Indices are lower & @ low of the day after being UP earlier, beige book saying US$ strength causing economic slowdown.
S&P 500 @ 1993.83, low 1992.60, high 2009.56
Internals are negative
Oil Down 5 cents
Gold UP $21.90
Canadian $ UP 89 tick @ 70.51....near high in months
VIX UP 4.53% @ 18.47
In my portfolio :
Sold FEYE @ $29.51
Bought NFLX @ $109.15
Portfolio FB FIT LULU NXPI NFLX TSLA VDSI
Most stocks are down
@ 2.45 following are green :
NXPI VDSI LNKD SWIR TWTR CNQ TSL MU
LVS GPRO JKS CSIQ SU FSLR SPWR
YNDX HIMX SNDK AMCC CIEN
FNSR X ABX SLW GG AEM
MGA Z WYNN AGU TRIP...
AH NFLX reports, following are expectations :
Q3 Sales $1.75 billion, EPS 8 cents
Q4 guidance Sales $1.86 billion, EPS 4 cents
Generally, earnings reaction has been positive in 3 of last 4 quarters....
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteBought back AMBA @ 55.943
With all the M&A in the sector, this stock should have a floor and I think it is in some of the best growth areas of the market with its video compression chips.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with AMBA.
Saleem