Indices are under pressure again, due to Italy & Spain.
Indices are down .47% to .61%
Internals are negative.
Oil Down $1.58
Gold Down $11.50
Canadian $ Down 12 tick @ 100.86
VIX UP 2.93% @ 19
Portfolio is CNQ,COH,MS,RIMM,RVBD,ZNGA
Most stocks are Down
@ 1.55 following are UP :
PCLN,LVS,WYNN,FCX,BIDU,FFIV,VMW,
TCK,CMG,AMZN,CRM,TSL,NTES,BWLD,
SBUX....
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hey Saleem,
COH is looking really good here. I keep trying to find a way to buy it! :)
Stocktrader
Hi Stocktrader,
I think COH is the next big mover in retail....
Earning coming out on 24th before open.......should be a bigger beat than last time.....
Saleem
HEY all
AMAZ is showing amazing strength
FCX is showing a uptrend --gold must be its catalyst as copper is down today.....
The market is a real yoyo,
Good luck with Coach--one of my fav's the 4 day average crossed the 9 day --good sign
C
Hi C,
YES...AMZN is rocking today..hopefully it can go above $210 this time.
Thanks for your tech read on COH....my only green so far....
Saleem
Hey Saleem,
Reading briefly through the STLD press release, earnings and outlook look fine/good to me.
Also, do you know the readthrough from FFIV to RVBD? I seem to remember RVBD going through a product transition and so good FFIV earnings might not equate to RVBD this quarter?
Stocktrader
Hi Stocktrader,
WAN optimization was an area of strength for FFIV tonight.
YES..RVBD is introducing new Steelhead line this Q which ended in March......
March Q they are projecting FLAT EPS YOY, but Sales is projected to GROW by $22.97 Million..so lot of expense is being used up for product intro.
June Q EPS consensus is growing by 4 cents to 24 cents vs 20 for Q1....
I am pretty confident that Q1 will be in-line but Q2 may give some upside in terms of EPS..say 25 cents......
RVBD has been in penalty box for 90 days.....maybe next 90 day performance may be better.....we will know 22 hrs from now......
Saleem
Hey Saleem,
Nice recap, thanks! :)
Stocktrader
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