EARNING SEASON
During the month of April, most of the S&P companies will report their first quarter earning.
In general estimated are very positive and anticipations are that most of the companies will do very well.
The sectors that will do the best according to my opinion are the Financial and the Technology.
The ’ETF’ for the financial are ’XLF’ and ’UYG’ and for the Technology is the ’XLK’.( we wrote about them 2/25,2010)
Some companies I recommend to buy before earning release are;
Bank of America ’BAC’, Huntington Bank ’HBAN, Fifth Third Bancorp ’FITB’, Zion Bancorp ’ZION’.
Microsoft ’MSFT’, E-Trade ’ETFC’, Intel Corp ’INTC’ Advanced Micro ’AMD’
Please check the BLOG for recommendations that were made in the last month. LET ME RMINED TO ALL OF YOU THAT investor must always take profit when they are made.
‘XLF’ Jan 1 2010 was at $14.41, today is at $16.41. UP 13%.
‘XLK’ Jan 1 2010 was at $22.91, today is at $23.35.
‘UYG’ Jan 1 2010 was at $5.65, today is at $7.21. UP 27%.