Tuesday, August 20, 2019

Indices down .40% to .59%.....

Indices are lower on no news to boost while everyone is keeping an eye on Bond yield which is drifting lower today.

S&P 500 @ 2907.81, low 2904.24, high 2923.63

Internals are negative

Oil UP 21 cents

Gold UP $4.90

Canadian $ UP 10 tick @ .6687

VIX UP 1.6% @ 17.15

Portfolio AMD BZUN CIEN CRON FB SPWR TWTR

Most stocks are lower

@ 2.29 PM following are green :

BZUN SPWR TWTR BIDU LYFT UBER NEM AEM
GLD LULU FEYE NIU AAPL SPLK VICR CGC 
PANW QRVO WYNN LVS OSTK KBH....

BZUN reports before open Wednesday, here are the expectations :

Q 2 Sales $224.54 millions, EPS 18 cents

Guidance Q 3 Sales $214.20 million, EPS 20 cents

Expecting a beat and in-line guidance.....

BLOG does NOT give buy or sell.

Saleem

1 comment:

stocktrader_1996 said...

Hi Saleem,

Sold BZUN @ 50.32

After such a nice run and ahead of earnings I thought I'd book some profits. I need to study the whole Chinese internet complex a bit more to understand the landscape better. I'll probably sell MOMO here also especially with the recent put activity.

Stocktrader