If you're feeling good about the market, you're not alone. Take my hand as we go over some of the more uplifting headlines of the week.
1. Good times at the Apollo
Sun hadn't given Mr. Market a lot to be sunny about until its front porch began filling up with potential suitors in recent weeks. Analysts were expecting Sun to post a loss this fiscal year, and now it will be Oracle's problem (or turnaround opportunity).
This has to be a good omen for the market. When even the ugly ducklings are being pulled at from both ends like Popeye and Bluto fighting over Olive Oyl, imagine when the attractive companies come up for consolidation. I think we're going to need a bigger porch.
2. Keep on rolling
Shareholders of Chipotle Mexican Grill
Analysts were looking for just $0.55 a share on the bottom line. It's not all good news, as comps growth of 2.2% is the slowest in the company's brief publicly traded history. Is the company willing to sacrifice foot traffic by keeping its premium pricing intact? Maybe not. Chipotle is testing value menu items, a kids menu, and new items like soup in its home base of Colorado.
There are uncertainties all around, but it's hard not to be left smiling after seeing the chain smoke past Wall Street.
3. Apple of my eye
Like Chipotle, every blue sky has a gray lining. In Apple's case, the "but" came in the form of a drop in computer sales. It's easy to see why, given the dour economy and the shift to low-priced netbooks. However, as long as iPhones are selling like hotcakes -- or at least like MacBooks circa 2008 -- Apple has plenty of time to get its Macs and MacBooks in line.
4. House of verbs doesn't come crashing down
If unexpected growth spurts at Chipotle and Apple tickled the market, what kind of a frenzy do you think would have swept the market if a laggard like eBay
Not so fast. The online marketplace didn't turn a miracle this week. However, by keeping its revenue and earnings setbacks in the single digits on a percentage basis, it did manage to surpass the market's lowly projections.
Sure, eBay's marketplace revenue is a stinker. It fell by 18% over the past year, weighed down by its flagship ebay.com auction site. However, gains at PayPal and Skype helped keep the carnage to a minimum. It may be too early to say "eBay is back," but it may be OK to say that "eBay no longer has its back to the wall."
5. If it's not broker, don't fix it
- TD AMERITRADE closed out the quarter with $6.4 billion in net new assets.
- The broker's client base expanded during the period. It now has 5.1 million funded accounts.
Since rival Charles Schwab
You go, Wall Street.
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Chipotle Mexican Grill is a Motley Fool Rule Breakers pick. Apple, eBay, and Charles Schwab are Motley Fool Stock Advisor recommendations. eBay is a Motley Fool Inside Value recommendation. Chipotle Mexican Grill is a Motley Fool Hidden Gems pick. The Fool owns B shares of Chipotle Mexican Grill. Try any of these Foolish newsletters today free for 30 days.
Longtime Fool contributor Rick Munarriz is an optimist at every turn. He's the inspiration for The Killers' "Mr. Brightside" song. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.