Comments on: EBAY Earnings Report http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/ Stock Market and Financial Analysis Without The Hype Mon, 15 Mar 2010 23:03:05 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: barry http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5262 barry Thu, 17 Jul 2008 09:48:19 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5262 I think Ebay is starting to get desperate to be more like Amazon. And now they are teaming up with Amazon's competitor (buy.com)? All in all, it was a fascinating earnings report. I noticed that you can read a transcript of the entire Earnings Conference Call at SeekingAlpha.com. You can see it here: http://snipurl.com/300il I think Ebay is starting to get desperate to be more like Amazon. And now they are teaming up with Amazon’s competitor (buy.com)? All in all, it was a fascinating earnings report. I noticed that you can read a transcript of the entire Earnings Conference Call at SeekingAlpha.com. You can see it here:

http://snipurl.com/300il

]]> By: Lisa http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5254 Lisa Thu, 17 Jul 2008 02:49:08 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5254 Noel- Hope you have a great time. We've missed you around here! Noel- Hope you have a great time. We’ve missed you around here!

]]> By: Lisa http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5253 Lisa Thu, 17 Jul 2008 02:27:41 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5253 I linked to the housingwire article in tonight's summary, JohnK. It summed up the problem in simple language. Kudlow out to pasture....best suggestion I've heard all week! I linked to the housingwire article in tonight’s summary, JohnK. It summed up the problem in simple language.

Kudlow out to pasture….best suggestion I’ve heard all week!

]]> By: rcg http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5251 rcg Thu, 17 Jul 2008 01:05:16 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5251 First, thanks Chuck and Lisa for this site. Honest, intelligent and prudent real time thoughts and opinions on the day's trading are hard to come by. For a relative newcomer to the scary and bizarre world of Wall Street, your postings are truly appreciated. With the full force of the government pushing, I guess it was the safer bet that we'd get 'the bounce' rather than the crash. Longer term, I'm still short the whole damn thing. When Kudlow is put out to pasture we'll know it's safe to go long again. First, thanks Chuck and Lisa for this site. Honest, intelligent and prudent real time thoughts and opinions on the day’s trading are hard to come by. For a relative newcomer to the scary and bizarre world of Wall Street, your postings are truly appreciated.

With the full force of the government pushing, I guess it was the safer bet that we’d get ‘the bounce’ rather than the crash. Longer term, I’m still short the whole damn thing. When Kudlow is put out to pasture we’ll know it’s safe to go long again.

]]> By: JohnK http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5250 JohnK Thu, 17 Jul 2008 00:44:12 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5250 Here is something to chew on. WFC earnings a tad bit misleading. http://www.housingwire.com/2008/07/16/second-liens-still-lurking-at-wells-fargo/ Here is something to chew on. WFC earnings a tad bit misleading.

http://www.housingwire.com/2008/07/16/second-liens-still-lurking-at-wells-fargo/

]]> By: Noel Thomas http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5245 Noel Thomas Wed, 16 Jul 2008 23:58:44 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5245 Lisa and Chuck, Sorry, I have been out of touch most recently. Preparing a vacation with a friend to Southern Florida. Today's action imho was nothing more than an oversold bounce. Lottsa short covering added to the levitation act. Some major overhead resistance lies in wait for those who believe we have turned the corner. Hate to say the word "bottom." Same problems remain and they are HUGE. Will look to re-enter SRS/SKF as we might potentially hit resistance levels. SRS is a great trading vehicle. Moves very quick. "Rational" was the adjective to describe his positive feelings regarding Rebel Traders. I so subscribe to his vibes. Lisa, you should be working for CBS Marketwatch. Accomplished writer who is quick and accurate. Tell Chuck I augured a raise is merited. Next week will be writing you from Palm Beach. My Best and Thanks, Noel Lisa and Chuck,

Sorry, I have been out of touch most recently.

Preparing a vacation with a friend to Southern
Florida.

