Indices are staging a strong rally and its @ high of the day.
S&P 500 2058.94, high 2060.68, low 2043.45
Internals are positive by minimum 2 to 1
Oil UP $2.12
Gold Down 50 cents
Canadian $ UP 1.34 cent @ 75.61
VIX UP 5.51% @ 17.31
Bought KORS @ $67.60
Portfolio AKS BBRY EGO GPRO KORS MU TSL
GPRO reports AH, here are expectations :
Sales Q4 $580.33 Million, EPS 70 cents
Sales guidance Q1 $324.74 Million, EPS 17 cents
Expecting a beat and higher guidance
Most stocks are UP
@ 2.50 following are red :
KORS SWIR LEN YHOO BIDU BABA FB LULU NXPI
NFLX CSIQ M GMCR X COH TRIP MLNX WUBA
SINA DNKN CMG HIMX CRUS LSCC...
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
Trimmed YELP @ 57.622 ahead of earnings. I don't need the full exposure given the big run in recent days and the volatility that comes with this stock.
Stocktrader
Hey Saleem,
Preliminary look at earnings and guidance appears fine. These guys look to be back on track unless I'm missing something. After hours volume is very low for this kind of stock--makes me think the down move is fake. Conference call should be interesting!
Stocktrader
Hey Saleem,
Some initial comments are less positive. It seems they need to step up marketing and products to get both users and businesses more engaged. Maybe their momentum is slowing...
Stocktrader
Hi Stocktrader,
Thanks for your take on YELP earnings.
Saleem
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