Earnings plays from GS: <i>Earnings Focus* WOW October 3 - 9, 2007 Buy STX and GLW calls ahead of earnings Tech Hardware implied vol has lagged the implied vol pickup across the market over the past 3 months. This week, we focus on STX and GLW where implied volatility appears inexpensive ahead of big catalysts. Our Hardware analysts expect STX to beat consensus and consensus EPS to increase following earnings. Our Telecom Equipment analyst sees a string of catalysts for GLW and expects upside to shares through the end of the year.</i> I am long GLW stock.
Posco should do well but note a firm is out today saying USX is their TOP SHORT of all shorts and AX is getting bashed somewhere too. I am running from the steels today... just not sure where I'm running to! ~ SI
Thats probably why Posco had a really bad past week. They report on the 16th, so im probably gonna stay away from that one, although its tempting.
Im wondering if I will ever get the pullback Im waiting for on GOOG. I hope it comes tomorrow. I dont want to miss the run up till the earnings call. But at the same time I dont want to buy too expensive. what a dilemma. ISRG is doing amazing. Im gonna hold till the earnings.
Earnings season began. Now lets hear your ideas guys. So far we have longs on GOOG, SBUX, GLW, AAPL. What else you earning masters are playing?