Wednesday, May 18, 2016

Indices mixed....

Fed minutes caused stocks to give up gains and slipped into red,only Nasdaq is barely green. Minutes revealed that Fed wants to increase interest rates in June IF all data points to inflation, job growth and stronger economic data, all are subjective and may not fully align with their definition.

S&P 500 @ 2037.50, low 2036.66, high 2060.61

Internals are mixed

Oil Down 8 cents

Gold Down $12.20

Canadian $ Down 1.01 @ .6994

VIX UP 2.31% @ 15.93.....quite tame reaction????

Portfolio BIDU CNQ CMG JKS LULU JCP SBUX TWTR

Most stocks are down

@ 2.35 following are green :

PANW NXPI SPLK AAPL QRVO V NFLX TSLA EBAY
FFIV FSLR MU AMCC CIEN LRCX MSFT CRUS
DATA SWIR CSOD MS GS.....

BLOG does NOT give buy or sell.

Saleem

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