Baidu, Inc. (BIDU) Stock Analysis - 2/2/11

By Tim - http://stockstobuy.org

The following is technical analysis on Baidu, Inc. (BIDU) stock for February 2, 2011

Baidu, Inc. (BIDU) Support & Resistance Levels - 2/2/11

Resistance Levels: $120, $125

Support Levels: $115

http://stockcharts.com - Chart

Baidu, Inc. (BIDU) had a great day on Tuesday and appears as though the stock will test $120 today. Baidu, Inc. (BIDU) stock is currently trading at $119.11 per share. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.

For more Technical Analysis - Go Here

Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Baidu, Inc. (BIDU) Stock Analysis 2011

By Tim - http://stockstobuy.org

The following is technical analysis on Baidu, Inc. (BIDU) stock for February 1, 2011

Baidu, Inc. (BIDU) Support & Resistance Levels - 2/1/11

Resistance Levels: $120, $125

Support Levels: $115

http://stockcharts.com - Chart

Baidu, Inc. (BIDU) is ripping higher in pre market this morning after the company issued excellent guidance for 2011. Baidu, Inc. (BIDU) stock is up 8% this morning to $117.50. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.

For more Technical Analysis - Go Here

Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Dow Futures 11/03/08 - Stock Market Report

11/03/08 Pre Market Trading Report:

Today, November 3rd, 2008, the Dow Jones and other Stock Market futures are pointing to a positive opening after the close on Friday. The Dow Jones Futures are up 52 points, the Nasdaq Futures are up 2 points, and the S&P 500 Futures are down 4.5 points.

Asian Markets - European Markets

The Nikkei was closed last night due to celebration of Culture Day in Japan. European markets were up last night in hopes the European Central Bank & Bank of England will cut interest rates.
The FTSE 100 index of leading British shares was up 19.95 points, or 0.5 percent, at 4,397.29. France's CAC-40 was up 28.04 points, or 0.8 percent, at 3,515.11. Germany's DAX was up 64.60 points, or 1.3 percent, at 5,052.5. The Hang Seng climbed 375.70, or 2.7 percent, to 14,344.37.

Stocks to Watch Today - Monday, Nov 3rd, 2008

Las Vegas Sands ( LVS ) - I continue to trade LVS as it continues to have the volatility and the volume. You can day trade this one all week most likely. I will try to get an updated technical chart up on LVS today.

Dry Ships ( DRYS ) - Drys reported earnings this morning of $3.53 per share. I wasn't expecting these earnings for awhile so i'm not sure if they pre released them. Anyway, the market is bidding $20 per share so I think the news is priced in. Baltic Shipping rates have tanked over the past few months hitting these bulk shipping stocks.

Baidu.com ( BIDU ) - Keep an eye on this stock today, they are announcing a big 200million share buyback this morning. Shares are up 3% in pre market.

AIG - AIG is up 4.75% this morning on light volume

Be sure to stay on top of the market by visiting my homepage for the latest updates.
http://daytradingstockblog.blogspot.com/

Bidu - Baidu.com : I bought BIDU and GOOG 8/20

Yesterday I made some purchases......BIDU at $304 and GOOG at $490.......I took profits in the past two day in XTO, CHK, CLR. They will most likely continue going up with Oil but I wanted to regroup and take profits. If they dip at all, I will be back in!

I bought BIDU because the company is growing very fast and it continues to blowout quarterly earnings. Baidu revealed they are taking even more market share from competitors in China. Baidu.com only trades at 45 times 2009 earnings which is cheap compared to how fast it is growing. If you missed the Google ( GOOG ) IPO, here is your chance!

I bought GOOG because this is the time of the year you want to be in the stock. You accumulate in the summer sell in December. Google under $500 has always been a steal!

Keep in mind, I have taken half positions on both....if we get dips, I will continue to add.

These are my two stocks for the rest of the year....the Garmin had to go the second they said Nuvifone was delayed. I will look at Garmin ( GRMN ) again in the future.

Earnings: 7/21 Apple AAPL CME

Next week is going to be a very busy earnings week. The drug make Merck kicks things off early Monday morning with expected earnings to be .83 cents per share.

Apple Computer also reports after the bell Monday....estimates are for AAPL for report $1.08 per share. I'm thinking they should come in at around $1.15. Anything less then this for me is a big disappointment. If Apple would miss $1.08, you would see it trade quickly into the $150's. Just look what they did to Google ( GOOG ). Google came in with $4.63 vs $4.74. This is equivalent to a company coming in with earnings of $1.54 when $1.58 was expected. It is very cut throat out there right now, especially with " safe haven " technology stocks. The market will kill a stock when they miss.

Moving on.......

One stock to watch Tuesday morning is CME Group( CME ). This stock has gotten absolutely obliterated over the past six months due to the government wanting to step in and regular the commodities exchanges. ICE is another one that is taking a beating because of this. If they report a solid number....look for this stock to move up in a big way. Analysts are looking for .43 cents per share on CME Group

More 7/22 Earnings - VMW, YHOO, ISRG

Tuesday 7/23 Earnings - Watch Baidu.com, one of my favorite Internet companies for the future. Expecting .96 cents per share. BIDU trades at a VERY high premium but you are paying for growth. In this type of market, if a company like this down not beat earnings every quarter the market will kill it. Look at what they did to MELI over the past two months. Watch BIDU closely.

Also, Amazon.com AMZN reports earnings.