TwosComplement

AAP came out with what appears to me to be a very positive earnings report, but the stock declined nearly 6% in after hours trading. I am curious if anyone has any insight as why this stock is going down.

You might consider reading the thread

As previously stated, I recommend that you just monitor the results. Your comments are not respectful. I might be inclined to provide you with more information if you were not so disrespectful in tone and comment. You might benefit from reading the forum rules. Consider how ”Why? Because you say so, or is there some kind of reasoning behind it?” could just as easily have been ‘What is your reasoning behind this?’ This forum works because of the opinions and thoughts of all members. Be considerate of others.

I recommend that you just monitor the results. Of course there is reasoning behind my analysis. At this time, I am not planning to provide training on downside risk analysis.

The following stocks should have minimal risks to purchase ahead of earnings reports next week. The stocks should be purchased before the market closes on the previous trading day and sold after the market opens the next trading day. SMTS: Open position before the market close June 16, 2009 and close position after the market opens June 17, 2009. SJM: Open position before the market close June 17, 2009 and close position after the market opens June 18, 2009.

We have seen a choppy ride this morning before the open, with the market moving down and up. Intel reported profits down on falling demand. Intel indicated that we may be near a bottom, but sees a fragile economy ahead. The technology sector is trading down on the news. Swiss bank UBS report a Q1 loss and announced plans to cut 7,500 more jobs. Further job cuts, of this magnitude two year into the sub-prime mess, is not good news for the banking sector. Citi Group reported large profit gains in China. The Citi news may create mixed sentiments for the financial sector today. Before the open, it appears we can expect to see some declines today for VGT and HVI. The CPI report this morning indicated a bigger than expected decline. This indicates inflation is not a concern in the near term.

Expect to see some declines at the open today. We had nice rally Thursday, particularly in Financials on the Wells Fargo news. More reporting in banking is due out this week, with more losses and write-downs expected. Among those reporting this week are Goldman Sachs, JP Moragn, GE, and Citi Group. Expect to see some reversal today, of the nice gains we saw Thursday, with VFH and HVF. Additionally, expect to see some declines today for BVH and VV at the open. At least 90 stocks on Russell 2000 are expected to report this week. Currently, the Russell 2000 is outperforming the S&P 500. As these small caps report this week, keep an eye on the Russell 2000 to move in accordance with theses earnings reports. Likewise, BVP, HVK, and PVY will also move, in the short term, on the news. International Energy Agency cut its oil demand forecast to a five year low, on factory data and tumbling car sales. Expect to see some declines today on crude prices on the news.