Tuesday, October 29, 2013

Indices are UP .19% to .61%.....NICE !!!!

Indices are trading UP on IBM additional $15 Billion buyback announcement. S&P 500 is @ another all time highs which is a good thing.

 S&P 500 @ 1769.57 near its high of the day of 1770.88

 Internals are positive.

 Oil Down 62 cents

 Gold Down $6.30

 Canadian $ Down 25 tick @ 95.43

 VIX UP .53% @ 13.38

 Portfolio AMZN FNSR JKS LNKD MU

 Most stocks are UP

 @ 2.13 following are red :

 AAPL TSLA CF CIEN AMCC CMG FFIV
YNDX KNDI GRPN WPRT CRUS
ZNGA JDSU TCK SPLK X
STLD EGO SLW GG 
AEM CSOD WLT 
Z WYNN AGU

 LNKD reporting AH.....expectations for Q3 Sales $385.41 Million & EPS of 32 cents
Q4 guidance expected Sales $438.08 Million & EPS 40 cents...based on history it should be another beat & guide UP for Q4.....

 BLOG does NOT give buy or sell

 Saleem

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10 comments:

  1. stocktrader_1996October 29, 2013 at 11:36 AM

    Hey Saleem,

    It's really a big night for growth stocks tonight: LNKD, YELP, TRLA, YELP, BWLD, CRUS, and SODA tomorrow pre-market.

    I think TRLA will do well monetizing based on what I heard last quarter in the conference call, but I'd be concerned about a "sell the news" based on sluggish forward demand for housing.

    I think SODA will tell a good story and give great Q4 guidance, but I'm not sure how Q3 might look--this could be a "buy the dip" name.

    Good luck to both of us tonight! :)

    Stocktrader

    ReplyDelete
  2. Stocks100October 29, 2013 at 11:42 AM

    Hi Stocktrader,

    YES..it is a growth stocks earning story tonight......i am sure most will do well as per past history.

    Good luck to you & please post cc highlights whenever you can....thanks

    Saleem

    ReplyDelete
  3. stocktrader_1996October 29, 2013 at 11:55 AM

    Hey Saleem,

    The X conference call starts in 5 minutes, but I'll miss most of it due to my afternoon daily pickup.

    I looked at the conference call slides, and preliminarily, it doesn't look like there's much catalyst for Q4 gains, although operationally they are doing fine.

    There is a case to be made that the new CEO is throwing the kitchen sink at guidance, so it has to be taken somewhat with a grain of salt. I wonder what the analysts will say tomorrow--most are negative on the name.

    Stocktrader

    ReplyDelete
  4. stocktrader_1996October 29, 2013 at 11:59 AM

    Hey Saleem,

    I forgot about BIDU and INVN tonight too!

    Stocktrader

    ReplyDelete
  5. Stocks100October 29, 2013 at 11:59 AM

    Hi Stocktrader,

    Thanks for your summation about X.

    Saleem

    ReplyDelete
  6. Stocks100October 29, 2013 at 12:00 PM

    Hi Stocktrader,

    There is fear that BIDU may be lackluster....

    Saleem

    ReplyDelete
  7. stocktrader_1996October 29, 2013 at 1:51 PM

    Hey Saleem,

    YELP seems good on this dip. I think the drop is mostly related to the secondary offering which should be gobbled up. I'm listening to the YELP call until the TRLA starts at 4:00 PM.

    TRLA's report is messy due to the acquisition, but earnings power in this and next quarter seems strong.

    Stocktrader

    ReplyDelete
  8. Stocks100October 29, 2013 at 1:54 PM

    Hi Stocktrader,

    TRLA is flying......

    LNKD was a beat but guiding low ..which they do every Q.....then they beat.....UPOD

    Saleem

    ReplyDelete
  9. stocktrader_1996October 29, 2013 at 3:16 PM

    Hey Saleem,

    I was really busy and didn't get to listen to TRLA's call as intently as necessary to add any further information. I'll try to listen tonight to a replay but may not get a chance. Sorry!

    Stocktrader

    ReplyDelete
  10. Stocks100October 29, 2013 at 3:28 PM

    Hi Stocktrader,

    Dont worry about TRLA cc...later is fine.

    Saleem

    ReplyDelete