Day 266: Amazon Buys Sears?


Mother's Little Helper portfolio was UP today +834.63 (+0.10%).

Overall GAIN YTD: +$235,648.83 (+40.36%).

Our benchmark index, the S&P 500 is up +11.96% Year To Date.

http://money.cnn.com/data/markets/sandp/

This Weeks Calendar:

Tomorrow I'll be listening to the 4th quarter earnings call from Copart Inc. the salvage cars and insurance auction site. Copart has been a solid performer for the portfolio with more growth in store. The pre-release earnings came out just now.

  • Earnings per share were $0.30 vs $0.29 expected

  • Revenue was $378.6 million, up 13.8% vs analysts expectation of $357.2 million

  • Shares are up 4.5% or about $34/share in after hours trading

The portfolio is up today, so I thought I'd talk about something completely unrelated to the portfolio. I think Amazon will buy Sears.