Thursday, November 29, 2018

Indices down .20% to .29%......

Indices are down slightly in anticipation of trade talks with China.

S&P 500 @ 2737.84, low 2722.94, high 2741.34

Internals are negative.

Oil UP $1.76

Gold UP 66 cents

Canadian $ UP 22 tick @ .6737

VIX UP 3.41% @ 19.12

Portfolio AMD AAL NVDA PHM SQ

Most stocks are down

@ 1.44 PM following are green :

AMD UAL NIU MOMO LULU SPLK NFLX OLED
PANW NTNX ROKU ALDR CHK TK RIG YELP
FB MGA AMZN SU MCD ULTA .....

BLOG does NOT give buy or sell.

Saleem

6 comments:

explorer said...

Hi Stocktrader& Saleem,

Playing after a big gap. Bought SPLK calls

Explorer

Stocks100 said...


Hi Explorer,

Good luck with SPLK calls....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold SPLK @ 101.32

I didn't want to have two reporting companies after the close, and I feel more comfortable with PANW's estimates and sentiment. Although I expect a nice beat for SPLK, I wonder how it can clear a very high bar for next quarter.

Stocktrader

stocktrader_1996 said...

Hi guys,

The best part of the SPLK numbers was the 2020 guidance raise by 7.5%.

The stock should be supported here despite the sluggish Q4 guide compared to the massive Q3 beat--I'm assuming some shifting of business into Q3 (same as SAIL) without hearing anything on the call yet.

Stocktrader

stocktrader_1996 said...

Hi guys,

PANW with a nice beat and raise, especially with valuation so low. Depending on management commentary, it could do really well tomorrow.

Stocktrader

explorer said...

Thank you Stocktrader for the note on SPLK & PANW. Please do leave another note if you happen to hear their cc

Explorer