Wednesday, June 11, 2014

Indices down .37% to .69%......

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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