The RealMoney contributors are in the business of trading and investing all day on the basis of ongoing news flow. Below, we offer the top five ideas that RealMoney contributors posted today and (if applicable) how they played those ideas.
By Ken Wolff
8:42 a.m. EDT
is gapping up this morning, futures in positive territory after a day of early selling and dip buyers coming in to take us up all afternoon. ...
came in above expectations which is giving us a nice boost. ... I saw what I consider signs of a top on Wednesday but as with any topping market we can see some big spikes up and down. ... I am going to look for about 10 to 20 cents in selling and a pop to QQQQ 44 if the market is going to be a strong one. I am seeing some suspicious gaps that would indicate more selling than predictable, such as
By Alan Farley
8:53 a.m. EDT
In line with my
column earlier this week, any pullback to the
, whether today or in the next week, should mark a great buying opportunity.
By Sham Gad
9:00 a.m. EDT
apparently deferred 12 cents in this quarter, so EPS were actually 52 cents. These numbers, without the aid of Windows 7, which is garnering very favorable acceptance, suggest a bright outlook. I've recently begun favoring the bigger quality names -- companies like MSFT,
-- as this rally continues to head north without any real improvement in housing or jobs. These quality names have underperformed lesser-quality stocks this year, and their strong balance sheets are comforting for what may be ahead.
By Alan Farley
9:53 a.m. EDT
I sold my
position this morning at $29.14. It was bought on Dec 23, 2008, at $19.28.
My technical target was (and still is) $31, but the 3-point gap was too hard to resist, especially with opening price less than 2 points from the target.
By Tim Melvin
10:25 a.m. EDT
The report that does impress me is
. The company had a 28% increase in revenues and grew year over year by 69% on the bottom line. According to the company, the Kindle E-Reader was the top-selling item in units and dollars. It is also the most gifted wished item. The device is a game-changer and Amazon has the early lead in the e-reader market. There was nothing but good news in the report.
This raises all kinds of interesting investment questions. How will this affect publishers? Do their margins go up or down from electronic delivery? Who makes the components for the Kindle and other e-readers, and what percentage of their revenue is this emerging business? How big could it be? Can newspapers use e-readers to rebuild a subscriber base?
E-readers and mobile computing will be the new Internet. The question for investors is, does it spread beyond Amazon and
This article was written by a staff member of RealMoney.com.