Wednesday, December 2, 2015

Indices down .46% to .88%....

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:

  1. 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

    ReplyDelete

  2. Hi Stocktrader,

    You can buy back SWKS after jobs report panic.....

    Saleem

    ReplyDelete
  3. 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

    ReplyDelete