SSO SDS

It is my opinion that you may want to short the market tommrow, as I am expecting the market to have a retracement tommrow. A good choice might be to buy SDS tommrow, as you will double what the market does, this being said, get out of it before close.

I’m not entirely sure what time these are all coming out but here but here are my predictions.

  • TD Ameritrade (AMTD) will beat earnings with .35 a share in earnings as opposed to .32
  • Coke (KO) will take a hit after failing to meet earnings because of oil and other costs. .91 a share in earnings IMHO
  • Microsoft (MSFT)  will beat earnings with an eps of .50 this might be from the fallback in a bad economy, blowing up cars with a rocket launcher (In gta. not that gates couldnt afford to do that).
  • Google (GOOG) will beat the streets estimate of  4.74 with a compelling 5.00, I am expecting this extra amount from my own data gathering from sources operating websites outside of the United States.
  • Bank of New York Mellon Corp (BK) could beat earnings because of exchange rates with Dubai etc. 0.75 expected, I’m not sure on this one.
  • CIT Group (CIT) may only lose 3.35 a share as opposed to the estimated 3.4, as i think there may be a few unaccounted for $ in earnings they can come up with
  • BancorpSouth, Inc. (BXS) will SMASH earnings, judging by my input from friends and family from my native Tennessee. I honestly expect 50 cents a share in earnings.
  • Harley-Davidson (HOG) will miss earnings, knowing the people who buy harley’s now adays arent the rough riders, they are the retired doctors and such that may be directly affected by this bad stock market. I expect 65 cents a share as opposed to the streets expected 75
  • JPMorgan Chase & Co. (JPM) may actually do worse than expected but if it does it will only be slight, however that wont matter as much because Dimon has been talking it down long enough that just surviving will send it soaring.
  • Merrill Lynch (MER) Will NOT BEAT EARNINGS. Period, if it does, I will post a picture of me wearing a burger king kings hat. THEN I WILL EAT IT.(partially at least)
  • Nokia (NOK) will not beat earnings because of increasing material prices and decreasing demand. I expect 50 cents a share.
  • PNC Financial Services Group Inc. (PNC) will not beat Earnings due to market situations combined with losses in customer base. I expect 1.10 eps

Id take this time to also get back into apple as I can see it shooting up to 200 from this point.

All of that being said, this market is crazy and im a College student, do as you want, thats what I think is going to happen, If you want some really good advice, I’d suggest reading TheCodyReport as Cody Willard, one of the smartest people I know writes it, and he is rarely wrong (consistantly beating the markets while he managed his fund (bought apple at 7 and google at IPO))