Tuesday, May 1, 2018

Indices mixed.....

Indices are mixed with Nasdaq being in green, street seems to be waiting for AAPL earnings tonight, IF it is bad, downtrend will accelerate BUT IF its better, then we may rally in the morning......

S&P 500 @ 2642.05, low 2625.21, high 2644.48

Internals are mostly negative with Nasdaq A / D positive

Oil Down $1.48

Gold Down $12.00

Canadian $ Down 36 tick .7126

VIX UP 2.13% @ 16.27

Portfolio BZUN FSLR MOMO NVDA SNAP SQ

Most stocks are down

@ 2.08 following are green :

BZUN MOMO SQ INTC OLED AAPL CTRP MU
JD GOOG WB NTES AMZN BABA AMD DNKN
AMAT KGC LEN LRCX LVS MSFT QRVO TSM
SBUX VRX NTNX LNG WYNN CRUS SWKS
KBH.....

AH SNAP reports, here are the expectations :

Sales Q1 $243.55 million, EPS negative 17 cents

Guidance Q2 $292.53 million, EPS negative 15 cents

Expecting a beat and higher guidance.....

BLOG does NOT give buy or sell.

Saleem

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