Valeant Pharmaceuticals ($VRX) crushed it with its earnings report. Though the stock was up around 20 percent intra-day and gave back some gains, the company raised its guidance. Branded Rx EBITDA at B+L rose. Salix’s non-branded revenue grew 40% non-GAAP. Sad faced. While the trolls on STOCKTWITS thought they were so smart ridiculing bearish warnings about MoviePass ($HMNY), their money will part from them. AMC (AMC) revealed how much it paid for the tickets. Plus HMNY is becoming illiquid as it fails to raise funds. BK is imminent. AT&T ($T) could fall below $30. Screaming buy at $28. Hertz (HTZ) fell. No surprise because who rents cars when there’s Uber? Plus, the rally before that was irrational. Micron $MU and $AMD are wait and see stocks. The day to day movements are of no importance. It is just noise. Long-term profit growth expected. Hold. In resources, oil and gas took a breather. Buy $BP, $XOM but avoid certain metal stocks like steel. $X and AKSteel $AKS are trading traps. Beware. Himax Technologies $HIMX reports results this week. Up or down after earnings? Intraday, HMNY: $HMNY, HELIOS & MATHESON ANALYTICS INC / H1 Comment below with your mid-week trades.