Indices are lower on Italian election issues, 2 government have fallen in two weeks and anti EU is gaining momentum, this is rattling world markets.
S&P 500 @ 2679.80, low 2677.93, high 2710.67
Internals are negative by 2 to 1 minimum with declining volume leading by 4 to 1 in NYSE..
Oil Down $1.26
Gold Down $2.40
Canadian $ Down 31 tick @ .6980
VIX UP 33.51% @ 17.65
Portfolio BIDU BILI HUYA MOMO WB
Most stocks are down...
@ 2.21 following are green :
BILI MOMO MU RUN SQ NTES FSLR NXPI
VICR OLED AMAT TSLA TWTR LNG CSIQ
FB AEM KBH CMG ....
MOMO earnings report was outstanding, huge beat in Sales, EPS
and much higher guidance, here is the summary:
Sales Q 1 actual $435.1 million vs expectations of $396.28 million
Q 1 EPS actual 63 cents vs expectations of 50 cents
Guidance $470.85 million vs expectations of $429.34 million
Stock is being rewarded in this sloppy market UP 14.74%
BLOG does NOT give buy or sell.
Saleem
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