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:
Hi Stocktrader,
Sold FB @ $169.49
Added 100% MOMO @ $36.38
Added 225% CTRP @ $52.49
Saleem
Hi Saleem,
I really like the FB/MOMO swap! Good luck on all the moves! :)
Stocktrader
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