Indices are lower despite oil being up and Chinese central bank cutting reserve requirement for banks by .5% to stimulate economy.
S&P 500 @ 1944.23, low 1942.88, high 1958.27
Internals are positive
Oil UP $1.06
Gold UP $15.90
Canadian $ UP 1 tick @ .6499 US$
VIX UP 2.17% @ 20.24
Portfolio ABX BIDU CNQ CTSH FB JKS KSFT SBUX V
Most stocks are UP
@ 2.42 following are red :
FB MSFT PANW RLYP GOOG NTES LNKD NXPI
NFLX SINA EXPE VDSI CIEN ...webbroker down
JKS reports before open on Tuesday, here are the expectations :
Q4 Sales $712.77 million, EPS $1.28
Q1 expectations Sales $542.81, EPS 95 cents
Expecting a very good report .....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
It was really an amazing week despite the RLYP debacle. The overall portfolio was up 5.12% vs smaller gains for the indices. I am slowly crawling my way back out of the YTD hole! Big gainers were WLH (+34.0%), DKS (+11.4%), HUN (+9.6%), TREE (+8.9% upon selling), and NXPI (+8.7%). It really was a well-rounded incredible week--I think the bias is still higher despite sometimes myopic daily focus by traders.
Stocktrader
Hi Stocktrader,
Excellent performance by your portfolio.
Added 40% JKS in AH @ $24.67.
Saleem
Hi Saleem,
Good luck with the additional JKS. It is my favorite Chinese solar, but I have a hard time forecasting the business of solars generally.
Stocktrader
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