Thursday, February 10, 2011

Flat Thur after CSCO misses. WYNN misses after hours

CSCO reported after the bell yesterday and for the third consecutive quarter, they underperformed expectations as the stock dropped 14% or 3.12 to close at 18.92.

WYNN reported after the bell today and while Macau is doing well, Las Vegas is not; especially when not of much of a profit was made taking wagers for Super Bowl XLV. The stock was down 1.40 in regular trading and another 1.33 in after-hours last trading at 118.80.

The Millenial Generation is guaranteed to spend on overpriced food. Regardless of what you think, both CMG & PNRA reported after the bell and the results were well in the green. CMG up 22 points afterhours to 279. PNRA up 11 afterhours to 110.93.

As mentioned yesterday, WFMI closed today up 11.7% to 60.05 on excellent earnings.

Breath was even at 15/15 while 178 issues made 50-day new highs.

Agriculture was led by POT where after six flat days, closed up 3.28 to 185.35.

Asset Manager BEN rose .86 to 126.93 as the Russell 2000 inched closer to another 52-week high.

Cotton via the BAL ETN was up 5.10 to 97.34.

Nasdaq Big-Cappers led by BIDU up 2.59 to 125.60, NFLX up 1.66 to 223.95, PCLN up 1.22 to 452.33.

Oil refiners made up yesterday's losses to reach new 50-day highs today. HOC up 4.38% to 57.47, VLO up 2.67% to 28.08, CVI up .37% to 18.84.

Oprah stocks up again, LULU up 1.56% to 82.77, UA up 3.99% to 69.12.

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