Wednesday, January 30, 2019

Indices UP 1.32% to 1.78%.....NICE !!!!

Indices are higher as Fed statement confirms their " dovish approach " as they are staying patient and feel interest rates are appropriate for the condition.

S&P 500 @ 2673.46, high 2676.51, low 2648.34

Internals are positive by 3 to 1 average...

Oil UP $1.35

Gold UP $3.40

Canadian $ UP 1.13 cent @ .6848

VIX Down 5.70% @ 18.04

In my portfolio:

Sold IQ @ $19.19

Added 60% TWTR @ $31.85

Portfolio BZUN ESTC FB SQ TWTR

Most stocks are UP

@ 2.16 PM following are red :

PHM TLRY PRNB CIEN SINA MCD 

FB reports AH, here are the expectations :

Q 4 Sales $16.4 Billions, EPS $2.19

Guidance Q 1 Sales $14.78 Billions, EPS $1.59

I expect FB to meet these numbers, hopefully that will be positive for stock!

BLOG does NOT give buy or sell.

Saleem

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