Indices are green despite AAPL, that shows that markets were "deeply oversold".
S&P 500 @ 1342.40
Internals are positive
Oil Down 50 cents
Gold UP $31
Canadian $ UP 63 tick @ 98.50
VIX Down 6.55% @ 19.13
Portfolio is BIDU,LVS,NTES,JCP,TCK,AUY
TCK reported before open & it was below expectation.
LVS is reporting tonight, based on TAPE, it looks like a miss & guide down.
Most stocks are UP
@ 2.05 following are down :
LVS,TCK,PCLN,AAPL,CLF,AMZN,LNKD,
LEN,CTXS, V,BWLD,EXPE,ARNA,ECA....
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteI think the LVS weakness is mostly attributable to IGT's weakness. I'd almost bet LVS can rally after earnings no matter what they say.
Stocktrader
Hi Stocktrader,
ReplyDeleteThat is a possibility for LVS...i am holding LVS for a change in its fortune.....weakness should be priced in.
Saleem
SALEEM
ReplyDeleteI know little of LVS --just remember that if it is a big miss, it will be punished a lot
Best of luck
C
Hi C,
ReplyDeleteI am used to taking punishment..but alway's hoping for a turn UP in LVS.
Saleem
Hey Saleem,
ReplyDeleteCTXS reports for me in minutes. I'm pretty nervous on this one given today's action, but I believe they had a pretty great quarter. I guess we'll know soon enough...
Stocktrader
Hey Saleem,
ReplyDeleteDespite the after hours sluggishness on confusing Q3 earnings guidance (lots of special items), everything seems ok here. Deferred revenue is increasingly nicely, cash flows remain strong, and they remain competitively positioned. I wouldn't be surprised to see it trade better tomorrow.
Stocktrader
Hi Stocktrader,
ReplyDelete3.79% AH decline can go IF CTXS follow up with their buyback after open.
Based on what i read Q3 EPS is 6 cents shy of analyst expectations but Sales guidance is $4 million higher.
Good luck on Wednesday.
Saleem