Wednesday, April 19, 2006

Stocks Reporting Earnings

Yesterday the earnings were "better than expected." Today after the close Ebay (EBAY) and Juniper (JNPR) disappointed. Apple (AAPL), Freescale (FSL), Silver Wheaton (SLW), and Etrade (ET) reported better than expected earnings. Intel (INTC) reported inline.

* 10-yr note -11/32 at 5.03%
* Earnings reports better than expected (e.g. IBM, TXN, YHOO, PFE, KO, HON, UTX, JPM)
* March core CPI rose stronger than expected 0.3%, stalling enthusiasm about whether or not the Fed will end its tightening after just one more hike at its May 10 meeting
* Oil prices closed at new record above $72/pbl following an unexpected draw down in crude inventories

Note: I am long KO, SLW, & ET


Blogger Aditya Kumar SIngh said...

Hello sir,

I really love your blog... its nice. keep posting. And please see my stock market blog "Successful Investing" also.


4/20/2006 8:17 AM  
Blogger Big Ben said...

Thanks for the comment.

4/20/2006 9:57 PM  

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