Tuesday, May 29, 2018

Indices down .82% to 1.48%.......

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

No comments: