Tuesday, May 26, 2015

Indices down 1.11% to 1.26%.....

Indices are in freefall as US$ has taken off.

S&P 500 @ 2101.09, low 2100.02, 2125.24

Internals are negative by 4 to 1 in NYSE and 3 to 1 in Nasdaq

Oil Down $1.72

Gold Down $17.00

Canadian $ Down 1.14 cent @ 75.77 lowest level in 5 months

VIX UP 19.54% @ 14.50

Portfolio AKS BBRY GPRO LULU KORS RAD SWIR VDSI

Most stocks are down

@ 2.34 following are green :

RAD FEYE YY JCP......

KORS reports before open on Wednesday, here are the expectations :

Q4 Sales $1.09 Billion, EPS 91 cents

Q1 Expectations Sales $1.09 Billion, EPS $1.03

Expect a positive reaction to KORS earnings, 6% expected move +-

BLOG does NOT give buy or sell.

Saleem

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