So far most of those who reported went down for this or that reason.
EBAY has issues with US growth. And even though PayPal was an incredible aquisition, their last aquisition, Skype, was kinda questionable and I'm still not sure what they are going to do with it.
Overall, its pretty pricey. Plus the stock ran up pre-earnings on expectations. And considering slow US growth, I think every after earnings pop may be short lived. Like the last time. That is if there will be a pop.
Looking at that chart, the stock may very well be in stuck in that channel between 30-35 or so. I don't see any particular reason why it should break out, and earnings most likely won't provide one either.
Just guessing.
Edited by ogm, 17 July 2007 - 05:35 PM.