Tuesday, May 6, 2014

Indices down .75% to 1.20%......

Indices are trading near low of the day.

S&P 500 @ 1869.20, low 1869.05, high 1883.69

Internals are negative by 2 to 1 in NYSE & 3 to 1 in Nasdaq

Oil UP 38 cents

Gold Down 40 cents

Canadian $ UP 73 tick @ 91.20..trade surplus was revised UP huge......

VIX UP 3.99% @ 13.82

Portfolio WUBA GRPN LULU MU OWW SWIR

GRPN reports tonight, expectations are :

Q1 Sales $738.40 Million, EPS loss of 3 cents 

Q2 guidance Sales $754.37 Million EPS 3 cents

It is an easy beat tonight......

Most stocks are down

@2.01 following are green :

OWW YHOO BIDU RAD JKS CSIQ SU
ONVO YNDX BSFT GMCR AEM
AGU MLNX......

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

Sold MOS @ 48.595.

There were actually a few good things to like about the guidance and conference call, but overall the sector just isn't moving forward fast enough and every quarter seems to be a disappointment.

I wanted to raise some cash for potential opportunities in something like YELP around 50 and others.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move.

Saleem