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Tuesday, July 29, 2008

Earnings 7/29: Stock to Watch - BWLD, GMKT, USO

After a fairly good earnings release from Continetal Resources CLR this morning, the stock has gotten killed but is bouncing off the lows this afternoon. CLR gave positive comments about their Bakken Shale play

Tonight we get earnings reports from Buffalo Wild Wings ( BWLD )

BWLD is expected to earn .27 cents per share. BWLD has usually moved 5-10% on earnings.

Another stock to watch tonight 7/29/08 is Gmarket ( GMKT ).

GMKT is expected to earn .21 cents per share.

These two stocks will be very active tomorrow.

Oil is bouncing off the lows this afternoon....currently at $122.50....the USO just spiked $1 to $99.50...we will have to see where it closes!

New Technical Analysis Charts, Visa ( V ) Apple (AAPL) RIMM

This morning in premarket you will want to watch CLR as they reported some nice earnings. Earnings reports continue to come out...so far they are so so.

As for the Dow, I think we will retest the lows in the coming weeks just to see whats there. If we break the lows on a closing basis, look out below!

Here are some new technical analysis stock charts....I will continue to update my regular stock charts.
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