Cue the Imperial March
In the Star Wars timeline, this would be when the Empire strikes back. Online juggernauts like eBay
Well, all three stepped up to the earnings podium this past week and -- like clockwork -- collectively obliterated expectations.
There was a little swagger in their step. Each stock bolted higher the day after its company's report. There was a whiff of 1999 in the air, though I have to admit that the Kool-Aid is a whole lot tastier, now that they're sprinkling in some of that sweet, sweet profitability.
The black ink truly makes things different this time. Even Sun Microsystems
Begone, phantom menace!
Meanwhile, back in China
With the Chinese economy booming and investors wolfing down hot Chinese stocks, how ironic would it be if the market stumbled later this year? Yes, in a few weeks, it will be a new lunar year in China: the Year of the Pig.
You know the saying. Bulls make money. Bears make money. Pigs get slaughtered. I don't buy it. Leading Chinese stocks are putting up huge profit gains, and just when you think you can grasp the big picture, something even better comes along.
That happened this week with Baidu.com
Oddly, neither one looked like Ted Turner.
Until next week, I remain,
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. He does own shares in Netflix. The Fool has a disclosure policy.
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