Market 2018-05-10 (NVDA, IQ, LB, and more)

Another day of broad rally, not only in stock market, but also bonds and commodities.

Treasury: 30-year +0.44%. 10-yr +0.14%. 5-yr +0.04%. TLT +0.8%.

Crude +0.35% to $71.39. Gold +0.6% to $1,320.90.

Winners

IQ +11.3%. GS initiated 2 days ago at Buy rating and $23 PT. It finished @ $20.72 today. BIDU +2.8%.

UBNT +11%, after reporting Q3 EPS of $0.98 beats by $0.05. Revenue of $250.4M (+14.7% Y/Y) beats by $2.48M. New $200M buyback.

CTL +7.5% after reporting Q1 EPS of $0.25 beats by $0.07. Revenue of $5.95B (+41.3% Y/Y) misses by $50M.

Petrobras PBR +7.1% upgraded by BAML to Buy.

NVDA +1.7% rised to all-time-high ahead of ERs. MU +3.2%, SOXX +1.8%.

 FB +1.6% carries its momentum after ER; AAPL +1.4% new All-time-high, GOOG +1.4%...

Losers

LB -7.2% on updating Q1 earnings guidance to lower end. Other retailers are also affected: M -2.4%, KSS -1.4%, JWN -1.4%, GPS -1.4%...

 BKNG -4.7% despite ER beats.

 ALB -3.3% despite ER beats.

Earnings in AH

Nvidia (NVDA): Q1 EPS of $2.05 beats by $0.60.
Revenue of $3.21B (+65.5% Y/Y) beats by $310M.
Shares -2.5% at certain point, bourncing back a little now.

 Yelp (YELP): Q1 EPS of -$0.03 beats by $0.02.
Revenue of $223M (+13.0% Y/Y) beats by $2.83M.
Shares -4.6%.

Dropbox (DBX): Q1 EPS of $0.08 beats by $0.06.
Revenue of $316.3M (+27.6% Y/Y) beats by $7.6M.

My Trades Today

Sold CVS

Bought LB @ $30.8

A few day-tradings.

Comments

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