Friday, October 15, 2010

Futures Point to a Flat Open...GOOG Up 50 After Better Than Expected Earnings...

ES -1.75 and NQ +1.00 are mixed about 90 minutes before the open...GOOG is up 50.12 after reporting better than expected earnings...STX is up 2.50 on takeover talks...

TLT is up 19 cents and the EURO is up 19 pips...

Today is the last day of trading before October options expiration...

SPX
Resistance: 1,182, 1,190
Support: 1,170, 1,148, 1,130

Quoting Down - INFY, CTXS, ORLY, EXPD, WCRX, FSLR, URBN, CEPH, POT, ACN, ESI, CMG, HAS, CHL 
 
Quoting Up - GOOG, PCLN, STX, BIDU, AMZN, AAPL, NTAP, ESRX, SIAL, GILD, COST, CTSH, CTAS, EBAY, ISRG, SRCL, FWLT, BBBY, CELG, AKAM, BRCM, VOD, NFLX, BA, RVBD, FFIV, HLS, DE, VECO, CRM, WFMI, CAM, SWK, FLS, GMCR, JEC, CSTR, VMW, AGU, MCD, ZION, ATI, TIE, URE, WHR, MA, V, FDX, SWN, AMD

2 comments:

Judy said...

Good morning Dave! WOW Google is certainly shooting up this AM. Last quarter they seemed to shoot up before reporting and then drop after. This quarter just the reverse. What a fun stock to watch. Earnings are so unpredictable for me. Never know what to expect. I hope over time I will know what to do when earnings roll around and they will. Right now, watching what happens and recording it in my memory seems to be the best action for me. Looking forward to the WSWU. Have a great weekend. Judy

Anonymous said...

Yet, another fabulous week of wonderful results, thanks to you, Dave!! That's 5 weeks out of 7, with "Sweet" profits. And 2 weeks of small losses! Nice...
Sure do miss you in your online classes...
Scott L of Nashville