The Bull's Divine Wisdom continues

To the Disciples,


People say earnings are impossible to predict. That ever since the SEC cracked down that no one, not even the ultimate insiders had any sort of idea how companies would report yet here is the Bull, in all of his divinity, calling earning after earning. Shall we look at the report card so far:


XTO - Beat earnings, energy was an easy call for the Bull. We will give ourselves only a B rating for this one. But make that one out of one.

SCHW: The sinners laughed at the Bull when he said they would destroy earnings thanks to the volatile market and experienced traders and when they did the sinners ran for cover. This was an A+ call. Make it 2 for 2.

JNJ: People were mixed, the commentors said consumer company can't beat. The Bull never had a doubt. Make it 3/3.

USB: A Minneapolis banked regional bank that had kept itself above the fray, not a hard call for the Bull. Make it 4/4.

NTRS: They barely got by earnings and had a small beat but the Bull called a miss but let this be a foreshadowing of the other regional banks. Small beats. Make it 4/5.

CSX: The Bull guaranteed a beat and boy did they. Make it 5/6.

INTC: The Bull was unsure, he couldn't make up his mind but ultimately he said if forced he would pick a miss. Well they didn't miss or beat and therefore the Bull is not counting this. Keep it 5/6.


To be fair the rest were not listed in the Bull's calendar of earnings but were listed below for his daily picks but the Bull pointed out they were earnigns. How did the Bull do on those:

JOEZ: Beat huge, make it 6/7.

FRX: Beat estimates but guidance was down but the Bull wasn't predicting guidance. Make it 7/8.

IIIN: Bull called a huge beat and they came through and are up 9% today. Make it 8/9.

The Bull is batting 88.9% in a game that is impossible to call.

Tomorrows earnings:

1. IBM: IBM will beat estimates but they won't move much. They are 65% international company and weakening dollar will help them. I realize their is great volatility for a 7% move in options but I don't see this stock going up 7% after hours. They are near 52 week highs but they will beat.

2. JPM: Hard call to make after WB. The Bull thinks JPM is the best of the banks and believes they will beat earnings but watch out for the amount of jobs they cut and the write down they will announce. They will beat earnings.

3. KO - Coke will beat earnings due to its presence in emerging markets.

4. AMR - Have had a short rating for this stock all week and hope you all followed since its down yet another 8% today. I think they have just another miserable day tomorrow.

5. EBAY - A lot of people are scared to touch this stock since it is the first for new CEO John Donahoe and the first since they revamped their business last quarter but I think expectations are modest and the Bull sees yet another company beat earnings.


6. WFC - I love this stock long term. It has huge cash flow, little exposure to sub-prime mess, great dividend and kick ass management team and the Bull is unsure about tomorrow but he is going to go with yet another BEAT.

Can the Bull keep hitting at 88%. Tomorrow we will see.


I know their are some Solar Fun(Solar stocks) readers out there and want to point out that today is the first ever ETF for Solar stocks(25 companies that differ in their regards to how they take part in the solar fun) it is called TAN.

Here ends the reading of The Bull Chapter 4, verse 15.