Indices are all green after Fed kept rates unchanged, treasury went down and US $ went down, higher Inflation is being referenced in statement.
S&P 500 @ 2657.14, high 2658.30, low 2642.92
Internals are positive some as high as 2 to 1 in Nasdaq
Oil UP 22 cents
Gold Down 10 cents
Canadian $ UP 21 tick @ .7175
VIX Down 2.52% @ 15.10
Portfolio BZUN FSLR MOMO NVDA SQ
Most stocks are UP
@ 2.11 following are red :
SOXS INTC SNAP MU JD BIDU SHOP NTES SBUX
TSM YUM MCD ULTA KORS CMG IBM AAL...
SQ reports after close, here are the expectations :
Q 1 Sales $292.86 million, EPS 6 cents
Guidance Q 2 Sales $334.02 million, EPS 12 cents
SQ has a history of beating and guiding higher, expecting
no different this time......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Made a couple of posts on the prior thread, but basically swapped TZA for BAC based on an accommodative Fed.
Stocktrader
Hi Stocktrader,
Good luck with BAC....
Saleem
Hi Saleem,
Bought FDX @ 241.78
I think trade fears are overblown, they could benefit from a USPS/AMZN spat, and continue to benefit from consumer tailwinds.
Stocktrader
Hi Stocktrader,
Good luck with FDX...
Saleem
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