Dell (DELL) is helping lead the market lower. Maybe housing finally has bottomed? And one trader is skeptical of Expedia's (EXPE) ability to buck the bearish trend today.
mojoris1977: just because David Einhorn and Whitney Tilson like $DELL doesn't mean you should just blindly follow them in. $XRX
TrendRida: $DELL takes the meaning of value trap to a new level...
firstadopter: $DELL call: seeing consumers switching IT spend to alternative mobile devices (Can you say Apple iPad?)
Dell definitely seems like a company that has a lot going against it. Even though some prominent hedge fund managers are defending it because it's cheap, Dell doesn't seem to have an answer for Apple and the tablet revolution.
stephanie_link: $TOL delivers again - revs up 16% y/y, deliveries up 14% and backlog up 37%. impressive. housing continues to be a good theme.
murphyrosecliff: $TOL nice qtr. CEO "The spring selling season has been the most robust and sustained since the downturn began."#recovery
Toll's numbers are a good sign. But I'd be careful to conclude that housing is truly in recovery mode. Home Depot (HD) and Lowe's (LOW) don't seem to think so. This may be a case of Toll (TOL) being the best of the builders.
dcav: $EXPE now that I lost my job - I will book a trip to greece
Good luck with that. I hope you have some drachmas lying around from the 1990s!