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Harris Financial Group Managing Partner Jamie Cox, Raymond James President of Fixed Income Kevin Giddis and OptionsXpress Senior Market Analyst Joe Cu...
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How much value is in Shutterfly earnings let's get -- -- Smith they just came out -- okay Shutterfly have reporting GAAP earnings of 29 cents a share that would be compared to the estimates for 32 cents a share the company beating on the revenue front though coming in 91.
Point three million vs the 84 point six million that analysts had expected so that revenue beat.
Sending the shares higher in after hours trading right now one note -- as -- alluded -- in the last ten minutes of your show.
A lot of folks looking -- a lot of analysts looking for -- 24 dollars and sixty cents that was a drop of 8% on a year over year basis.
Need to be sure there is a theme a total number of orders with way up it went up 22%.
From last year so that's another thing that the balls are biding on to an after hours trading.
They sure are joke has sickened and we're looking right now there was a slight moderation here at the moment that we thought it might get closer back to the closing value but right now holding for a bit of thirty to 98 and ask the 3330 what do you see.
Well you know what I mean we're who we're price and then -- close to all four dollar move last native -- -- going into the -- -- -- -- expiration.
So if I mean when you look at the options marketplace that's more price -- out there that's the kind of volatility premium or put into it bomb and -- scene that they beat on revenue line that's positive and we're gonna watch -- -- but we got a nice group built into that in our particular trade.
It's an important point that I want to make this to our viewers you know options markets -- not always right but before you could learn a lot from watching the behavior of the options market.
Absolutely and -- definitely can.
We're very -- but let's get back quickly to to Jamie and Jamie you know when you see all of this and -- -- you're talking about -- -- portfolio appropriately what's the number one thing that our fewer investors should be thinking about.
I think it's yield right now a lot of people are chasing yield -- be very very careful about trying to grab to yield at the higher levels for example.
You don't want to buy stocks -- dividends over 6% they could indicate trouble indicate the dividends will be cut.
And I think you when you're looking at bonds make sure that you keep short duration you don't want to be long out on the curve because of interest rates do start to rise.
You you subject -- self interest rate risk to I would encourage people to look at pharmaceutical companies look at health care companies look at beverage companies look at things with.
Sustainable business models lots of cash in the ability to sustain that dividend and -- and over time.
That's the way you build a nice portfolio of yourself we have another earnings eleven Anadarko Petroleum -- go back up to us under -- million latest numbers on Nissan.
-- -- cashing -- -- not be on the top and bottom lines Anadarko Petroleum which is a natural gas and oil exploration company coming with earnings of 92 cents a share that's adjusted.
Beating the 83 cent estimate so quite a B on the earnings front revenues also coming slightly upbeat there about pretty -- right in line with.
Expectations at 3.4 five billion for the quarter analysts were looking for 3.4 one.
-- -- -- -- -- -- -- Well not bad Joseph what do you think on that we have a nice seats on the things about -- about what was expected on the revenue -- not bad for Anadarko what's your take.
-- -- again we were expecting probably two dollar move going into the end of the week so up they need so dramatically right now.
-- you know on the top and I can't see the numbers but I'm hearing what you guys are saying.
And and I'm not surprised that the movement like this and we built that into the end of the week so this is yeah its got some planet right now.
Kevin as we finish up -- you know at any observation that you make right now that led you to change anything about what you're telling clients.
No I think I think Debbie -- right -- duration needs to be a little shorter than it was may be you know six months or a year ago I think I still think the three to five year area.
Is up -- -- rates duration because quite frankly we don't know where the economy's about to.
You know breakout stay in a moderate pace or or turn down into a new recession so.
I -- -- I'd say that -- and in that middle duration you get enough yield they don't take all the big risk the only exception I would make again is in Muni bonds -- goal that longer.
Taxes aren't likely going lower probably going higher and the you know get a real boost on the taxable equivalent yield from a Muni vs a -- security -- now.
Down near by his -- the right ones look like a doubt play Kevin get SJ Cox and thank you.
