Indices are down & near low of the day due to World Bank announcement of slower economic activity worldwide. Overbought is the real reason.
S&P 500 @ 1941.56, low 1940.08, high 1949.37
Internals are negative by 2 to 1
Oil Down 1 cent
Gold UP 80 cents
Canadian $ UP 39 cents @ 91.40
VIX UP 7.55% @ 11.82
Portfolio WUBA GRPN LULU OWW RAD SWIR
LULU reports before open Thursday, expectations are :
Q1 Sales $381.24 million EPS 32 cents
Guidance Q2 Sales $387.19 million EPS 36 cents
Almost 25% short interest, expected move 12% +-
Most stocks are down
@ 2.36 following are green :
WUBA RAD SWIR MU GG OTEX YY YELP EXPE
YHOO AMZN BIDU TSLA PCLN KORS AG
LVS KOG SINA CMG SU EBAY FSLR
SPWR INVN GTAT SNDK FNSR
SPLK X STLD SLW AEM
CCJ DATA MGA
CSOD.....
BLOG does NOT give buy or sell.
Saleem
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