Saturday, December 14, 2013

Twitter Rises 30% - Weekly Review & Preview

    

We had a very interesting and profitable trading week in  the Online Trading Room - Mostly in Social Media Stocks  with $FB Facebook rising on an add to the S&P 500 Cash Index. Facebook closed well, has multiple white shu firm $62 plus price targets, has all time highs just above at $54.75 and solid relative strength.

$TWTR had an extreme 30% move with RBC raising their price target $27 points to $60. I suspect these stocks to continue much higher presently.

I'll Be back on the Wall Street Desk this week if anyone needs to discuss trading, upcoming education, or yearly reviews. 

For continually updated headlines, market updates and positions,  follow us on Twitter and Stocks Twits at TimKelleherCorp

Thanks for checking...Tim

Currently Long $FB Facebook & $TWTR Twitter






Late Friday Post Market Headline
$TSLA Tesla Motors plans to debut cheaper sedan in early 2015
Full story link http://timothykellehercorp.blogspot.com/2013/12/tesla-to-introduce-40k-sedan-in-2015.html


REVIEW & PREVIEW -- Barron's -2-
Dec 14 at 00:09


      -- Housing starts are reported. Blitz sees a pace of 960,000, ahead of the
950,000 expected by the Street, driven by against the broader markets strength in multifamily starts.
      -- Oracle, FedEx and General Mills report quarterly earnings.
      Thursday 19
      -- December Philly Fed Index is expected to jump to 10 from a previous
6.5; Blitz expects it to be as high as 12.
      -- Weekly jobless claims are released.
      -- Existing-home sales are expected to fall to five million from a
previous reading of 5.12 million.
      -- Nike, Carnival and Accenture post results.
      -- Dennis Rodman heads to North Korea for a third round of basketball
diplomacy.
      Friday 20
      -- A two-day European Council Meeting comes to a close in Brussels.
      -- Walgreens and CarMaxreport quarterly earnings.
      -- Before the end of the week, the Senate will vote on Janet Yellen's
nomination to head the Federal Reserve.
      -- The Bank of Japan announces monetary-policy decision following a
two-day meeting.
      -- V.F. Corp splits, 4-for-1.


 Coming Earnings

Day                    Quarter  Consensus   Year   Ticker
                                  Estimate    Ago
M
Carnival                  4Q       $0.00    $0.13    CCL
Park Electrochemical      3Q        0.28     0.25    PKE
T
Sanderson Farms           4Q        2.15     0.41    SAFM
Factset Research Sys      1Q        1.23     1.11    FDS
Verifone Systems          4Q        0.26     0.76    PAY
Jabil Circuit             1Q        0.55     0.61    JBL
W
Miller (Herman)           2Q        0.40     0.35    MLHR
Apogee Enterprises        3Q        0.34     0.28    APOG
Quanex Building Prod      4Q        0.14     0.05    NX
General Mills             2Q        0.88     0.86    GIS
Oracle                    2Q        0.67     0.64    ORCL
FedEx                     2Q        1.63     1.39    FDX
Paychex                   2Q        0.42     0.41    PAYX
Lennar Cl A               4Q        0.62     0.56    LEN
Th
KB Home                   4Q        0.45     0.10    KBH
Actuant                   1Q        0.46     0.41    ATU
Neogen                    2Q        0.21     0.19    NEOG
Red Hat                   3Q        0.35     0.29    RHT
Accenture                 1Q        1.09     1.06    ACN
TIBCO Software            4Q        0.39     0.42    TIBX
Marcus                    2Q        0.17     0.17    MCS
Worthington Indus         2Q        0.54     0.45    WOR
Winnebago                 1Q        0.37     0.26    WGO
NIKE Inc 'B'              2Q        0.58     0.57    NKE
ConAgra Foods             2Q        0.56     0.57    CAG
AAR                       2Q        0.48     0.44    AIR
Darden Restaurants        2Q        0.21     0.26    DRI
Scholastic                2Q        2.20     1.89    SCHL
Cintas                    2Q        0.68     0.63    CTAS
Bio Reference Labs        4Q        0.43     0.46    BRLI
F
CarMax                    3Q        0.48     0.41    KMX
Walgreen                  1Q        0.72     0.58    WAG
Finish Line               3Q        0.01     0.00    FINL

(Earnings are diluted and report dates are tentative. All forecasts
and historical numbers exclude extraordinary items by accounting definitions.)



Economic Calendar:

Consensus Estimate
Day   Time

                                                 Consesus Est  Last Period

M    8:30   Q3 Productivity (f)                     2.8%         1.9%
     9:15   November Industrial Production          0.5%        -0.1%
     9:15   November Capacity Utilization          78.4%        78.1%
T    8:30   November CPI                            0.1%        -0.1%
W    8:30   October Housing Starts                941,000      NA
Th  10:00   November Existing Home Sales            5.02 mil     5.21 mil
    10:00   November Leading Indicators             0.5%         0.2%
    10:00   December Philadelphia Fed Survey       10.0          6.5
F    8:30   Q3 GDP (f)                              3.5%         3.6%

Unless otherwise indicated, times are Eastern. a-Advanced; f-Final; p-

      Preliminary; r-Revised

Source: Bloomberg/FactSet




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