Indices are sharply lower again and breaking key technical support of 200 DMA by Nasdaq & S&P 500, currently they have crept above 200 DMA as we are deeply oversold.
S&P 500 @ 2783.73, low 2766.06, high 2792.03
Internals were negative by 3 to 1
Oil Down 92 cents
Gold UP $4.00
Canadian $ Down 26 tick @ .6484
VIX UP 2.63% @ 17.96...high today was 19.04
Portfolio BZUN ESTC SQ TSLA
Most stocks are down
@ 1.16 PM following are UP :
BZUN TSLA HUYA MU MOMO FEYE ROKU
AMAT CRUS CIEN EXPE MRVL OLED
PANW QRVO YY NTNX CHK LNG
WYNN LVS MA SINA SU SWKS...
BZUN reported a beat in Sales EPS for Q 1
Guiding Q 2 Sales higher than consensus,
Conference call was postponed to tomorrow
8 AM due to technical problem @ provider.
BZUN UP 2.58% in a down TAPE.
BLOG does NOT give buy or sell.
Saleem
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