Tuesday, March 6, 2018

Indices mixed.....

Indices are mixed with Dow being the only loser. Started the day celebrating North Korea's peace overture then White House trade turmoil rattled markets again.

S&P 500 @ 2724.72, high 2732.08, low 2711.26

Internals are positive close to 2 to 1

Oil down 6 cents

Gold UP $16.60

Canadian $ UP 70 tick @ .7107.....

VIX Down 1.44% @ 18.46

In my portfolio;

Sold SQ @ $49.00

Bought MOMO @ $33.88, then added 200% @ $33.60

Added 75% SNAP @ $18.10

Portfolio BZUN CTRP FSLR MOMO SNAP

Most stocks are UP

@ 2.30 following are red :

SNAP SQ AAPL FB AMD DNKN EBAY JKS MA
MSFT PCLN ROKU SBUX TSLA TWTR VRX
V ALDR RIG AAPL MCD CMG IBM X CNX

Before open Wednesday, MOMO is reporting, following are
expectations :

Q4 Sales $381.54 million, EPS 46 cents

Guidance Q1 Sales $350.85 million, EPS 44 cents

Expecting a higher guidance, due to acquisition.

BZUN reported a 11 cents beat on EPS, a robust growth in service revenue,
guiding higher than expectations.....stock being rewarded with 23.45% gain...

BLOG does NOT give buy or sell.

Saleem

1 comment:

stocktrader_1996 said...

Hi Saleem,

Huge win with BZUN, good luck with MOMO tonight!

Also, nice gains on SQ, good luck with the new SNAP!

Stocktrader