Indices closed UP.
S&P 500 @ 2391.17, high 2392.93, low 2385.82
RSI @ 63.07
CMF @ -0.037
Internals were :
Down volume led by 1.03 to 1 in NYSE & 1.30 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 147 in NYSE & 153 in Nasdaq
VIX UP 4.75% @ 10.54
Oil @ $47.66
Gold @ $1257.00
In my portfolio :
Sold AMD @ $10.44
Bought FB @ $152.40 in AH
Portfolio CY CNQ FB OCLR
OCLR reported a beat on Sales and EPS by 3 cents.
Guiding June Q Sales 10% lower due to Chinese cutback,
Guiding Gross margin between 38% to 41%.....
Predicting September Q to be back in growth mode
AH ER:
FEYE UP 14.74%
FSLR UP 8.34%
AAPL Down 1.84%
OCLR Down 9.65%
AKAM Down 13.60%
TWLO Down 30.32%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE came back and closed near high of the day, Nasdaq keeps making new all time highs. Internals were weak. CMF is negative. AMD got slammed on high expectations, personally suffered with AMD negative TAPE, cannot avoid these situations, as they are part of risk we take. OCLR beating in AH did not help my portfolio either, a very negative day for me. Hoping FB ER after close Wednesday may change my 2 bad streak in 1 day.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
I was kicked out of my house yesterday due to floors being refinished, but should be fully back today.
Good luck with FB! I think risk/reward is shifting after the huge run it's had, but I am likely to hold through earnings still.
Stocktrader
Hi Stocktrader,
Thanks for your cautionary take on risk / reward on FB.
Added 30% OCLR @ $7.72
Saleem
Hi Saleem,
Good luck with more OCLR!
And I think FB is still ok, just not as good as 30 points ago :)
Stocktrader
Post a Comment