Indices are down on fear of protracted trade war with China, which will have an effect on World economy. Indices have erased half of their losses. Nasdaq is below 50 DMA.
S&P 500 @ 2683.62, low 2661.78, high 2695.68
Internals are negative by 2 to 1, NYSE down volume leading by 4 to 1
Oil Down 77 cents
Gold UP $5.20
Canadian $ UP 2 tick @ .7101
VIX UP 12.37% @ 20.07, high today 22.70
In my portfolio Bought FSLR @ $72.20
Portfolio BZUN CTRP FSLR MU NVDA SNAP
Most stocks are down
@ 2.13 PM following are green :
SNAP AAPL LEN SBUX YUM MCD CMG.
After close MU is reporting, here are expectations :
Q2 Sales $7.28 Billion, EPS $2.74
Guidance Q3 Sales $7.27 Billion, EPS $2.63
Expecting MU to beat EPS by a wide margin and may guide higher.
BLOG does NOT give buy or sell.
Saleem
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