Wednesday, August 3, 2016

Indices UP .13% to .22%....NICE !!!!

Indices are higher & @ high of the day on higher oil and better than expected private sector job creations.

S&P 500 @ 2160.73, high 2161.42, low 2152.56

Internals are positive by close to 2 to 1....

Oil UP $1.24

Gold Down $8.20

Canadian $ UP 35 tick @ .6926

VIX Down 2.17% @ 13.08

In my portfolio :

Sold SBUX @ $55.95

Added 125% NTES @ $197.83

Portfolio GOOG CNQ CMG GG NTES JCP UA VRX

Most stocks are UP

@ 1.49 following are red :

GOOG NTES JCP OLED TSLA AMZN QRVO FB
EGO ABX KGC SBUX DNKN EXPE YUM 
FEYE MCD SLW CRUS DATA ZG MLNX....

CNQ reports before open on Thursday, here are the expectations:

Sales $1.8 billion, EPS loss 20 cents

Expectations next Q Sales $1.88 billion, EPS loss 13 cents

Price action after earnings have been positive on higher production.

BLOG does NOT give buy or sell.

Saleem

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