US Stock Futures Fall Ahead Of Earnings, Jobless Claims Data


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Pre-open moversUS stock futures dropped in early pre-market trading, ahead of earnings from several major companies. Data on weekly initial jobless claims will be released at 8:30 a.m. ET, while the general conditions index of the Philadelphia Fed's Survey for April will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 35 points to 16,296.00, while the Standard & Poor's 500 index futures fell 3.30 points to 1,849.50. Futures for the Nasdaq 100 index declined 5.25 points to 3,496.25.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index falling 0.58%, London's FTSE 100 index dropping 0.08% and STOXX Europe 600 Index slipping 0.25%. German DAX 30 index declined 0.20% and French CAC 40 Index fell 0.10%.Asian markets ended mixed today. Japan's Nikkei Stock Average declined 0.15 points, Hong Kong's Hang Seng Index rose 0.28%, China's Shanghai Composite fell 0.30% and India's BSE Index jumped 1.54%. Broker RecommendationAnalysts at Pacific Crest upgraded Netflix (NASDAQ: NFLX) from “sector perform” to “outperform.” The target price for Netflix is set to $500. Netflix's shares closed at $331.41 yesterday. Breaking news
  • DuPont Co (NYSE: DD) reported a 57% decline in its first-quarter earnings. DuPont's quarterly profit slipped to $1.44 billion, or $1.54 per share, compared to a year-earlier profit of $3.35 billion, or $3.58 per share. To read the full news, click here.
  • General Electric Co (NYSE: GE) reported a drop in its first-quarter profit. GE's quarterly profit fell to $3 billion, or $0.30 per share, versus a year-ago profit of $3.53 billion, or $0.34 per share. Its operating earnings came in at $0.33 per share. To read the full news, click here.
  • Post Holdings (NYSE: POST) today announced it has agreed to acquire MFI Holding from affiliates of GS Capital Partners, affiliates of Thomas H. Lee Partners and other owners. To read the full news, click here.
  • Schlumberger (NYSE: SLB) reported a 26% gain in its first-quarter earnings. Schlumberger's quarterly profit surged to $1.59 billion, or $1.21 per share, versus $1.26 billion, or $0.94 per share, in the year-ago quarter. To read the full news, click here.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsPacific CrestUS Stock Futures