Thursday, May 18, 2017

Indices UP .53% to .85%....NICE !!!!

Indices are @ its high of the day after digesting news of special counsel. Buyers came back after yesterdays slump. Oil being higher is also helping buying sentiment.

S&P 500 @ 2370.90, high 2373.00, low 2352.72

Internals are positive by 2 to 1 in Nasdaq UP volume.

Oil UP 45 cents

Gold Down $11.50

Canadian $ Down 20 tick @ .6379

VIX Down 4.55% @ 14.88

In my portfolio Bought OLED @ $110.84

Portfolio BABA CNQ CY FB OCLR OLED

BABA reported a beat on Sales and a miss of 2 cents on earnings.

Sales actual $5.61 billion vs expectations of $5.23 billion

EPS actual 63 cents vs expectations of 65 cents

Sales % gains were the highest since IPO

Most stocks are UP

@ 2.25 following are red :

 SWIR IAG BIDU KGC FNSR GG FCX UA KORS
ABX SBUX MA FFIV TK FSLR CIEN WYNN
AGU MA AEM OPK M PANW....

BLOG does NOT give buy or sell.

Saleem

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