Indices reacted to machines on ongoing Chinese weakness, but when no panic followed all the losses are erased & indices showing green.
S&P 500 @ 1882.75, high 1883.52, low 1866.77
Internals are negative
Oil Down 65 Cents
Gold UP $6.80
Canadian $ UP 20 tick @ 90.47
VIX UP 2.63% @ 13.25..high today 14.20
Portfolio WUBA GRPN LULU MU OWW SWIR
OWW reported before open, it was a beat in Sales & EPS if you factor income tax charges, guiding higher Sales....but market God decide which way it will go in trading, currently down 3.77%....
Most stocks are down
@ 2.16 following are green :
WUBA LULU MU SWIR FB YY EXPE LNKD
MA AMZN TSLA PCLN KORS AAPL
CMG V FSLR SPWR YNDX SNDK
NFLX PANW GMCR Z.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
DATA reports after the bell, and based on their last quarter massive beat, and analysts below the midpoint of the company's guidance, they should handily beat again. That said, I'm still nervous and can't get involved. I hope this is not another "PFPT" where the stock gaps over 10% in the morning and never comes back.
Stocktrader
Hey Saleem,
Oops, I need to correct something: I remembered the company's guidance incorrectly for Q1. Apparently analysts are at the very high end of the company guidance. That does change the picture a little bit with respect to expectations.
Stocktrader
Hey Saleem,
Well...they did it again, and it looks like another PFPT-type gain for tomorrow's open. I am upset I didn't have enough confidence with either of these companies to participate despite predicting the very nice quarters. Am I going to be the fool buying at $65 tomorrow?
Stocktrader
Hi Stocktrader,
NO...idea is to make money...
It is never too late....
Good luck,
Saleem
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