Intuitive Surgical Cuts Up Analysts

Intuitive Surgical (ISRG), my my. I only brought up this company a few times to you guys. I asked Gary if they have “robotic doctors” down at Queens, but I guess Hawaii is behind the curve in medical technology. I’m not sure if you remember them but they are the guys who do robotic surgeory. Their Da Vinci is one impressive surgical machine, so impressive that hospitals don’t care about the $1+ million price tag. This is THE future for invasive surgery. Anyway, if you haven’t guessed it yet, I got the name of this website “Intuitive Traders” from this company. Hehe. And now, thanks to a huge blow out earnings surprise (beat analyst by over 100%!! Boy were they wrong), I think I have to go ahead and bring on the monkey! Just how impressive was their quarter? Read the figures here, but let me just say, the 2006 year earnings estimate was $1.20 per share, in this quarter alone they did $.38 per share. That’s bananas crazy!

Marketwatch/Articles I’m Reading

• Thanks to tensions in Iran, silver (wow!) and gold futures up…. way up! Hopefully the spot prices will follow.
• Microsoft takes the Nasdaq down with them.
• The new Silver ETF has a good debut, but this guy brings out a hidden flaw in the gold(GLD) and silver(SLV) ETFs: declining physical assets.
• Everyone knew Iran wouldn’t cooperate, so why didn’t we buy oil stocks yesterday? Grrrrr.

Well I’ll see you all tonight. I’ll be posting an options trade analysis on Intuitive Surgical on My Trader Notes, and I’ll do an update on the “predictions-practice” on that site too. What will I be blogging about this weekend? I will be working on a Trade Cramer Program. So far it’s a really neat system! I don’t really care if Cramer says buy or sell (you might as well flip a quarter), but this system entails the effect Cramer has on the market. I think I’ll be amazed after I run all the statistics.