This Day On The Street
Continue to site
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

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 - Get Report) 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

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.
[Read: <a target="blank" data-add-tracking="true" href=""><em> Twitter Is a Lot Like Netflix</em></a>]

Humana (HUM - Get Report) ($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.
[Read: <a target="blank" data-add-tracking="true" href=""><em> How I Kissed My Credit Card Debt Goodbye</em></a>]

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HUM $168.39 -0.01%
RL $125.61 0.50%
AAPL $118.03 -0.71%
FB $105.41 -0.31%
GOOG $748.15 -0.02%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs