of 1.9%, with 74% of the returns positive. The second table shows the typical one month returns since 1950 for the SPX was 0.75%, with 62% of the returns positive. From the table below, it indicates 5% pullbacks have been good short-term buying opportunities.

The returns over the next year, however, show slight underperformance. The last row of the table shows the percentage of time a new high was reached in the timeframe. So, 32% of the time, the SPX hit a new high in the next month. 68% of the time, a new high was reached within three months. One interesting statistic is that after the index pulled back 5%, there was a 65% likelihood of seeing a new high before seeing the pullback reached the correction level of 10%.

SPX5to1950

This is already the second 5% pullback of 2025. The SPX also experienced a 5% loss from a mid-January high. This made me curious if the second pullback of 5% within a short period meant anything different. The table below summarizes the data following the second pullback within a three-month period. The returns out to six months weren’t much different from the returns after a general 5% pullback.

The main difference is in the 12-month return column. In the year after these second 5% pullbacks, there’s more underperformance. The SPX averaged a return of 6.4% over the next year with 63% of the returns positive. The table above shows the typical 12-month return after a pullback was 8.3% with 70% of the returns positive. In the 30 times the SPX had a second 5% pullback within three months, 67% of the time, the index reached a new high before correction territory.

SPX25to1950

Stocks After 10% Pullbacks

For future reference (and hopefully, not near future), the table below shows how the SPX has performed in the aftermath of a 10% pullback which is often referred to as correction territory. The second table below shows the typical returns for comparison (it’s the same table we saw earlier). Just like with 5% returns, this does not seem to be a tipping point where things get significantly scarier.

Also, just like with the 5% pullback data, the short-term returns tended to outperform compared to normal market returns then the one-year returns slightly underperformed. However, in the case of a 10% pullback, it was basically a coinflip whether you see a new high next or a 20% loss from the high which is considered a recession. Specifically, 15 out of 29 times a new high was reached before the 20% pullback level was reached.

SPX10to1950

Published on Mar 4, 2025 at 4:27 PM
Updated on Mar 4, 2025 at 4:28 PM
  • Market Recap
 
Published on Mar 4, 2025 at 12:58 PM
  • Buzz Stocks

The stock market is selling off, with Canada and China retaliating against President Donald Trump's tariffs, and Mexico promising to announce its response on Sunday. Consumer goods stocks Procter & Gamble Co (NYSE:PG), Colgate-Palmolive Co (NYSE:CL), and Kimberly-Clark Corp (NYSE:KMB) are evading losses, though, as investors rotate into cyclical names and out of tech.

Selloff Chart

PG Eyes 4th-Straight Gain

PG was last seen up 0.9% to trade at $177.17, and earlier gapped to its highest level since November. The shares are pacing for their fourth-straight daily gain, and finished six of the past seven weeks with gains, contributing to their 11.2% year-over-year gain.

CL Topples Resistance

CL shed 13.5% in the last six months, but is up 0.5% to trade at $93.28 at last check -- its highest level since early December. The equity is staging a bounce of a Feb. 18, 52-week low of $85.32, and looking to consolidate above the 100-day moving average after yesterday securing its first close above the trendline since October.

KMB Boasts Technical Support

KMB is up 0.2% at $143.72 at last glance, trading at its highest level since October and on track for its fifth gain in the last six sessions. Support at the 20-day moving average has contained several pullbacks since January, with the stock also toppling overhead pressure at the $140 level, which capped its January rally. So far this year, KMB has added 9.4%.

Published on Mar 4, 2025 at 12:46 PM
  • Quantitative Analysis

Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 2.7% to trade at $88.13 at last glance, brushing off today's headwinds, though it was earlier on track for its seventh loss in nine days. A short-term bounce stock back up toward its Jan. 23 all-time high of $127.48 could also be in the cards, as the equity is flashing a historically bullish signal on the charts. 

Per Schaeffer's Senior Quantitative Analyst Rocky White, MRVL has pulled back to its 260-day moving average. Specifically, the stock is within 0.75 of the trendline's average true range's (ATR), or 20-day ATR, for the first time in at least eight of the past 10 trading days, after spending at least 75% of the last six months above it. 

MRVL Mar4

Marvell Technologies stock has seen five similar signals over the past three years, after which it was higher one month later 80% of the time, with an average 11.6% gain. From its current perch, a similar move would push the security back up near $95.  

Furthermore, MRVL's 14-day relative strength index (RSI) of 22.5 stands in "oversold" territory, which is typically indicative of a short-term bounce. Year over year, the equity is up 11%. 

Published on Mar 4, 2025 at 12:20 PM
  • Quantitative Analysis
 

Begin the New Year With Schaeffer's 7 FREE 2022 Stock Picks!

1640638248

 


MORE | MARKETstories


Trump's 'Golden Dome' Places 3 Defense Stocks in Focus
L3Harris shares are enjoying tailwinds today
3 Oil Stocks You Should Be Watching
EQT, TTE, and FANG are three oil & gas stocks investors should know