Monday, May 12, 2008

Post PreMarket Buzz

The earthquake in China has everyone wondering what, if any industries will be effected.

This week brings us many retailers reporting. While WalMart reports stronger numbers due to the suffering consumer, we think the majority of the retailers will show weakness. To play this trade, the XRT is a great ETF.

11:08 EST

Oil(USO) is changing direction, and you could see the retailers earlier liking the fact that oil was down for the day but with oil up 7 cents currently that might be changing.

LDK reports earnings today after the close. They reported initially they expected 39 cents per share, yet on their website they mention reporting 41-45 cents per share.
The website was updated on 3-5 and linked below.

http://media.corporate-ir.net/media_files/irol/19/196973/March_LDK_Management_Presentation_2008.pdf

Ann Taylor increased guidance today.

Cablevision is purchasing NewsDay.

Rimm unveils there latest technology.

Good Fortune from Trade Equity!!!

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