Tuesday, July 26, 2016

Indices down .02% to .25%....

Lower oil and weak earnings are putting negative pressure on indices.

S&P 500 @ 2163.97, low 2160.18, high 2173.54

Internals are positive by 17 to 11 in NYSE & 14 to 10 in Nasdaq

Oil Down 31 cents

Gold UP $1.60

Canadian $ UP 22 tick @ .6808

VIX UP 2.8% @ 13.23

In my portfolio :

Sold NXPI @ $86.00

Bought AAPL @ $97.09

Portfolio AAPL CMG JCP SBUX OLED VRX

Most stocks are UP

@ 2.02 following are red :

AAPL CMG OLED COH SPLK GOOG PCLN
AMZN QRVO FB LULU UA TWTR V LEN
SINA DNKN YUM SWN TSLA MCD
CSOD ORCL MLNX

AAPL reports AH, here are the expectations :

Sales $42.09 billion, EPS $1.38

Expectations next Q Sales $45.71 billion, EPS $1.60

Expecting a beat in Sales & EPS......many deficiencies are priced in....

BLOG does NOT give buy or sell.

Saleem 

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