Indices are sharply higher on optimism about trade talk resumption in October between US & China.
S&P 500 @ 2975.14, high 2985.86, low 2960.60
Internals are positive by almost 3 to 1
Oil UP 41 cents
Gold Down $32.40
Canadian $ Down 17 tick @ .6761
VIX Down 7.79% @ 15.98
In my portfolio..added 60% CIEN @ $38.02
CIEN reported a huge beat in EPS by 17 cents and also a beat in Sales of Q 3, Guiding ABOVE mid range for Q 4....also guiding Sales growth by 6%.....slight downtick in margin in Q 4 of 1% +- vs Q 3...caused selling......CIEN has recovered its losses to less than half from low of the day.....
Portfolio ..AMD BZUN CIEN LSCC MRVL SPWR TWTR
Most stocks are UP.
@ 2.16 PM following are red :
CIEN SPWR NEM AEM GLD MTCH ROKU PHM
CSIQ NFLX KBH CMG.....
BLOG does NOT give buy or sell.
Saleem
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