Indices are near high of the day after testing support near 50 DMA.
S&P 500 @ 1993.80, high 1996.25, low 1982.29
Internals are mostly positive.
Oil Down $1.23
Gold Down $1.00
Canadian $ UP 35 tick @ 90.56
VIX Down 3.11% @ 13.08
Portfolio EGO FB LULU MU MITL RAD
LULU reports Q2 before open on Thursday, here are expectations :
Q2 Sales $376.80 million, EPS 29 cents
Guidance Q3 Sales $421.85 million, EPS 38 cents
I think, it will be an inline result and guidance as expected...that may be taken as positive, short interest is 23% which can result in short covering.......
Most stocks are UP
@ 2.23 following are red :
EGO LULU QIHU GTAT SWIR GG YY BIDU
WUBA LVS DNKN SU EBAY FSLR SPWR
INVN YNDX HIMX CRUS SNDK AMCC
LSCC CIEN M SBUX X STLD ABX
SLW AEM MGA WLT AGU......
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment