The headline: AT&T (T) Says Wednesday iPhone, Is On Schedule To Hit The U.S. Market At The End Of June
The word: Jeff Macke asks why is AT&T telling us this? Eric Bolling says the play is AT&T because they’re carrying the iPhone service. Pete Najarian says beware of reports of battery problems with Apple (AAPL).
The headline: Research In Motion (RIMM) Shares Climb Despite Major Blackberry Service Outage
The word: Eric Bolling says in the morning the stock was down because the world was in a panic. That tells him many people rely heavily on their BlackBerry. Consequently, Eric believes the dip was a buying opportunity, and tells investors to buy the next dip as well.
SOLD TO YOU:
The headline: eBay (EBAY) Shares Jump After Hours On Stronger-Than-Expected Earnings, Higher Forecast
The word: Jeff Macke says eBay is selling at 45 times earnings and some of that stems from the currency trade. He says their organic business is not exciting, and recommends investors sell the news.
ALL ABOARD CSX:
The headline: CSX Corp (CSX) Shares Hit Record High On Earnings, Hedge Fund Stake
The word: Guy Adami says he loves the rails, but advises investors to take a breather.
The headline: Energy Conversion Devices (ENER), Maker Of Hybrid Car Batteries, Sees Unusually High Volume, Options Activity
The word: Pete Najarian says the company released information which suggests it’s for sale. Wall Street liked hearing that.
The headline: Melco PBL Entertainment (MPEL) Shares Soar On Jump In Macau Gaming Revenue
The word: Eric Bolling says any company with exposure to Macau is going to do great.
The headline: Netflix (NFLX) Plunges After Cutting Full-Year Revenue Forecast
The word: Jeff Macke thinks Netflix has to get on-board with the digital revolution or they will get run over by that train.
YOUR TAX DOLLARS AT WORK:
The headline: Your Text Messages Tell Us You'd Buy Shares Of The New York Stock Exchange (NYX) With Your Tax Refund
The word: Pete Najarian says the viewers are right! Both the exchanges and the investment banks are on fire right now.