Indices are confirming this uptrend by being up back to back. Fed has not confirmed date to raise interest rate, they noted improvement in employment & housing.
S&P 500 @ 2106.67, high 2108.10, low 2094.08
Internals are positive
Oil UP 76 cents
Gold Down 40 cents
Canadian $ Down 23 tick @ 70.59
VIX Down 7.07% @ 12.49
Portfolio FB LULU NXPI RAD VDSI
Added 100% FB @ $94.85
Sold TWTR @ $33
Most stocks are UP
@ 2.53 following are red :
VDSI YELP TWTR GPRO WUBA CRUS SNDK GIB
QIHU AAL SPLK DATA CSOD WYNN......
FB & NXPI are reporting after close, here is what is expected :
FB
Sales Q2 $3.99 Billion, EPS 47 cents
Guidance Q3 Sales $4.35 Billion, EPS 50 cents
Expecting a Beat
NXPI
Q2 Sales $1.51 Billion, EPS $1.37
Guidance Q3 Sales $1.60 Billion, EPS $1.49
Expecting an in line Q
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Well...I've gotten really out of position here. A few times this week I've had my finger on the buy button and passed, namely FCX @ 11.70 yesterday and DATA @ 101.00 today. The backdrop seems constructive enough that I need to take some chances. I'll have to do some homework tonight! :)
Stocktrader
Hi Stocktrader,
TAPE has turned positive and headed higher, its important to be part of this runup.
Good luck with your homework.
Saleem
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