Tuesday, November 8, 2016

Indices UP .52% to .65%....NICE !!!!

Indices are higher on higher oil & anticipation of desired outcome of US election.

S&P 500 @ 2142.04, high 2146.87, low 2123.56

Internals are positive 

Oil UP 33 cents

Gold Down $4.00

Canadian $ UP 37 ticks @ .6678

VIX Down 4.06% @ 17.95

In my portfolio Sold VRX @ $14.00

Portfolio AMD AAPL BIDU CNQ CMG TWLO

Most stocks are higher

@ 2.07 following are down :

BIDU CMG VRX NTES SPLK ZYNE LEN NFLX 
WB FSLR WYNN.....

VRX earning report was a miss in Q3 Sales & EPS, they are guiding lower for Q4 and for 2017, conference call highlighted many issues, which management has no handle on. Also, they do not see any need for Salix sale unless price is above their own projection of its value.....thus my exit.

BLOG does NOT give buy or sell.

Saleem

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