Miles J. Stoner, @StockHollywood

Dallas, Texas

4.18.2012

April 19 - Thurs. "Rock Steady"

FFIV - beat this quarter and sets in line for next, 1.12 - 1.14 v. 1.14 eps, and 350-355 v. 353m rev, if you can buy 126's then do so, but I'd rather play the short on a parabolic push over 133, which was ah's resistance.
VMW - 1.06 v. 1.02b rev, .66 v. .60 a clear beat and , 116.5 was top, I'd be long until that spot, try to buy 112-113's.
QCOM - 4.9 v. 4.86b a beat on rev. 1.01 v. .96 a beat on eps, had a nice bounce off 62.5, reason why its not running is cause next quarter outlook was .83 - .89 v. .90 on eps, and 4.45b - 4.85b v. 4.8b on rev, so out look was slightly down. Look to short any move above 65, I think this one will work out like CREE today.
CHK - should push higher despite massive debt, I thin we see it run towards 19 and 20 before it comes back down, too many bears right now, they'll get squeezed short term.
ILMN - should be in play, had a good range in it today. Look for this to push towards 47-49 before you short it.
THURSDAY, April 19
Extended-Hours Earnings: AMD, ALK, ADS, ALTR, ARB, BAC, BAX, BBT, BX, BSX, BLDR, COF, CPHD, CMG, CB, COBZ, CY, DHR, ETFC, DD, EFII, EMC (EMC:$28.87,$-0.33,-1.13%) , ENTG, EZPW, FCS, FITB, FWRD, FCX, FSL, GDI, HOMB, HUBG, IBKR, XXIA, KEY, LH, LSCC, LAYN, MSFT, MS, NCR, NYT, NUE, PENN, PXLW, PPG, RMTR, RVBD, COL, SNDK, SON, LUV, TAYC, TPX, TRV, VZ, UNP, VMI, ZHNE.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Existing Home Sales; Philadelphia Fed; Leading Indicators.

FRIDAY, April 20
Extended-Hours Earnings: AOS, AEP, GE, HON, IDXX, IR, KMB, MAN, MCD, SLB, SXT, UA.