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:

stocktrader_1996 said...

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

Stocks100 said...


Hi Stocktrader,

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

Saleem

stocktrader_1996 said...

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