Tuesday, May 2, 2017

Indices UP .01% to .12%...NICE !!!!

Indices are higher as Fed starts its 2 day meeting.

S&P 500 @ 2389.43, high 2392.93, low 2385.82

Internals are negative

Oil Down 58 cents

Gold UP 90 cents

Canadian $ Down 41 tick @ .6379

VIX UP 2.67% @ 10.38

Portfolio AMD CNQ CY OCLR

Most stocks are lower

@ 1.59 following are green :

TWTR BABA SWKS FB AAPL CTRP WB
VRX FCX V MA JKS COH SINA SU YUM
EXPE LNG YELP FSLR SPWR TRIP 
DATA CSOD ORCL PCLN GOOG
SLW KORS GG CMG AAL M
PANW CNX.....

OCLR reports AH, here are the expectations :

Sales $160.19 million, EPS 20 cents

Guidance Sales $164.58 million, EPS 20 cents

Much has been written by many analyst about China
slowdown in this sector.

OCLR may refute some of that thesis!

BLOG does NOT give buy or sell.

Saleem

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