Indices are lower & near low of the day on overbought conditions and lower oil.
S&P 500 @ 2163.57, low 2162.77, high 2174.56
Internals are negative by 1.50 to 1 in both NYSE & Nasdaq
Oil Down 84 cents
Gold UP $10.30
Canadian $ Down 20 tick @ .6924
VIX UP 9.09% @ 12.84
In my portfolio :
Bought OLED @ $68.50
Portfolio CMG JCP OLED SBUX VRX
Most stocks are down
@ 2.06 following are green :
JCP VRX EGO GG ABX KGC BIDU UA MSFT
EBAY FFIV CHK TK LNG MCD TCK SLW
AEM MGA FCX......
AH SBUX reporting, following are expectations :
Current Q Sales $5.33 billion, EPS 49 cents
Expectations next Q Sales $5.76 billion, EPS 55 cents
Expecting a small beat...
CMG also reports AH , here are the expectations:
Current Q Sales $1.05 billion, EPS 93 cents
Expectations next Q Sales $1.16 billion, EPS $2.05
Bad news seems to be priced in, any improvement shown, stock will fly....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Stocktrader,
Congratulations on RLYP huge move today, i am sure Joseph is ecstatic also.
Doubled my position in SBUX @ $57.35.
Saleem
Hi Stocktrader,
Bought NXPI @ $83.60.
Saleem
Hi Saleem,
I am indeed happy with RLYP profit. I did trade several times the same stock but i missed the huge move today. I still hold RLYP (750 share). Let us see how far it will go. Thanks for the blog and for your words of encouragement. Good luck with SBUX and NXPI...
Joseph
Hi Joseph,
I am really happy that you showed "conviction & patience " with RLYP...it paid off well$$$$.
Saleem
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