Trading Tips - koolfriend4u

How the Intra day calls & Short term calls in this section?

  • Rocking

    Votes: 24 35.3%

  • Moderate

    Votes: 14 20.6%

  • very few reach the targets

    Votes: 5 7.4%

  • yet to try

    Votes: 27 39.7%
  • Total voters
    68
  • Poll closed .
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koolfriend4u

koolfriend4u

Well-Known Member
#1,551
#1,551
US mkt seeing uproar on expectations over banking figures. H&S pattern observed in Dow chart is seen with low volumes. One more shoulder pattern / violation of H&S pattern may occur which may result in bull market - if the same has been supported with Good Volumes.

On the contrary auto sales figures of june seen a huge drop across Ford, GM,

The latest ADP report shows a higher-than-expected the 473,000 job losses for the month of June.

Nifty 4228-4304 need to see resistance. bottom side 4120-4050 seems short term support

(sorry!! Late posting started typing in the morning hours then moved from my seat due to work. jus now completing & posting here)
 
koolfriend4u

koolfriend4u

Well-Known Member
#1,554
#1,554
News corner- koolfriend4u

SAN FRANCISCO (Reuters) - Google Inc's quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on revenue growth and the price of its search ads.

Shares of Google fell 3 percent after the results, which exceeded average forecasts but failed to live up to the heightened expectations of investors following Intel Corp's strong earnings earlier this week. Google shares have risen 4 percent since Intel's report on Tuesday.

"They did decently, but obviously it's not high enough for the Street," said Laxmi Poruri, an analyst at Primary Global Research.

Google's revenue in the second quarter rose 3 percent to $5.52 billion, compared with the average analyst forecast of $5.49 billion, according to Reuters Estimates.

Excluding traffic acquisition costs -- the portion of revenue that is shared with Google partners -- revenue was $4.07 billion.

"People were hoping they would see something around the $4.3 billion range," said Brigantine Advisors analyst Colin Gillis. "Google is changing from a topline growth story to an earnings expansion story."

Google, the largest U.S. Internet search engine, has weathered the global recession better than many of its rivals from Yahoo to Time Warner Inc's AOL, which have suffered declining revenue in recent quarters.
 
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