Wednesday, May 16, 2018

Indices UP .32% to .72%....NICE !!!!

Indices are higher as traders and investors are ignoring higher 10 year bond yield @ 3.08% and North Korea withdrawal from meeting.

S&P 500 @ 2726.62, high 2727.33, low 2712.17

Internals are positive by minimum 2 to 1

Oil Down 14 cents

Gold UP $2.60

Canadian $ UP 89 tick @ .7217

VIX Down 6.90% @ 13.62

In my portfolio :

Sold MU $56.50

Added 125% EAF @ $19.59

Added 50% WB @ $103.40

Added 40% BZUN @ $45.05

Added 40% MOMO @ $37.34

Portfolio BZUN CIEN EAF MOMO RUN WB

Most stocks are UP

@ 2.13 PM following are red :

EAF RUN BZUN WB FSLR NXPI FB CTRP LEN
SINA ALDR FEYE OSTK PANW.....

Before open tomorrow BZUN reports, following are expected :

Q 1 Sales $139.67 million, EPS 8 cents

Guidance Q 2 Sales $147.39 million, EPS 14 cents

BZUN generally beats expectations, i expect the same this time also.

BLOG does NOT give buy or sell.

Saleem

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