Thursday, August 4, 2016

Indices mixed....

Indices are mixed on Bank of England decision to cut rates by .25%. Oil is higher but not helping indices.

S&P 500 @ 2162.69, low 2159.07, high 2168.19

Internals are mostly positive.

Oil UP $1.09

Gold UP $2.90

Canadian $ UP 62 tick @ .6997

VIX Down 2.95% @ 12.48

Portfolio GOOG CNQ CMG GG NTES JCP UA VRX

Most stocks are higher

@ 2.41 following are red :

GOOG CMG NTES OLED BIDU COH SPWR PCLN
QRVO SBUX CHK SSYS FEYE FSLR AGU
TRIP.....

BLOG does NOT give buy or sell.

Saleem

9 comments:

stocktrader_1996 said...

Hi Saleem,

Wow, what an earnings slate tonight!

There are five stocks I'm either in or directly interested in including MACK TASR CSOD OLED Z/ZG. Also, there are even more stocks I somewhat watch like PCLN FEYE JUNO MNST. It will be a very busy night (and WLH and IBP tomorrow morning)!

Stocktrader

Stocks100 said...


Hi Stocktrader,

YES...you are busy for next 16 hours with earnings.....

I only have tiny interest of 1 option in OLED.....shall see how it goes....

Good luck with your direct involvement.

Saleem

stocktrader_1996 said...

Hi Saleem,

I'm listening to MACK first, and probably switching to Z/ZG at 4pm. I'm not sure hearing the conference calls for CSOD or OLED will provide much additional insight at this time, and TASR was just as good as expected. I'm hoping for a "sell the news" to get a good entry there.

Stocktrader

Stocks100 said...


Hi Stocktrader,

OLED was a miss and miss.....CSOD minor negative in AH......bigger disaster are FEYE & SWIR.

Saleem

stocktrader_1996 said...

Hi Saleem,

HDP also.

Rough night for after hours...

Stocktrader

Stocks100 said...

Hi Stocktrader,

WOW...HDP is the worst so far....

Saleem

stocktrader_1996 said...

Hi Saleem,

IMPV just reported and guided horribly also. They are "reviewing strategic alternatives" so they are getting a pass...

Stocktrader

stocktrader_1996 said...

Hi Saleem,

I'll have to dig through the numbers and call later tonight, but CSOD's problems might be related to currency almost exclusively. It might be more interesting than I thought...

Stocktrader

Stocks100 said...


Hi Stocktrader,

Thanks for your take on many cc....

Looking forward to your concluding analysis.

Saleem