Wednesday, March 8, 2017

Indices mixed...

Indices are mixed despite hotter jobs creation in ADP payroll, this almost guarantees hotter non-farm payroll on Friday, thus fed decision to hike interest rate. Oil is sharply lower also, but Nasdaq keep on going UP. US$ is sharply higher which is negative for equities.Indices are near low of the day.

S&P 500 @ 2367.40, low 2364.76, high 2373.09

Internals are negative 2 to 1 in NYSE but almost even in Nasdaq

Oil Down $2.34

Gold Down $7.79

Canadian $ Down 84 tick @ .6504

VIX Down .87% @ 11.35

Portfolio AMD BIDU CNQ CY OCLR TECK

Most stocks are down

@ 2.20 PM following are green :

AMD BIDU PI OLED GOOG SWKS C AMZN VRX
BAC FB LULU COH LEN MSFT YHOO SINA 
DNKN EXPE PCLN SNAP TRIP MLNX MS
SWIR MGA CRUS KORS KBH OPK M
PANW LRCX .....

BLOG does NOT give buy or sell.

Saleem

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