The Fed didn’t say anything new this week. The less yapping from them, the better
Case Shiller & Pending Home Sales Beat Estimates - Fox Business
The Chicago PMI increased to 52.3 in April, beating estimates for 50.
Weekly jobless claims slid to the lowest level since April 2000. Claims fell to 262k, beating estimates for 290k.
Let’s of Jello Moving On The Plate – Sloppy action in key sectors and key stocks.
A slew of Biotech Stocks Fell Hard Last Week
Social Media Stocks: TWTR, LNKD, & YELP Plunged After Lowering Guidance - Fox Business
Q1 GDP Grows at 0.2%, missing estimates for 1% - Fox Business
On average, economic data continues to miss estimates
Submitted By, Adam Sarhan
History shows us that some of the market’s strongest performers occur from big gaps UP on earnings and some of the weakest stocks gap DOWN after reporting numbers. This list separates the winners from the losers (so far) as we make our way through earnings season:
The big winners (so far) from earnings season include: Amazon.com ($AMZN), Netflix ($NFLX), Hasbro ($HAS), Domino’s Pizza ($DPZ), Sketchers ($SKX), Dunkin (Donuts) Brands Group ($DNKN), Microsoft Corp ($MSFT), O’Reilly Automotive ($ORLY), and YUM Brands ($YUM), Skywest ($SKYW), Web.com ($WWWW), Equinix ($EQIX), Styngenta ($SYT), Nutri System ($NTRI), Brink’s Co ($BCO), Teradyne Inc ($TER), Skyworks Solutions ($SWKS), GoPro ($GPRO).
On the downside: Twitter ($TWTR), Yelp ($YELP), LinkedIn ($LNKD), Constant Contact (CTCT), Accuray ($ARAY), Cooper Tire & Rubber ($CTB), Abaxis ($ABAX), Texas Instruments ($TXN), Buffalo Wild Wings ($BWLD), Baidu Inc. ($BIDU), Stratasys ($SSYS), Harman ($HAR), Nokia ($NOK), Travelers ($TRV), 3M ($MMM), Chipotle ($CMG), Pulte Group ($PHM), Biogen Inc ($BIIB), Generac Holdings ($GNRC), First Solar ($FSLR) and American Express ($AXP), just to name a few.
$AMZN lost 12 cents a share in Q1 2015 But the stock surged to fresh record highs. In addition to their thriving cloud business -
investors are bullish on their future.
Investor’s Edge: 05/01/2015 Listen to todays show by clicking here.
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Investor’s Edge: 04/29/2015 Listen to todays show by clicking here.