Indices are mixed & only Nasdaq in green. ISM report was better than expected & turned indices from low point.
S&P 500 @ 1764.50, low 1755.76
Internals are mostly negative
Oil Down $1.34
Gold Down $4.90
Canadian $ Down 28 tick @ 95.52
VIX UP 1.24% @ 13.09
Portfolio AMZN FNSR JKS LNKD MU
Most stocks are down
@ 1.56 following are green :
AMZN FNSR LNKF FB KORS CSOD YELP PCLN
GOOG NFLX LULU DNKN CMG COH SPLK
YUM FFIV MA V FSLR LRCX SBUX MCD
X BBRY WYNN....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
I can't believe how weak BIDU has been. It should find support here and bounce some. Then I'll have to make a decision.
YY reports tomorrow before the bell. The stock has really been acting well considering all the Chinese stock noise. I hope this translates into a good quarter.
Stocktrader
Hi Stocktrader,
So far BIDU is holding 50 DMA...
YY should be a beat.
Saleem
Hey Saleem,
A Hong Kong analyst recently warned about a potential margin miss for YY, but I'm expecting strong top line growth to offset any worries about EPS for now (if they miss at all).
Stocktrader
Hi Stocktrader,
Very few earnings report are perfect....IF traders give it a "thumbs UP"...then nothing matters.
Good luck with YY.
Saleem
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