Thursday, October 30, 2014

Thursday Oct 30 outlook

Here are the earnings I'm watching from MW:
Avon Products Inc. AVP, +0.73%  topped Wall Street profit estimates as it reported positive results in Europe. Shares traded 6% higher but are now flat. Its average earnings move is 8%. It moved 1.62% last Q. Only 10% of the float is short.

Baidu Inc. BIDU, -1.93%  reported third-quarter profit that topped Wall Street expectations. Its average earnings move is 6% and it is currently flat after posting earnings. It moved 10.9% last Q.

AKAM is also out with earnings and is trading flat this morning. It usually moves 12% and last Q it moved -2.8%

Wednesday Recap:
936am - HPQ tweeted it was making a big announcement. The 36 calls popped from .22 to .38 in five minutes or so but dropped back to .20 after the announcement was made. They announced they would be entering 3d printing.

1136 - IBM stated it had a news announcement to make at 1145. The 167.5 calls went from .20 to .26 then traded below .20 after that. They announced a partnership with TWTR.

1210 - PETM had a t/o rumor. The stock was trading around 70.26 and popped to 71.75 and consolidated around 71.60 for about 10 minutes before trading higher to 72.75. It closed on the day t 71.50.

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