Indices are mixed by following oil. Nasdaq made a new all time intraday high. Economic data in US was weaker than expected.
S&P 500 @ 2181.06, high 2187.66, low 2180.69
Internals are positive
Oil Down 27 cents
Gold UP $5.50
Canadian $ UP 18 tick @ .6866
VIX UP 1.48% @ 11.67
In my portfolio ...added 30% GG @ $17.89
Portfolio GOOG CNQ CMG GG NTES JCP UA VRX
Most stocks are UP
@ 2.28 following are red :
CMG NTES JCP UA OLED BIDU COH SPWR LULU
NFLX CHK TK SWN RIG LNG CSIQ FSLR M
TCK FCX ZG TRIP.....
VRX earnings report was as follows :
Sales actual $2.42 billion vs expected $2.46 billion
EPS actual $1.40 vs expected $1.48
VRX is confirming Sales for the year @ $9.9 to $10.1 billion vs
expectations of $9.98 billion
For 2016 EPS guidance is $6.60 to $7 vs expectations of $6.52
IF we take $7 EPS...then currently VRX is trading @ PE of 3.97,
even after 23.79% move......
BLOG does NOT give buy or sell.
Saleem
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