Tuesday, January 6, 2015

Indices down .44% to .75%.....

Indices are down again but off their lows of the day as RSI went into oversold territory, THUS BECAME A BUY, BUY , BUY.....

S&P 500 @ 2009.44, low 1992.44, high 2030.25

Internals are down minimum 2 to 1

Oil Down $2.24....new 5.5 yr low

Gold UP $12.20

Canadian $ Down 50 tick @ 81.88

VIX UP 8.73% @ 21.66, high today 22.90

In my portfolio :

Doubled my position in MU @ $32.92

Portfolio AKS BBRY EGO GPRO MU NXPI TSL

MU reports after close, following are expectations :

Q1 Sales $4.62 Billion, EPS .92 cents

Guidance Q2 Sales $4.53 Billion, EPS 91 cents

Expecting a beat on Q1 and in-line guidance for Q2

Most stocks are down

@ 2.40 following are green :

EGO GG YY YELP TWTR BIDU TSLA BABA
YNDX SNDK MCD ABX SLW AEM AGU
MLNX.....

BLOG does NOT give buy or sell.

Saleem

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