Wednesday, May 23, 2018

Indices mixed......

Indices are recovering from lows and are mixed currently on Fed minutes, which is willing to let inflation go above 2% on a temporary basis.

S&P 500 @ 2723.41, low 2709.54, high 2725.47

Internals are mixed

Oil Down 47 cents

Gold Down 60 cents

Canadian $ Down 51 tick @ .7132

VIX UP 1.36% @ 13.40

In my portfolio...Added 50% BILI @ 12.98

Portfolio BIDU BILI HUYA MOMO NTES WB

Most of the stocks are down

@ 2.20 PM following are green :

BIDU WB BZUN NVDA SHOP SPLK CTRP JD
LEN LULU NFLX SBUX ALDR CHK LNG
TWTR MU OSTK AMZN MCD AEM ULTA
KORS KBH CMG M PANW.....

After close BILI reports, it is its first report after
IPO, there is no published estimates, it is a fair 
expectation that :
EPS will be a loss scenario for a while, hopefully
Sales and loss will be better than indicated to
underwriters @ the time of IPO.

BLOG does NOT give buy or sell.

Saleem 

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