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:
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
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