JNJ, IBM, FCX: Earnings Just Released & Technical Trends

Johnson & Johnson (JNJ) earnings were released today, premarket. Its adjusted EPS came in at $2.80 versus an estimated $2.61 and revenue came in at $25.53B versus an estimated $24.68B. JNJ is up over 11% from its 52-week low. IBM Corp. (IBM) earnings were also released today. Its adjusted EPS came in at $2.18 versus an estimated $2.00 and revenue came in at $15.47B versus an estimated $15.54B. IBM is up 20% from its 52-week high. Finally, Freeport-McMoran (FCX) earnings were released today as well. Its adjusted EPS came in at $0.35 versus an estimated $0.28 and revenue came in at $5.74B versus an estimated $5.65B. FCX's 2Q copper production came in at 1.1B pounds. Renita Young weighs in and Rick Ducat goes over technical trends investors should know about these stocks. Tune in to find out more about the stock market today.