Monday, November 2, 2015

Indices UP .69% to 1.29%....NICE !!!!

Indices are @ high of the day on strong European & British data.

S&P 500 @ 2098.67, high 2098.83, low 2080.76

Internals are positive by 4 to 1 in NYSE & over 3 to 1 in Nasdaq

Oil Down 55 cents

Gold Down $6.40

Canadian $ Down 26 tick @ 68.98

VIX Down 6.90% @14.03......lowest level in a long time

Portfolio CNQ CY FB FIT LULU NFLX VDSI

Most stocks are UP

@ 2.20 following are red :

NXPI YHOO CMG EXPE FFIV V M SBUX MCD
GG AEM CCJ TRIP MLNX......

AH FIT reports, here are expectations :

Q3 Sales $350.97 million, EPS 10 cents

Guidance Q4 Sales $580.72 million, EPS 20 cents

Expecting a beat and higher guidance.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

I am so tempted to buy a speculative position in FIT for what I feel like should be amazing earnings and guidance. Unfortunately, I have a hard time buying companies where I am uncertain about the longer term but have a one quarter confidence. I always worry "the street" will ignore the present and get worried about the future like me and I'll get an adverse reaction to a great quarter. I don't actually expect that here, but I'm still unable to buy even a small stake. I guess I'll have to stick with only some call options I bought in my trading portfolio...

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with your call option in FIT....

Saleem