Indices are higher even when oil is lower, economic data was better than expected in US.Indices are near high of the day and making new all time highs.
S&P 500 @ 2476.50, high 2478.51, low 2471.14
Internals are positive.
Oil Down $1.30
Gold UP $5.40
Canadian $ Down 48 tick @ .7475
VIX Down 2.34% @ 10.02
Most stocks are UP
Portfolio MOMO OCLR SWIR SPWR VRX WB
@ 2.23 following are red :
BIDU TSLA NTES LULU OLED CNQ TECK FCX UA
LVS JKS QRVO DNKN EXPE SU PCLN CHK RIG
FEYE BABA WYNN AGU TRIP MGA SNAP
MCD AEM SWKS OPK X LRCX CNX.....
SPWR reports AH, here are expectations :
Sales $312.59 millions, EPS loss 44 cents
Guidance next Q Sales $677.88 millions, EPS loss 21 cents
Solar stocks are recovering from deep sales & profitability slump, may guide better than expected!
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
ZYNE ia still playing the waiting game ahead of data releases. Earnings today reiterated the timeline and cash balances, which alleviated some of the pressure, but not until after the last of the sellers needed to get out this morning. It should be very interesting very soon...
Stocktrader
Hi Stocktrader,
Thanks for explaining today's volatility in ZYNE.
Saleem
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