12:45pm (EST) Cree (CREE, $61.85, down $13.91) shares are down 18% and have dipped below $60 to $59.87 today after lowering guidance. The company reported earnings after the close on Tuesday that matched Wall Street’s estimates for the most part but lowered current quarter guidance. Earnings per share came inRead more
Cree (CREE) Crumbles After Lowering Outlook/ New Trade (QQQ)
Bears Crack First Wave of Support
Terrific Tuesday’s Continue to Save Bulls
11:50am (EST) The market is enjoying its best –day gains since the beginning of the year as all of the major averages are showing strong gains. We mentioned last week the suit-and-ties that decided to take an extended vacation could miss another ride to the upside and today’s start hasRead more
Bears Going for Hat Trick
Major Earnings After the Close/ Profit Alert/ 4 New Trades!!!
12:05pm (EST) Friday is shaping up to be a big day in the market as there are 3 major Tech companies reporting after the closing bell. International Business Machines (IBM, $208.62, down $1.05), Google (GOOG, $768.52, down $14.04) and Microsoft (MSFT, $28.71, down $0.12) will confess their numbers to theRead more