The Surf Report

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<b> 7 stocks surf report readers need to know for wednesday </b>


http://finance.yahoo.com/news/TradingMarkets-7-Stocks-You-tm-3887060985.html?x=0&.v=1

Consumer confidence figures cratered for the second month in a row despite definitive signals of strength in the economy. Federal Reserve Governor, Janet Yellen, reiterated that a recovery has begun but hedged her optimism by stating it may be a long, drawn out process. The negative confidence numbers combined with a mixed plate of earning reports resulted in the DJIA falling back 11.79, the Nasdaq eased higher by 7.62, and the S&P 500 gave back 2.56.

Related Quotes
Symbol Price Change
CCE 18.41 +0.15

ELY 5.64 +0.16

MCO 27.62 +0.87

TWX 27.01 -0.59

V 66.30 -1.89

WLP 54.38 +2.24


{"s" : "cce,ely,mco,twx,v,wlp","k" : "c10,l10,p20,t10","o" : "","j" : ""} Here are 7 stocks you need to know for Wednesday.

Media monster, Time Warner (NYSE:TWX - News), is expecting to see a second quarter EPS of 36 cents prior to the session on Wednesday. The Short Term PowerRating for TWX is 4.

After the close on Wednesday, Visa (NYSE:V - News), is forecasting a fiscal third quarter EPS of 64 cents. The Short Term PowerRating for V is 2.

Viacom [NYSE:VIA-B] - posted lower than expected second quarter results but made it clear that future revenue looks strong.

Rating and research agency, Moody's (NYSE:MCO - News), expects an EPS of 30 cents for the second quarter revealed before the start of trading Wednesday morning. The Short Term PowerRating for MCO is 5.

The second quarter is expected to show an EPS of 51 cents for Coca Cola Enterprises (NYSE:CCE - News), announced Wednesday before the bell. The Short Term PowerRating for CCE is 4.

Wellpoint (NYSE:WLP - News) has its eye on second quarter results .......

http://finance.yahoo.com/news/TradingMarkets-7-Stocks-You-tm-3887060985.html?x=0&.v=1
 
Now that Twitter is going to be on Xbox, I thought that would be great entertainment to read Surf on a gaming consol.

Your last Twit:

"Unfortunately, due to a string of extraordinarily* negative luck** capped by the GS short trade, we are closing up shop
6:01 AM Jul 16th from web"

Come on Surf, I want to read your journal while playing!!


*Black Swan

**luck is a four letter word in trading
 
I disagree. While method and strategy will keep you in the game, perhaps allowing you to grind out a living unless you start with substantial funds. LUCK has everything to do with massive success for future traders without a true edge--- strategy and method are not edge---RANDOMNESS and LUCK are the forces that must be active to succeed, you can survive without them, but they are what differeraniates every trader without a true knowledge/structure edge. face it, noise traders are gamblers and the ones who survive have money managment nailed. ones who succeed have LUCK on their side.

surf
 
Quote from marketsurfer:

LUCK has everything to do with massive success for future traders without a true edge
More...

I agree, but that was my whole point. A trader shouldn't rely on luck, he should have a real edge instead.

A trader using luck only is a gambler... You gambled on your last trade (there was no edge, extra information) and you lost. Not to mention the bad money management, because you overextended yourself with that trade....
 
Quote from Pekelo:

I agree, but that was my whole point. A trader shouldn't rely on luck, he should have a real edge instead.

A trader using luck only is a gambler... You gambled on your last trade (there was no edge, extra information) and you lost.
More...

yes, its all a gamble. i had information, but it wasn't accurate.

information isnt always correct.

surf
 
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