Wednesday, July 25, 2012

Indices green, UP .11% to .76%....NICE !!!!

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

7 comments:

stocktrader_1996 said...

Hey Saleem,

I 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

Stocks100 said...

Hi Stocktrader,

That is a possibility for LVS...i am holding LVS for a change in its fortune.....weakness should be priced in.

Saleem

c said...

SALEEM

I know little of LVS --just remember that if it is a big miss, it will be punished a lot

Best of luck
C

Stocks100 said...

Hi C,

I am used to taking punishment..but alway's hoping for a turn UP in LVS.

Saleem

stocktrader_1996 said...

Hey Saleem,

CTXS 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

stocktrader_1996 said...

Hey Saleem,

Despite 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

Stocks100 said...

Hi Stocktrader,

3.79% 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