By Scott Gillette
January 29 2012
Email This
Monday
Netflix (NASDAQ:NFLX) was hit hard pre-market by Wedbush?s lack of confidence. Wedbush believes that Q1 earnings will be poor, and 2012 consensus estimates ill drop a buck a share. Piper Jaffray, for what it?s worth, is optimistic about Netflix, as they think the customer base will stabilize and ultimately grow again.
Don?t Miss: Netflix?s Streaming Service Comes Up Short for Movie Buffs.
Halliburton?s?(NYSE:HAL) results came in this morning, and although EPS and revenues beat estimates, the higher expectations of the market were not met. Interesting tidbit: unconventional oil drilling has twice as much activity as unconventional gas drilling.
Amgen (NASDAQ:AMGN): The entire pharmaceutical sector is being downgraded, and Amgen is no exception. Its stock has been downgraded to underweight by JP Morgan.
Earnings Report: PetMed Express Inc. Earnings: Shrinking Margins for Fifth Consecutive Quarter, Net Income Falls.
Sears Holdings Corporation (NASDAQ:SHLD): The performance of this stock has been remarkable: up 69% year to date, the stock jumped by 8% before coming down close to where it started at the beginning of trading. Some believe Sears is now in a classic short squeeze.
Southwestern Energy Co. (NYSE:SWN) popped along with other natural gas producers because the spike of prices and Chesapeake?s planned cuts in production.
Chesapeake Energy Corporation (NYSE:CHK): After sinking overnight to $2.20, natural gas futures jumped 6.4% in a matter of minutes. Apparently there were too many short-sellers in the natural gas market, and the market has taken care of them for the time being.
Tuesday
Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!
You Can't Afford to Miss These New Articles:
Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.
Click here now for your FREE trial to our acclaimed flagship newsletter:
heaven is for real chapter 11 bankruptcy chapter 11 bankruptcy big ten acc challenge 2011 john wayne gacy amr jack del rio fired
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.