AAPL was the star of the day as it BLEW past earning estimates and is being amply rewarded UP $8+.AAPL conservative guidance was slightly below analyst consensus which is the NORM..and AAPL will beat it again handily in Q3.
The important take away from AAPL CC is that they are expecting upward prices for nand flash & memory in june...........which makes me happy because I own SNDK which will benefit the most.
SNDK is also UP AH because they are in partnership with a German company Qimonda AG to make multiple chip package for mobile phones.This will use SNDK flash memory along with dram from Qimonda AG.I think stars are aligned for SNDK going forward as Nand is firming UP.
FFIV came up with stunning earnings and is UP also $8++ this bodes well for CSCO which I purchased today.FFIV also operates in a networking environment.CSCO earning is on tuesday.
Added 40% MOL.TO. A Molybdenum metal exploration/producing company.
Added 35% RAL.TO. An Oil producer in Egypt & Gas producer in Pakistan.
The disaster of AH was AKAM which tumbled $6.
WEN is Up almost $4 .
NTRI UP $8 AH.
Before open NYX reports.
Great day for markets Dow UP big & blew past 13K.
Nasdaq new 52 week high..S&P soon to follow.
Suggest diversified portfolio in this strong UP moving markets.New HIGHS gets more new HIGHS $$$.
Please do your own due diligence.BLOG does not give buy or sell on any stocks listed above. My opinion are for educational purpose only.
Good luck on your trades.
Saleem
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