Dow & S&P 500 made a new all time high but indices have reversed due to higher unemployment claims data & anticipation of jobs number......
S&P 500 @ 1887.11, high 1893.80
Internals are negative almost 2 to 1
Oil UP 40 cents
Gold Down $5.70
Canadian $ UP 1 tick @ 89.61
VIX UP 2.14% @ 13.37
Portfolio WUBA EGO MU RAD
Most stocks are down
@ 2.06 following are green :
RAD GM OWW GOOGL KOG SU RVBD
CRUS LRCX X STLD GIB WLT
MLNX....
MU reports AH , expectations are:
Sales Q2 $3.99 Billion EPS 76 cents
Guidance Q3 Sales $3.97 Billion EPS 70 cents
MU is hotly debated by genius Herb Greenberg who is calling
for a bad report based on his "unique analysis skill".....I expect
a huge beat & in line guidance....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Did a swap..sold EGO @ $5.74 & bought LULU @ $53.75
Saleem
Hey Saleem,
Good luck with that swap. I think gold for retail looks good right now.
Stocktrader
Hi Stocktrader,
IF jobs report is as good as i think....gold may suffer.....that was my logic & LULU may shine !!!!
Saleem
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