Indices are trying a V bottom as strong buying came in near support area above 2040 area. Attack in Yemen brought back buyers.
S&P 500 @ 2062.55, high 2067.15, low 2045.50
Internals are negative.
Oil UP $2.23..highest close in this rebound
Gold UP $5.10..highest close since recent slump...
Canadian $ UP 33 tick @ 75.19
VIX UP 1.42% @ 15.66
Portfolio AKS BBRY GPRO LULU KORS SWIR VDSI
LULU reported a beat in Sales & EPS by 5 cents
Guidance was trimmed to reflect weather,port strike delay & currency loss in Canada & Australia, all of which impacted Sales in current Q. LULU assured barring above one time items everything is moving in right direction. LULU up over 6%.....
Most stocks are down
@ 2.46 following are green by 1% or more :
AKS BBRY GPRO LULU VDSI TWTR QIHU AAPL
SU AMCC FNSR SPLK DATA CNQ.......
BBRY reports before open Friday, here are the expectations :
Q4 Sales $793.69 Million, EPS loss of 4 cents
Guidance expected Q1 Sales $818.63 Million , loss of 3 cents.
There is a good chance that BBRY may beat EPS....
BLOG does NOT give buy or sell.
Saleem
3 comments:
LL gives monthly report 4/2. The report is expected to be negative.
It's trading at 29.9 in afterhours.
I rebought today, a little higher, but it might be wise to wait for the 4/2 report.
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Analysts seem to believe upstream oil is overvalued.
Dan Dicker is one oil analyst I follow off and on.
Hi Firebird,
Good luck with LL.....
Good analyst must be followed.
Saleem
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