Indices are mixed after opening lower. Geo political tension between India & Pakistan is escalating, it may get worse before it gets better.
S&P 500 @ 2792.89, low 2775.13, high 2794.77
Internals are mixed but mostly positive.
Oil UP $1.54
Gold Down $7.80
Canadian $ UP 18 tick @ .6852
VIX Down .46% @ 15.10
Portfolio SQ TSLA TWTR
Most stocks are UP
@ 2.30 PM following are red :
TWTR LULU BZUN FB AMD MU WB VICR
GG AMAT JKA LRCX MRVL NTNX ALDR
WYNN LVS SINA ULTA X.....
AH SQ reports, here are expectations :
December Q Sales $453.41 million, EPS 13 cents
Guidance March Q Sales $473.80 million, EPS 11 cents
Expecting SQ to beat current Q.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Did a quick switch before close:
Sold VICR @ 33.96
After an ugly quarter, I think this stock needs time to repair and business to show a true uptick before investors will come back given its high valuation.
Bought FSLR @ 52.44
There aren't many good pure plays on alternative energy, and this has a decent chart and a huge backlog of orders, providing nice visibility for years to come.
Stocktrader
Hi Stocktrader,
Good luck with FSLR....
Saleem
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