This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Ralph Lauren Soars While Chesapeake Sours After Quarterly Results

NEW YORK (TheStreet) -- Earnings volatility continued following last Wednesday's quarterly results from the eight companies I profiled pre-earnings last Tuesday. Luxury retailer Ralph Lauren (RL) was the biggest winner premarket gapping above its 200-day simple moving average, but by the end of the week this stock was back down to its 200-day. After opening higher Chesapeake Energy (CHK) then fell below its 50-day SMA.

On Tuesday I wrote Humana and Molson Coors Earnings on Tap Wednesday and four of the eight stocks profiled had yo-yo reactions to their earnings results. The health care stock in the headline opened lower then snapped higher. The beer maker in the headline did the opposite setting a new multi-year high then cracked below its prior high. There were no upgrades and downgrades among these eight stocks according to www.ValuEngine.com.

Today's Earnings Scorecard

Chesapeake Energy (CHK) ($25.71) beat EPS estimates by a penny earning 43 cents a share premarket on Wednesday. The stock opened higher but then broke below its 50-day SMA at $26.87 with a low of $25.19 on Tuesday. The hold rated oil and gas company has a semiannual value level at $24.77 with weekly and monthly risky levels at $27.09 and $27.19.

Humana (HUM) ($95.19) beat EPS estimates by 15 cents earning $2.31 per share premarket on Nov. 6. The buy rated healthcare services provider opened to a day's low at $91.34 then snapped back above its 50-day SMA at $94.64 trading as high as $97.36. My annual value level at $91.58 held at the low with a monthly risky level at $102.71. Buy-and-trade investors had a trading opportunity with this buy rated stock.

Lamar Advertising (LAMR) ($48.87) beat EPS estimates by a penny earning 19 cents a share premarket on Wednesday. The hold rated outdoor based advertising company set a new multi-year high at $50.16 in reaction to this report. My monthly value level is $44.73 with a semiannual pivot at $48.85 and a weekly risky level at $51.39. My semiannual pivot proved to be a magnet in a yo-yo reaction to earnings.

Qualcomm (QCOM) ($67.45) missed EPS estimates by 5 cents earning 91 cents in afterhours trading premarket on Wednesday. The stock closed above $69 that day and cracked below its 50-day SMA at $68.19 on Thursday trading to a low of $66.25, as my semiannual value level at $67.26 became a pivot or magnet. The hold rated provider of digital wireless communications products has an annual value level at $64.58 with the semiannual pivot at $67.26, with a weekly pivot at $67.75 and quarterly risky level at $77.02.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs