Oil is sharply higher but indices are going south and are @ low of the day, this decoupling to the negative side is troubling. US$ is also lower which used to be positive for this market......
S&P 500 @ 2072.39, low 2072.01, high 2083.29
Internals are mostly negative
Oil UP $1.50
Gold UP $10.60
Canadian $ UP 80 tick @ .7170
VIX UP 3.67% @ 14.13
Portfolio BIDU CNQ CMG JKS NTES JCP SBUX TWTR
Most stocks are down
@ 1.59 following are green :
CNQ JKS NTES TWTR ABX SPWR PCLN AMZN
TSLA CSIQ SINA SU CHK TK WB CIEN SLW
AEM DATA CSOD ZG.....
NTES reports after close, here are the expectations :
Q1 Sales 7.85 billion Yuan, EPS 14.92 Yuan
Guidance Q2 Sales 8.43 billion Yuan, EPS 14.92 Yuan
Expecting a solid beat......
BLOG does NOT give buy or sell.
Saleem
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