Today, the market was pretty mixed, but ended the day on the negative side. It seems that there are a lot of upcoming retailers that will be releasing their earnings like JC Penny, Macy's, Kohls, Footlocker etc.
Today, I purchased 19 shares of Zillow at $97.89 preparing for their Q1 earnings release on Tuesday after market closes. Zillow acquired Trulia this past quarter and the additional revenue seems to be underestimated signifcantly. However, the new acquisition will definitely be reflected in their earnings per share. From previous earnings reports, Zillow has been on a pattern of missing, then meeting exceptions. Overall, I will see how the market trades Zillow during the early parts of the trading session.
I'm still currently holding onto Groupon, Tesla, and Kroger. I play to hold Groupon and Tesla to see how the market moves in the coming few days and I will hold Kroger until it begins to recede below the moving average.
Other stocks I am currently eyeing include Footlocker, Jack in the Box, and Sales Force.
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