Indices are @ high of the day confirming this new uptrend. Fed minutes showed no dissent in policy matters.
S&P 500 @ 1866.01, high 1866.60, low 1852.38
Internals are positive by almost 2 to 1
Oil UP 91 cents
Gold UP $1.20
Canadian $ UP 54 tick @ 91.33
VIX Down 6.25% @ 13.96
In my portfolio :
Bought GRPN @ $7.40
Portfolio WUBA GRPN LULU MU OWW RAD
Exposure 159%..highest in 12 months
RAD reports before open Thursday, expectations are :
Q4 Sales $6.54 Billion EPS 4 cents
Q1 guidance Sales $6.37 Billion EPS 7 cents
With new purchase 2 days ago guidance could be lower....
Most stocks are UP
@ 2.09 following are red :
OWW GM TSLA SU RVBD CRUS
JCP ABX AEM WLT .....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
First that analyst note about CSOD, and now the warning from IMPV. I think there are early indications of lengthening sales cycles as more competitors enter each market--I'm not even sure the leaders will be insulated.
Stocktrader
Hi Stocktrader,
Seems like they are all chasing same limited business...few will come out OK...but most will struggle....
I have not gone in-depth into cloud..so no idea who the winner will be...based on what i have seen...everyone is losing money ?
Saleem
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