Today’s action imho was nothing more than
an oversold bounce. Lottsa short covering
added to the levitation act.

Some major overhead resistance lies in
wait for those who believe we have turned
the corner. Hate to say the word “bottom.”

Same problems remain and they are HUGE.

Will look to re-enter SRS/SKF as we might
potentially hit resistance levels. SRS is a great
trading vehicle. Moves very quick.

“Rational” was the adjective to describe his
positive feelings regarding Rebel Traders.
I so subscribe to his vibes.

Lisa, you should be working for CBS
Marketwatch. Accomplished writer who is
quick and accurate. Tell Chuck I augured
a raise is merited.

Next week will be writing you from Palm
Beach.

My Best and Thanks,

Noel

]]> By: Jim http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5243 Jim Wed, 16 Jul 2008 23:48:25 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5243 Was the 276 point rally planned to keep the headlines from focusing on today's ugly inflation report? Consumer prices rose 1.1% from May and are up 5% Y/Y, the worst in 17 years. Excluding food and energy, prices were up .3% from May and 2.4% Y/Y Treasury yields jumped which is not good for an already weak housing market and banks. Was the 276 point rally planned to keep the headlines from focusing on today’s ugly inflation report?

Consumer prices rose 1.1% from May and are up 5% Y/Y, the worst in 17 years.

Excluding food and energy, prices were up .3% from May and 2.4% Y/Y

Treasury yields jumped which is not good for an already weak housing market and banks.

]]> By: JohnK http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5242 JohnK Wed, 16 Jul 2008 23:34:53 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5242 The infamous "Plunge Protection Team". Here is link for an explanation. http://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets Today's pop in financials just does not feel like a one day event. We'll see tomorrow how the market reacts to the plethora of earnings news. The infamous “Plunge Protection Team”. Here is link for an explanation.
http://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets

Today’s pop in financials just does not feel like a one day event. We’ll see tomorrow how the market reacts to the plethora of earnings news.

]]> By: Polar http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5240 Polar Wed, 16 Jul 2008 22:38:45 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5240 Agree that yesterday did not feel like the bottom. I've heard the arguments for why the VIX didn't have to spike to signal a bottom here. While I have heard this argument from people who are much smarter than myself, I still don't buy it. The VXO (old VIX, based on the S&P 100) barely got up into the low 30s which, for this part of the cycle with the extreme pressures of FNM and FRE on us in addition to the CRE and consumer lending issues that still need to hit financials and feed through into the real economy, is way too complacent to mark a bottom. All that being said, JohnK, please forgive my ignorance, but what is "PPT"? Agree that yesterday did not feel like the bottom. I’ve heard the arguments for why the VIX didn’t have to spike to signal a bottom here. While I have heard this argument from people who are much smarter than myself, I still don’t buy it. The VXO (old VIX, based on the S&P 100) barely got up into the low 30s which, for this part of the cycle with the extreme pressures of FNM and FRE on us in addition to the CRE and consumer lending issues that still need to hit financials and feed through into the real economy, is way too complacent to mark a bottom.

All that being said, JohnK, please forgive my ignorance, but what is “PPT”?

]]> By: JohnK http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/comment-page-1/#comment-5238 JohnK Wed, 16 Jul 2008 22:01:01 +0000 http://blog.rebeltraders.net/2008/07/16/ebay-earnings-report/#comment-5238 Here we go again. From what I see tomorrow will be an important day. If its a another up day I have it as a possible reversal otherwise it is back to the races. It seems the power of the PPT is strong but we will see if it as some staying power at least in the short term. Otherwise nothing has changed and we ultimately go lower, if only of the simple reason yesterday could not possibly be a "bottom". Here we go again. From what I see tomorrow will be an important day. If its a another up day I have it as a possible reversal otherwise it is back to the races. It seems the power of the PPT is strong but we will see if it as some staying power at least in the short term. Otherwise nothing has changed and we ultimately go lower, if only of the simple reason yesterday could not possibly be a “bottom”.

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