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
Hi Stocktrader& Saleem,
ReplyDeletePlaying after a big gap. Bought SPLK calls
Explorer
ReplyDeleteHi Explorer,
Good luck with SPLK calls....
Saleem
Hi Saleem,
ReplyDeleteSold 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
Hi guys,
ReplyDeleteThe 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
Hi guys,
ReplyDeletePANW with a nice beat and raise, especially with valuation so low. Depending on management commentary, it could do really well tomorrow.
Stocktrader
Thank you Stocktrader for the note on SPLK & PANW. Please do leave another note if you happen to hear their cc
ReplyDeleteExplorer