Wednesday, August 6, 2014

Indices green .04% to .21%...NICE !!!!

TAPE is not sure what to do about economic data from Italy & Germany. S&P 500 made a lower low but Dow & Nasdaq still above recent lows.

S&P 500 @ 1921.11, low 1911.45, high 1927.91...S&P 500 has lost 4.53% @ its low today....

Internals are positive

Oil Down 47 cents

Gold UP $24.10

Canadian $ UP 40 tick @ 90.82 on better trade data on highest surplus in 2.5 yrs to $1.9 Billion

VIX Down 3.26% @ 16.32

Portfolio EGO FB LULU MU RAD SWIR

Most stocks are UP

@ 2.19 following are red :

RAD MU GTAT WUBA YELP TWTR LNKD
AAPL GRPN COH LVS LEN JKS SU 
SPWR YNDX HIMX JCP PANW
SPLK X DATA CSOD MGA
WLT TRLA Z WYNN
AGU MLNX.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

CSOD reports after the bell. This is the one cloud report I have been "worried" about all season. I don't see any way they can sustain this level of growth now that they have moved down market and face peripheral competition which may be delaying the sales process. Although they will generally report in-line numbers, the billing numbers, deferred revenue, and outlook are key.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Looks like CSOD earning is bad..down $2.30 so far.

Saleem