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Thursday 18 July 2013

Stocks to Watch- American Express, eBay, Intel, IBM

Earnings report
American Express beats estimates but revenue is below expectations
eBay only meets estimates but warned of "headwinds" later this year
Intel barely meets estimates but lowered forecasts
IBM beats estimates but revenue misses estimates

All above stocks are down during pre-market except IBM
Pre-market/Stock futures focuses further ahead of the future
Therefore, all 4 stocks above might go up when market opens, because it doesn't focus too far ahead
All met expectations & prices are low now (excluding IBM)
Unemployment claims are also better than expected

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