EA Topping Out: Reiterate TOPS on Discretionary Income

with Console Gaming Business: SNE (4Q 2016 earnings came substantially below estimates: more than half below.  JP Morgan reduced rating from Overweight to Neutral), MSFT, GME, EA, and ATVI.  

EA – Barometer of Console Gaming Business, with volume 1/4 of 3m Average and Beta of 10, up 0.18% or $0.19, topped out at $90.13, while NASDAQ up 0.89%.                       See DUE DILIGENCE

Also, on reduced entertainment expenditures: REITERATE SPECULATIVE SHORT on NFLX which expanded into too many countries.   Domestic Subscriber Growth 3.53M vs. 3.68M estimate, international subscriber growth below estimates (1.42M vs. 1.50M), falling short of expectations.  Falls after Hours on weak Q2 Guidance, down 3.27%.  Germany, France and Latin America falling short of expectations.

On 4/18/17, NFLX down 2.53% or $3.72.

Reiterate Purchase of SQQQ (for SPECULATIVE SHORT ON NASDAQ, down 0.15% today, and the Trend is Your Friend: Janet Yellen (Bernake and Blinder) say equities overpriced).

with tourism industry, which could be severely hurt by WEAK DOLLAR because they are extremely sensitive to Oil Prices: AAL, LUV, UAL (Hour long press conference for Dr. DAO’s Dream Team meaning there could be serious PUNITIVE DAMAGES. Also, couple kicked off flight on the way to their wedding), DAL, ALKHLT, CCL, RCL, NCLH, WYNN, CAR, EXPE and DIS (although may be taken over by AAPL, rumored on CNBC).  This author believes DIS would be the takeover target, while AAPL with its massive CASH horde, the shining Knight: DIS stock price would surge and AAPL would wilt depending on whether it’s a CASH Offer or STOCK Offer.  Stock Offer would hurt AAPL stock more than CASH Offer.

with Retail Sector: BRX and SPG, AS REPORTED BY CNBC, “24 SQUARE FEET RETAIL SPACE PER PERSON IN USA WHILE THE UK HAS 5 SQUARE FEET RETAIL SPACE PER PERSON.”

BBRY Candle Could be Extinguished like what happened with Microsoft’s takeover of Nokia.

WEAK DOLLAR COULD HURT FOREIGN AUTOMAKER SALES, MOST SIGNIFICANTLY: TM AND HMC.  HYUNDAI “TRUMPS” TM(PRIUS) AND GM (CHEVROLET MALIBU HYBRID) with HYBRID, IONIQ BLUE WITH 59MPG.

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