Tuesday, August 22, 2017

Indices UP .77% to 1.18%.....NICE !!!!

Indices are rebounding nicely after testing support yesterday. Indices are @ high of the day.

S&P 500 @ 2448.42, high 2449.51, low 2433.67

Internals are positive by 2 to 1

Oil UP 17 cents

Gold Down $5.89

Canadian $ Down 2 tick @ .7441

VIX Down 10.61% @ 11.79

Portfolio CTRP FB MOMO NVDA OCLR SPWR

Most stocks are UP

@ 1.58 PM following are red :

MOMO GG ABX KGC LEN JKS AGU AEM ULTA 
KORS KBH OPK CMG AAL.....

MOMO reported a beat in Sales and EPS
Also guiding higher than consensus, Here are 
actual vs expected :

Sales actual $312.2 million, expected $286.33, beat by $26 million

EPS actual 35 cents, expected 31 cents, a beat by 4 cents

Guiding Sales $339.5 million, expected $307.13, guiding higher by
$32 million.....

All this performance resulting in Down 18.87% on heavy volume
of 36.3 million so far, average daily volume 6 million shares????

BLOG does NOT give buy or sell.

Saleem


2 comments:

Stocks100 said...


Hi Stocktrader,

Sold FB @ $169.49

Added 100% MOMO @ $36.38

Added 225% CTRP @ $52.49

Saleem

stocktrader_1996 said...

Hi Saleem,

I really like the FB/MOMO swap! Good luck on all the moves! :)

Stocktrader