12:50pm (EST) Intel (INTC, $19.88, up $0.04) and Advanced Micro Devices (AMD, $6.51, up $1.19) have buried the hatchet after agreeing to end all outstanding legal disputes between the companies, including antitrust litigation and patent cross license disputes. This was certainly a surprise and as you can see, investors thinkRead more
9:15am (EST) Wal-Mart (WMT, $52.97) reported 3Q earnings before the bell that came in better than Wall Street’s expectations. The world’s largest retailer posted a profit of $3.24 billion, or $0.84 a share. Expectations were for 81 cents, so the company beat by 3 cents. For 4Q, Wal-Mart sees earnings coming inRead more
1:00pm (EST) Toll Brothers (TOL, 21.13, up $2.74) is up 15% today after surprising Wall Street with some rather upbeat comments ahead of its earnings. The company said its new contracts are up over 40%, and that it expects 4Q revenue will top the Street’s expectations. Revenue for the company is expected to comeRead more
11:30pm (EST) Current subscribers, we have a NEW TRADE in the Members Area and it is a play on retail. ]]>
1:15pm (EST) Priceline.com (PCLN, $205.11, up $31.38) is up 18% today after releasing third quarter earnings that easily beat Wall Street’s estimates by a wide margin. The company reported earnings of $3.45 per share which was 55 cents ahead of projections. Revenue came in at $731 million, ahead of the estimates of $694 million. HereRead more
10:15am (EST) Sorry for the late post today folks but we wanted to see Priceline.com (PCLN, $199.46, up $25.73) open this morning. And we are glad we did. Current subscribers just banked a 350% profit…check the Members Area… ]]>
9:15am (EST) Futures are pointing towards a strong open after some upbeat comments from the G20 meetings. News that the Group of 20 countries have agreed to keep their economic stimulus measures in place has put the bulls on the attack as the Dow futures are 82 points ahead of the openingRead more
9:00am (EST) We are looking at a slightly negative open with futures trading lower this morning. Around the globe, the Asian markets have posted impressive gains but the major European exchanges are experiencing a decline. As a result, Dow futures are currently down 39, or 0.4%, to 9,276. The S&P 500 futures are off by 5, or 0.3% toRead more
1:40pm (EST) Priceline.com (PCLN, $107.27, up $2.37) reported earnings this morning that were better-than-expected. The stock has doubled from its November low of $45 and is right at support/resistance. Before the breakdown to the November low, shares had built a solid base between $100-$110. Once $100 was broken, it wasRead more
