Oil is extremely weak and closed below $40, stocks are @ low of the day on beige book saying slow recovery. Janet Yellen looking forward to rate hike.
S&P 500 @ 2083.22, low 2082.63, high 2104.27
Internals are negative by almost 4 to 1 in NYSE & almost 2 to 1 in Nasdaq
Oil Down $1.82
Gold Down $9.50
Canadian $ Down 6 tick @ 66.41
VIX UP 9.88% @ 16.12
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are down
@ 2.46 following are green :
FIT NTES BABA NFLX LVS CSIQ FFIV YUM
YELP FSLR SPWR CRUS FNSR YHOO
QIHU AMBA AAL CSOD Z WYNN
MLNX......
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Wow, AVGO really took off after hours despite uninspiring revenue and guidance (but better than the feared potential guide down). Cramer started pumping these last night and cheerleading again tonight. I guess I should have stayed in SWKS...
Stocktrader
Hi Stocktrader,
You can buy back SWKS after jobs report panic.....
Saleem
Hi Saleem,
Haha, maybe true! Although I think we've discounted a normal jobs report at this point, pointing to a Fed rate hike. The real wildcard in my mind is Draghi pre-market tomorrow.
Stocktrader
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