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Thursday 31 October 2013

Stocks to watch

Facebook reported earnings that beat estimates & strong growth in mobile advertising but said it didn't plan on boosting ads frequency
Stock dropped from 49.01 to 46.44
Analysts raised FB's price target
Look to buy FB below 50.0 as it might rebound

Visa reported a sharp drop in earnings
Stock dropped from 203.82 to 198.69

Mastercard's earnings rose 14%
but stock is down from 724 to 720

Exxon Mobil's profit decreased 18% but still beat expectations
Stock is up from 88.81 to 89.85

Trading will be risky & volatile today as it's the end of the month
Stocks will most likely go down at the end of the day
Trade cautiously

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