AMZN's numbers possibly have given ETSY some life for now. ETSY's excs better have learned from their first report. This will go to $14 or $24 depending on it's earnings. This stock trades in it's own world no matter what the market is doing.
There is something wrong with the airlines they keep making lower highs recently not to mention the transports in general. I own DAL for awhile it's going nowhere it seems (they own their own refinery) and look at the action of all the majors today in a nice tape they all broke down intra-day. JBLU got an upgrade today so that hung in there. Short UAL anytime above $59-$60, DAL near $46, AAL near $42-$43 they cannot break out despite pretty good earnings and oil in the toilet again.
After INTC/ALTR you never know I doubt anything like that but $30 or above would seem like a realistic offer but will it get approval?
If they ran it comfortably above $20 which they did that would be a good thing but I also feared you may see some profit-taking at some point I think that's what happened. Tomorrow at this point it seems like a coin toss. MU takes seems to take 1 to 2 steps ahead and 1 step back now I believe.
The stock is not getting killed because they were light across the board but not by a lot in each case. I think you see price cuts with neutrals, outperforms or buys put on them that's what the analysts like to do in cases like this when a stock has been cut in half.
Across the board the guidance is light but not by much on each I think the stock closes somewhere just over $8 tomorrow they did project good growth numbers going forward. They believe the FTC lawsuit will be a hit in the short-term. I think this will be near $8.50-$9 by Friday or Monday.
I know utilities have been under pressure with the Fed lingering in the wings but explain what positive things Fanning has accomplished especially after being handed a gift from the administration going forward with the nuclear potential which has been a cost overrun debacle. The comments from SO about that was that it was the contractors fault. It's always a good sign when you point fingers no? SO's dividend is most likely safe based on their payout history but when shares drop from higher levels how do you measure what SO has actually given you?
Before the Fed I think MU is going to challenge $21 so far every little pullback has been bought.
With the HFT's anything is possible but supposedly on a Fed announcement day the markets are up near 80% of the time. That could happen if the Fed announces a rate hike in September but that would be 1pm CT.
growing part of the US miss on revenue by this much? Maybe Mr. Fanning can come on CNBC and smile away he interview with them and explain what a great quarter we had.