INTC earnings was the first out and everyone zeroed in on margin pressure....so it was taken down $1.10 in AH......
Then YHOO earnings came out and everybody zeroed in on slight reduction in Q3 guidance and same for the whole year......YHOO down $1.10......
I personally think that YHOO is deliberately UPOD...learned from AAPL....but when AAPL does everyone ignores it.....but for YHOO in AH there is a negative reaction.
YHOO CEO is saying that "nothing is sacred".....so they want to DEAL with all issues...which should bode well for future stock price of YHOO.
YHOO is throwing everything out in the open...like lowered margin from 40% to 37%....then they will try to BEAT those numbers......
I think that YHOO will show a better return on a 12 month forward basis...as far as stock appreciation is concerned......so it is a STRONG HOLD.
All stocks are down in AH based on the sentiments which looks NEGATIVE......GOOG turned negative $4 AH....
Overall my portfolio behaved well(positive) in regular hour.....
FDRY hit new 52 week HIGH.....but closed below high @$17.53 UP 11 cents.....
RIMM was strong and closed UP $3.53 @ $230.07....
CMED closed UP 59 cents @ $34.55....
TOL & ESLR were down 35 & 36 cents.....
UXG & SNDA closed down 3 & 6 cents....
Most of the solar stocks were down sharply including FSLR,TSL,STP & HOKU......
DOW,S&P & Nasdaq...closed LOWER than highs of the day.....DOW missing magic 14,000 by 30 points.......
Good luck on wed trades.
Please do your OWN due diligence....and stay DIVERSIFIED .....
BLOG does not give buy or sell.
Saleem
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