Indices are higher on higher oil & higher FB earnings.
S&P 500 @ 1895.88, high 1902.96, low 1873.65
Internals are positive
Oil UP 93 cents
Gold Down $1.90
Canadian $ UP 41 tick @ 59.50 US$
VIX Down 3.76% @ 22.24
In my portfolio :
Sold BABA @ $67.64
Sold BITA @ $18.60
Added 200% AMZN @ $607.99
Portfolio AMZN BIDU CNQ FB JKS SBUX
Most stocks are higher
@ 2.46 following are red :
BIDU JKS RLYP PCLN TSL FEYE MU BABA
BITA FIT LEN NXPI TWTR CSIQ YHOO
SINA EXPE EBAY FFIV MA V YELP
CIEN NTES AMCC AAL M SPLK
ABX SLW SPWR CSOD MGA
MS VRX TRIP.....
AMZN reports AH, here are the expectations :
Q4 Sales $35.93 billion, EPS $1.56
Q1 Expectations Sales $27.65 billion, EPS 75 cents
I expect a beat in Q4 and in-line guidance.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I did a lot of selling in the last half hour as stocks seems "heavy" even in these up days. I'm moving to the sidelines with much of my cash and waiting for the market to give signals as to the next leg, either up or down:
Sold RLYP @ 18.45
Sold LNKD @ 190.85
Sold WLH @ 10.85
Sold DKS @ 37.63
Sold GM @ 29.08
SPLK, FIT, BBRY are locked up until next week. I hope to sell BAC and URI at a better time.
I'm expecting the Chinese market to be up nicely overnight in anticipation of weekend stimulus, so maybe tomorrow will be a chance to sell those.
Stocktrader
Hi Stocktrader,
Good luck with rethink.
It is all about comfort level with this crazy market.
Good to regroup and monitor better time for re-entry.
Good luck with rest of your stocks.
Saleem
Post a Comment