Going to be interesting for a couple companies who announce their earnings tonight BB- BlackBerry RAD- RiteAid BBBY- Bed Bath and Beyond GIS- General Mills KMK- CarMax NKE- Nike FDX- FedEx The first 2 have been considered "meme" with RAD being one of the original "meme" stocks BB has dropped 0.44cents (3.2%) on a day that has been mostly positive. I never thought I would say this but tomorrow may present a good buying opportunity for BB depending on how low the price goes. Will be interesting to see if it tests some of its previous levels of around 9.00
RAD reported this morning and dumped. BB is flat after hours, but I think it will dump tomorrow. NKE jumped after hours, I think it will lead the Dow Jones up tomorrow. FDX dipped after hours, it's not a very strong stock. Moves real similar to the S&P since 2004, so why not just get SPY/VOO? SPY/VOO even has a better dividend. The others don't look like they are reporting.
I do like ETF's in terms of long-term investing, especially if you dont have the time to be actively researching stocks (or just arent interested) I just don't like that they charge a fee and you lose the upside of hand-picking individual stocks that can break out. ETF's seem boring There were several ETF's on my initial WishList but so far I have realized that as long as I stay diversified and balanced, my portfolio will generally reflect the outcomes of the market as a whole anyways with an outliar here and there.
BB posted a loss, which was expected but did beat their projected loss slightly. Will be interesting to see what happens when the market opens.
