Fed statement has "no surprise" Growth trimmed slightly & no mention of ending stimulus.
S&P 500 @ 1691.98, high 1696.75
Internals are mixed
Oil UP $1.56
Gold Down $10.20
Canadian $ UP 19 tick @ 97.12
VIX UP .15% @ 13.41
Portfolio AMD CLF MU AUY
AUY reports AH,
cc Thursday @ 830 AM
AUY expected to report Sales of $484.64 million, EPS @ 10 cents
Guidance expected Sales $586.73 million, EPS 11 cents
Hoping for an in-line report & guidance....
Most stocks are down
@ 2.15 following are green :
AMD MU KORS CSIQ WLT GMCR NFLX SODA
TSLA RDN BAC BBRY CMG M PANW BIDU
LNKD MA GRPN WPRT FNSR FSLR C
SINA MGA MS MLNX Z GS ......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
One lesson I learned from SODA...trust my gut. I held onto TRLA despite crazy weakness for much of the day (which is often a bad signal for earnings)--it closed well off the lows and is up another $2 in after hours currently.
Stocktrader
Hi Stocktrader,
TRLA is UP almost 9%.....
YES..always listen to "inner voice"
Saleem
Hey Saleem,
Based on the TRLA conference call, there appears to be several drivers of future growth as their platform develops further.
Monthly, and specifically mobile, unique visitor growth remains impressive (49% and 100% YoY), paying subscribers growth accelerated versus Q1 (49% YoY in Q2 versus 42% YoY in Q1), average RPU growth continues strong (31% YoY), and a recently announced software acquisition that closes in Q3 will add additional value for subscribers in upcoming quarters.
If it looked like there was an upcoming deceleration or competitive issues ahead, I'd be open to selling at these levels, but truly I think Trulia has a lot of runway left in growing users, subscribers, revenues, and profits.
Stocktrader
Hi Stocktrader,
TRLA looks like it is on upward trajectory......I have been monitoring this stock since your purchase.
When funds are available, i will be looking @ TRLA.....
Saleem
Post a Comment