Indices are tracking oil again, first down then UP. Indices are @ high of the day.
S&P 500 @ 1942.94, high 1944.81, low 1925.41
Internals are positive by 2 to 1 in most categories.
Oil UP $1.11
Gold Down $3.40
Canadian $ UP 1.72 cent @ .6472 US$..huge move today against US$ @ highest level since December 2015.
VIX Down 3.91% @ 19.91
Portfolio BIDU CNQ CTSH FB JKX MSFT SBUX V
Most stocks are higher
@ 2.34 following are red :
BIDU CNQ JKS RLYP NTES TWTR PCLN AMZN
CSIQ SINA CMG YUM BABA AMCC CIEN
AMBA CCJ CTRP.
BIDU reports after close, here are the expectations :
Q4 Sales $18.55 billion, EPS $6.62
Q1 guidance Sales $16.32 billion, EPS $5.57
Expecting a beat and slightly higher guidance.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I am very interested in PANW tonight. Enough of its sales are non-recurring that one day it will have a fall like DATA (although not likely to that extent).
SPLK also reports but I think there's less to see there. I do wonder what price action will look like on a beat and raise quarter since it sold off every quarter last year doing the same thing. Is enough priced in now finally?
Stocktrader
Hi Stocktrader,
Just a hunch no FA involved....
SPLK may shot UP$$$$$$
PANW looks solid here, expecting positive action on ER.....based on where it is price wise.
Saleem
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