Miles J. Stoner, @StockHollywood

Dallas, Texas

4.23.2012

April 24 - Tues. "Persevering Method"

NFLX - earnings were a beat, but company was still a loss. Estimates were .22 loss v. .08 loss, which is a beat, subscriber numbers weren't good, which is why they brought it down. Tbh regardless of the e/r numbers NFLX has a stigma with it lately that everyone thinks the company is bs. Lot of moving parts with this one, but if they stay in thier niche I think next e/r should rip the stock higher, I'm looking for play on washouts in a few days, but first we play the short where 88 stood as an ah's ceiling, look for it to crack back down to lower 80's, 83 sounds good.
BIG - more downside, although its a low float a target might be 37.5.
FONR - has no overhead so let it finish its run before you short this, could be early tomorrow, but I see one more push before she pulls, ideally 7+ area would be where I'd be looking to short, maybe the 7 fail, in all honesty if you look back 4 years it has resistance at 7.5, might be a spot to look to short or miss it.
GRPN - purely technical here, but I see it bouncing back towards 15 area over the next week or so, so this is a swing long idea.
ZNGA - put out some very strong #'s imo related to FB, although they weren't as blown out of the water as last time, still very strong and an integral part of the $ FB is earning, also its in a great technical spot for a long, look for the 9 cross and the 10 test for a trade.
TXN - topped Q1 estimates and had mixed guidance so this maybe enough to trade on both sides of the issue, if she uptrends most of the day look for the late day fade towards 1pm or later, if mkt is strong it prolly supports the long up to 34. 32 had good support for the long entry btw.
TUESDAY, April 24
Extended-Hours Earnings: MMM, ACPW, AFL, AKS, ALXN, AMGN, AMSG, ANEN, AAPL, T, BIDU, BYD, BWLD, CHRW, CGI, CE, CNC, CRDN, CIT, COH, CYMI, DDIC, DLPH, DV, DYAX, DRCO, EW, WIRE, ENTR, HLIT, HA, HSII, AWAY, HTCH, IEX, IIVI, ITW, IMN, IGT, IPCM, IRBT, ITC, JNPR, LCAV, LXK, LIFE, LNET, MANH, MHP, MRCY, MMSI, NBR, NSC, OSIS, PNRA, PVSW, QCOR, RSYS, RSH, RF, RFMD, R, SIAL, SMCI, TROW, ULTI, UIS, X, UTX, USNA, VASC, WU, ZIXI.
Economic Data: 9 a.m. Case-Shiller 20-City Index; 10 a.m. Consumer Confidence; New Home Sales; FHFA Housing Price Index.
WEDNESDAY, April 25
Extended-Hours Earnings: AKAM, ATI, ALGT, EPAX, ARRS, ACGL, ATMI, AN, BA, BVSN, CAT, CBZ, CRUS, CTXS, CLF, COHU, CVGI, GLW, CSGP, CROX, CCI, CYBE, DTLK, DAL, DBD, DPS, LLY, ELX, EFX, EQIX, EEFT, FICO, DAVE, GD, HOG, HES, HGSI, HURN, INFN, ISSC, ISSI, ININ, IDCC, ISIL, ITRI, JAH, JMP, KBR, LVS, LEAP, LCRY, LOGM, LO, LSI, LL, MTSN, MNI, MWV, MDCO, MDP, MSCC, MKSI, MOLX, MORN, NDAQ, NOC, OII, OC, QGEN, QDEL, RA, ROK, ROL, SLAB, SIX, SJW, SKX, S, STMP, STNR, SRCL, TER, CAKE, JNY, TSCO, TQNT, TUP, LCC, VMED, GRA, WLP, WLL, WMB, WPZ, XLNX.
Economic Data: 7 a.m. MBA Mortgage Index; 8:30 a.m. Durable Orders; 10:30 a.m. Crude Inventories; 12:30 p.m. FOMC Rate Decision.
THURSDAY, April 26
Extended-Hours Earnings: DDD, ABAX, AET, MO, AMZN, AM, APU, ABC, AMKR, AMLN, ANGI, AMCC, ASIA, AVID, BYI, CELL, BMY, BG, CAB, CCMP, CAMP, CELG, CERN, CLWR, CME, CCE, COHR, CSTR, CL, COLM, CPTS, CRAI, CRY, DECK, DLA, PROJ, D, DOW, ELNK, EMN, EHTH, EXPE, XOM, GR, GB, HW, HITT, HERO, INCY, INFA, IM, ITMN, IPG, JBLU, JRN, K, KLAC, LLL, BOOT, LMT, MXIM, MXWL, PCS, MCRL, MIPS, MWW, BABY, NTCT, N, OXY, OIS, ODFL, ASGN, OSK, PEP, PHM, SFE, SWY, SCSC, SIMO, SWKS, SWI, SOFO, SONS, CODE, SBUX, HOT, SYNA, TLAB, TSRA, TYC, UAL, UPS, UTHR, VRSN, VRTX, WM, WDC, WHR, ZMH, ZNGA.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Pending Home Sales.
FRIDAY, April 27
Extended-Hours Earnings: AAN, AXL, ABFS, B, CPN, CVX, CVH, COV, DTE, HELE, IMGN, IP, KKR, LPNT, MRK, NWL, PG, GT, WY, VFC, ZBRA.
Economic Data: 8:30 a.m. GDP; Employment Cost Index; 9:55 a.m. Michigan Sentiment.