Indices are lower on slower economic activity in US as per Fed statement, they left rates unchanged. Indices are near high of the day
S&P 500 @ 2384.83, low 2379.75, high 2387.67
Internals are negative by almost 2 to 1
Oil UP 8 cents
Gold Down $9.70
Canadian $ UP 2 tick @ .6295
VIX UP 1.42% @ 10.74
In my portfolio Added 30% OCLR @ $7.72
Portfolio CNQ CY FB OCLR
Most stocks are down
@ 2.28 following are green :
CNQ TWTR NTES GOOG OLED SWKS NVDA MU
AMD BAC KGC JKS CSIQ FSLR YUM CHK TK
RIG FEYE WYNN GS DATA CSOD MGA MS
MCD CRUS PANW.....
FB reports after close, here are expectations :
Sales $7.83 billion, EPS $1.12
Guidance next Q $9.02 billion, EPS $1.30
Expecting a major beat and higher guidance !
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold FB @ 151.64 right before close.
I looked at the chart again and sentiment surrounding FB and I feel that even a good quarter will be left with a lack of fresh buyers. I'm stepping to the sidelines ahead of the quarter...
Stocktrader
Hi Stocktrader,
Based on AH price action of FB, you did the right thing.
Saleem
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