Nasdaq leading the markets !!!!

Nasdaq maintained its strong momentum.

Nasdaq UP volume & advance finished UP 2 to 1......a strong performance.

As expected NTES & NCTY reported lackluster ER.

NCTY showed sequential decline in both rev & EPS.NCTY also came in below consensus on revenue.NCTY CTO is leaving.............but the stock is UP in AH......thanks to Citigroup.

NTES CC was a story of missed deadlines for TX2......and a MAJOR drop in AD revenue Q/Q & YOY..........not a very good picture.............expect NTES to test its lower end of trading range.

NTES CFO is also leaving.

Markets closed on softer note in DOW......but Nasdaq & S&P carried the day.

Lot of activity in AH in Casino stocks as per news of MGM...which was UP $10.

Canadian Markets will reopen tuesday after celeberating Victoria day.

Merger activity is heating UP...which is very healthy for the markets.....also proves that stocks are CHEAP.............and lot of Cash looking for DEALS.

TSL ER was very good which is a good indication for STP guidance for next Q.

KONG ER was BELOW expectations and guidance was also below..DOWN 12% AH.

Good luck for tuesday.

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