Category Archive for ‘Daily Update’

April 23, 2008

Wednesday's Earnings Watch

by Rick Rouse / No Comments / Posted in Earnings, Daily Update

There’s quite a few big-time names reporting today and you can expect they will have an impact on the market. Amazon.com, (AMZN, $79.60, down $0.58). After beating estimates for a few quarters on its way to $100 a share, Amazon could face an uphill battle if earnings are only in-line.Read more

April 22, 2008

McDonald's Earnings

by Rick Rouse / No Comments / Posted in Daily Update, Earnings

McDonald’s (MCD, $58.31, down $0.37) reported earnings this morning and despite overall good numbers the stock is trading lower. The company said earnings grew 24% as net income reached $946 million, or $0.81 a share, helped by strong international sales. However, investors focused on the fact that sales fell slightlyRead more

April 22, 2008

Intrepid Potash IPO

by Rick Rouse / No Comments / Posted in Daily Update, IPOs

Every now and then an IPO (initial public offering) comes along that you know the minute it becomes public the demand is going to be strong. Some IPO’s go on to be huge winners like Chipotle (CMG, $118.28), Google (GOOG, $537.79) and Mastercard (MA, $236.00). Intrepid Potash (Ticker Symbol: IPI)Read more

April 22, 2008

Netflix Fails to Impress

by Rick Rouse / No Comments / Posted in Daily Update, Earnings

I said yesterday before the market closed to be aware of Netflix (NFLX, $39.32, up $0.76) going into earnings. I mentioned the stock could fall victim to the classic “buy the rumor, sell the news” event and that is what appears to be transpiring. Despite reporting the company’s biggest increaseRead more

April 21, 2008

Stocks on the Move

by Rick Rouse / No Comments / Posted in Daily Update

Apple (AAPL, $164.37, up $3.36) has added 15 points over the past week and is set to report earnings Wednesday. Expect continued improvement with Mac sales while a continuing decline in iPods is expected. The option chains are full of action as people place their bets on where Apple willRead more

April 21, 2008

Monday's Earnings

by Rick Rouse / No Comments / Posted in Earnings, Daily Update

Here’s a look at companies that are reporting today: Bank of America (BAC, $38.56). The company just reported earnings of $1.2 billion, or $0.23 a share on $17 billion in revenue. Analysts had expected earnings of $0.41 and revenue of $16.5 billion. Here again, a mixed report as earnings wereRead more

April 21, 2008

Week in Review

by Rick Rouse / No Comments / Posted in Daily Update

6AM Week in Review Last weekend (4/12) we discussed the Airline Sector and I was pretty negative on it. Here are the big three with their closing stock price from Friday (4/11) to Friday (4/18): AMR Corp’s (AMR, $9.48, $8.77) Delta (DAL, $10.01, $8.75) Northwest (NWA, $10.96, up $9.69) DeltaRead more

April 18, 2008

Microsoft Breaks $30

by Rick Rouse / No Comments / Posted in Daily Update, Yahoo / Microsoft

When Microsoft (MSFT, $30.01, up $0.79) announced plans to buy Yahoo (YHOO, $28.51, up $0.48) back in February the stock was trading for $32.60. Sure, you can expect a drop in the acquiring company’s stock price and a premium in the company that is being acquired. After analyzing the deal,Read more

April 18, 2008

Google Should Have Been Strangled

by Rick Rouse / No Comments / Posted in Google, Daily Update

What a morning. As I mentioned in the blog last night, Google (GOOG, $536.40, up $86.86) was up over $80 in after-hours trading and settled at $525 by 8PM. Those gains held as the stock opened at $535. The April 500 calls (GOPDO, $39.00, up $38.45) and the May 500Read more

April 17, 2008

Google Up Strong After the Close

by Rick Rouse / No Comments / Posted in Daily Update, Google

Google (GOOG, $449.54, down $5.49) closed down a little over 1% today but is jumping big-time in early after-hours trading. The company reported 1Q income $1.3 billion, or $4.12 a share, up from $1 billion, or $3.18 cents a share, compared to last year’s 1Q numbers. Impressive. The stock was upRead more

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