Electronic Arts (ERTS) As expected earnings terrible and in my opinion going to have a very rough 2006. Stock trades different than most, any good news sends this thing right back up. It’s as if the bad news is baked in. But at 50 times earning in 2007 I can’t see how. I am short but watching closely.
Amazon (AMZN) Getting hammered in premarket. I’m a buyer at 36
Intuitive Surgical (ISRG) Crushed estimates but expectations are so high the are impossible to meet. Great stock, numbers great, just high expectations.
Intercontinental Exchange (ICE) Volume up 70%. The data out of the exchanges has been fantastic. I hope they can keep it up. As usual, keep an eye on ISE and OXPS, the leaders in options.