Wednesday, April 18, 2007

Thursday Curtain Raiser

As noted earlier, a ton of earnings come our way tomorrow. Perhaps the biggest focal point on the earnings calendar will be Google (GOOG) after the bell tomorrow where $3.30 a share is expected vs year before $2.29. The straddle is priced at over $20, so the usual huge move is expected and options are priced to the moon. I am not participating.

After the bell, among major earnings tonight: EBAY's Earnings And Guidance.

JADE!! has been a long time holding - the July 10 calls for me, thanks to insights some time ago from Ema's Market Blog and today was a great day for shares of LJ International. I'm holding for their eventual earnings release.

Speaking of earnings - nothing as of yet from Banco Popular (BPOP)... perhaps a scheduled misunderstanding?

Jobless claims and Leading Indicators are the two economic releases on tap for Thursday.

I am still not feeling quite right, so a short post for tonight - good night.

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