Indices opened higher on European optimism, then turned south on weaker home prices & consumer sentiment being lower than expectations.
S&P 500 low today was 1306.69, that makes it a "higher low".
RSI @ 60.90, had dipped below 60 earlier....
Oil UP 7 cents
Gold UP $1.60
Canadian $ Down 3 tick @ 99.77, CAD was higher than US$ earlier but negative Canadian GDP data pulled it lower.....
In my portfolio :
Sold OTEX
Doubled my position in AMZN @ $191.67
Portfolio is AMZN,RIMM,RVBD
AMZN reports AH, traders & analysts are divided as to Q4 result.Some are guessing 5 cents EPS while consensus is 17 cents on Sales of $18.20 billion, Q1 is a real wild card, expectations are, Sales of $13.36 billion & EPS of 35 cents.......stay tuned.......
Most stocks are UP
@ 1.50 following are down :
RIMM,OTEX,CNQ,CMG,LVS,LULU,MGA,
AGU,MOS,JCP,M,SNDK,FIO,GG,FFIV,
BIDU,CRM,GOOG,APKT,TSL,CRUS,
ARUN,SBUX,AEM,NYX,NDAQ,TCK...
BLOG does NOT give buy or sell.
Saleem
12 comments:
SALEEM
thanks for your positive comments to me!
I hope that AMAZON works for you.
I may get some after market--dunno
best to all
Hey Saleem,
I'm still in the camp that AMZN needs further stock price reset to account for their changed margin expectations in the future.
I wish you good luck and I hope they prove all doubters completely wrong!
Stocktrader
Hi C,
AMZN will do what AMZN normally does......unpredictable.
Saleem
Hi Stocktrader,
Thanks for your take of AMZN.....
Sometimes stock price reacts to what is perceived as "better than expected"
With AMZN..it is almost impossible to know what the expectations ARE.....
SO..i wait for the verdict !!!!
Saleem
Hey Saleem,
WPRT seems to be in blowoff top mode? I don't know what to do, I like the story so much longer term... I might have to try and pick an intraday reversal move and just try and save a couple $$.
Stocktrader
Hi Stocktrader,
WPRT is having a sharp $3.23 move UP....I agree WAIT for a reversal day below previous day low to sell..otherwise stay in .....
Saleem
S
Looks like amazon is hurting now!!!!
EPS .38cents vs est.16 cents
rev $17.43B vs. est of $18.3 billion.
1q sales outlook below expectations
Kindle sales are astounding high
Hmmmm
C
C
I sold my share before closed and just buying it back now.
Up
did you lose on your sale
Best of luck on your buy after hours
C
C
I already gain few points and will hold on till late today or tomorrow. Amzn is a fund stock, so they will support it
Up\
GOOD for you you made some $$$$
I got some at $179. I will watch and see if we have some after hours pop!
Best to you always
C
Last time they disappointed, they open higher than the last after hour quote and shoot 10 more points higher the next morning. Don't know if it will behave the same way.
With 2 quarters of disappointment, I think it is better not to touch it anytime soon until they finally show they mean business again
Post a Comment