Wednesday, April 19, 2006

Black Knight (BLK and NITE)

Zacks has an earnings surprise summary page that is very helpful during this time of quarter (link). Listed there are Black Rock and Knight Trading. Both are connected to the financial industry. Strong earnings and stock performance in these kind of stocks are a big positive for the overall market because this is a group that often leads the market.

I am hesitant to buy these two because both are a bit extended and valuations are a bit rich. Still, it is hard to argue with the earnings.

Lots of other movers JCI Johnson Control, TXN Texas Instruments, AMGN Amgen. Two biggies reporting later this week are Google GOOG and Apple AAPL. Schaeffer's reports a huge expansion in premiums on Google options (link).

No comments: