Just when Guy Adami was making another prediction of S&P 500 going "way below"..we are pretty close to 3 yr high...how ironic that for 2 years straight he has been wrong about market direction...but talks like a "know it all"...
Indices closed UP around 1%....
Internals of the market were strong.
Stocks which were UP 1% or more included RVBD,GS,IBN,SOHU,CCJ,
LEN,BAC,FFIV,F,C,JASO,BZH,SINA.....
AH ER FNSR guiding way lower than consensus, stock Down 35.85%
AH CIEN Down 6.51%
AH JDSU Down 13.83%
AH ER STP was a beat & guiding higher, stock UP 3.67%
AH SOL announcing a "very complicated derivative based convertible" of $200 million with over allotment. Stock Down 4.97%
AH TXN updating guidance in-line, stock Down .61%
AH Futures Mixed
AH Asian markets UP
AH Oil Down
AH Gold & Silver UP
BLOG does NOT give buy or sell.
Saleem
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