Earnings Charts for this Week
Today was a 2% up day for the market clothed in a .5% gain. The heavily shorted names led the way with some energy sector names rallying another 10%+ on top of yesterdays strong gains.
A stock like $CRR is soaring, but still has a long way to go to even think about recovering the losses from record highs.
I'm going to keep it short and sweet tonight. It was another great trading day. That $SSYS bounce was ever so majestic. Don't be surprised if this thing gets over $60 before weeks end.
$DIS is on fire tonight after a big earnings beat. My $DIS calls from yesterday at $.92 look to open at over $6 each, lucky for me I sold them out for a double earlier in the session. PHEW! $TWTR $38.50 calls, well almost any strike, are working well heading into Thursday's earnings report. Will we get a flop, like $TWTR's last report, or a rocket to $50 like its summer earnings report?
The big news this weekend was from Hewlett-Packard, a formerly dying PC and Printer maker who has seen its stock rally over 65% in the last year. I was spot on almost 2 years ago when $HPQ was spiraling lower when I said the stock would reverse course. It has reversed over 200% higher.
Who would have thought PC's and Printers would be in "such demand" these days?