Indices are mixed as oil gave up its morning gains, Fed speak continues unabated saying the same thing " interest rate to go up in near future".
S&P 500 @ 2090.82, high 2094.30, low 2087.08
Internals are mixed
Oil Down 6 cents
Gold Down $3.50
Canadian $ UP 32 tick @ .7014
VIX Down .72% @ 13.80
Portfolio BIDU ABX CNQ CMG JKS JCP SBUX TWTR
Most stocks are lower
@ 2.14 following are green :
CNQ SBUX AMZN FB NTES NFLX TSLA YHOO
AAPL SSYS BABA MU GG OLED AEM CRUS
CSOD AGU......
JKS reports before open on Friday, following are expected :
Sales Q1 $685.05 million, EPS 86 cents
Guidance Sales Q2 $743.31 million, EPS $1.18
Expecting a huge beat in EPS.....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Added 50% JKS @ $23.32.
Saleem
Hi Saleem,
TSL this morning talked a lot about an overcapacity in the second half of the year, although I think JKS is running full out due to their demand--seems like we see big deals from them every few days. Regardless, I'll be trimming my overweight in JKS tomorrow.
Stocktrader
Hi Saleem,
I guess this analyst had similar thoughts!
20:26 EDT TSL theflyonthewall.com: Trina Solar downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Vishal Shah downgraded Trina Solar to Hold following the company's Q1 results and lowered his price target for the shares to $9 from $11. China's worsening solar market in the second of 2016 will lead to increased pricing pressure and impact Trina's margins, Shah tells investors in a post-earnings research note. :theflyonthewall.com
Stocktrader
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