Chun Bong Lai's  Instablog

Chun Bong Lai
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+ loves to trade stocks + loves to travel + loves to take pictures + loves to teach + loves symbols + loves Lady Gaga
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Math365 Learning
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  • Conclusion for April 11 to April 15 0 comments
    Apr 17, 2011 10:00 PM | about stocks: GOOG
    Dow Jones Industrial Average from April 11 to April 15, 2011:
    From Yahoo Finance
    The Dows breaks 12,400 and drops to 12,200 before it rises again back to 12,350. The overall result is -0.55%.
    Nasdaq Composite from April 11 to April 15, 2011:
    From Yahoo Finance
    The Nasdaq drops to 2,740 and rises again to above 2,760. The overall result is -0.98%.
    S&P 500 Index from April 11 to April 15, 2011:
    From Yahoo Finance
    The S&P 500 drops to 1,305 and rises again to 1,320. The overall result is -0.89%.
    Notable company earnings for this week:
    1. Google (Nasdaq: GOOG)
    From Prophet Chart (GOOG)
    On Friday after Google announces its earnings, the stock gaps down about 50 points (from 580 to 530) – which is about 8.26%. GOOG Q1 EPS of $8.08 misses by $0.02 and revenue of $6.54B beats by $220M; GOOG rising operating expenses also an effect. I believe it is a good opportunity to buy this stock at 500 (if possible). If it breaks 500, it will fall to 450. This stock can reach up to 600. So, that’s 20% profit if you buy it at 500.

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    Stocks: GOOG
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