Market 2018-05-08 (Iran Deal, BIDU, C, and more)

Pres. Trump confirms the U.S. will exit the Iranian nuclear deal. The U.S. will "institute the highest level of economic sanctions."

Treasury: 30-year -0.17%. 10-yr -0.17%. 5-yr -0.09%. TLT -0.1%.

 Crude -1.5% to $69.67. Gold +0.05% to $1,314.80. UUP +0.36%.

Winners

U.S. defense stocks rise on Iran deal exit, ITA +1.5%. NOC +3.8%, RTN +2.5%, LMT +2%, LLL +2.1%,  TXT +1.6%, GD +1.6%...

BIDU +3.6%. Goldman Sachs reinstates Buy rating with $319 PT.

OnDeck ONDK +9.2% after Q1 beats, FY view raised.

Big banks fight back. Activist hedge fund ValueAct Capital Partners has invested $1.2B in Citigroup over the last few months: C +3.7%, MS +1.9%, JPM +1.5%, WFC +1%, BAC +1%.

MLM +4.3% despite ER misses.

Losers

DISH -12.1%. Dish Network takes revenue hit as traditional subs drop.

CMCSA -5.6%: Comcast is preparing to challenge Disney's $52.4B deal to acquire most of FOX's film and TV assets, Reuters reports.

JD -4.6% as Q1 profits miss amid higher costs.

Camping World CWH -16.7% after reporting Q1 EPS of $0.41 misses by $0.01. Revenue of $1.06B (+20.2% Y/Y) beats by $10M. THO -9.8%, WGO -8.9%.

Earnings in AH

Walt Disney (DIS): Q2 EPS of $1.84 beats by $0.14.
Revenue of $14.6B (+9.4% Y/Y) beats by $490M with gains in every segment.

Occidental Petroleum (OXY): Q1 EPS of $0.92 beats by $0.21.
Revenue of $3.83B (+28.5% Y/Y) beats by $170M.
Shares +2.6%

Diamondback Energy (FANG): Q1 EPS of $1.64 beats by $0.05.
Revenue of $480.2M (+104.1% Y/Y) beats by $39.5M.
Shares -1.7%.

Monster Beverage (NASDAQ:MNST): Q1 EPS of $0.38 misses by $0.01.
Revenue of $850.92M (+14.7% Y/Y) beats by $3.92M.

TripAdvisor (TRIP): Q1 EPS of $0.30 beats by $0.14.
Revenue of $378M (+1.6% Y/Y) beats by $15.89M.
Shares +19.3%.

Wendy's (WEN): Q1 EPS of $0.11 beats by $0.01.
Revenue of $380.56M (+33.1% Y/Y) beats by $1.03M.
Shares -3.2%.

LendingClub (LC): Q1 EPS of $0.01 beats by $0.02.
Revenue of $151.7M (+21.9% Y/Y) misses by $1.05M.
Shares +1.8%.

Realty Income (O): Q1 FFO of $0.79 beats by $0.01.
Revenue of $318.3M (+6.8% Y/Y) beats by $8.2M.

SunPower (SPWR): Q1 EPS of -$0.20 beats by $0.13.
Revenue of $398.9M (-7.1% Y/Y) beats by $39.61M.
Shares -3.2%.

Applied Optoelectronics (AAOI): Q1 EPS of $0.28 misses by $0.05.
Revenue of $65.24M (-32.2% Y/Y) misses by $3.72M.
Shares -7.2%.

Jazz Pharmaceuticals (JAZZ): Q1 EPS of $2.98 beats by $0.20.
Revenue of $444.61M (+18.2% Y/Y) beats by $9.15M.

Overstock.com (OSTK): Q1 EPS of -$1.74
Revenue of $445.33M (+3.0% Y/Y)
Shares -2.5%.

Etsy (ETSY): Q1 EPS of $0.10 beats by $0.05.
Revenue of $120.91M (+24.8% Y/Y) beats by $1.59M.

My Trades Today

Sold QD

Sold MS and C, was afraid of Powell's talk. I am still holding JPM.

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