Wednesday, October 23, 2019

Indices UP .10% to .12%...NICE !!!!

Indices are green after opening lower on less than acceptable earnings, market is looking beyond temporary issues and looking to better earnings posy US China trade deal.

S&P 500 @ 2999.36, high 3003.27, low 2991.21

Internals are positive by almost 2 to 1

Oil UP $1.19

Gold UP $6.80

Canadian $ UP 17 tick @ .6926

VIX Down 1.52% @ 14.24

Portfolio AMD BZUN CIEN LSCC SPWR TWTR

Most stocks are UP

@ 1.58 PM following are red by 1% or more :

LSCC TWTR MRVL WB FSLR AMAT YELP
SINA TSM NKE CMG XLNX M.....

TWTR reports before open on Thursday, following are expectations :

Q 3 Sales  $873.91 million, EPS 20 cents

Q 4 guidance Sales $1.06 billion, EPS 33 cents

Expecting TWTR to beat both EPS & Sales, expected
move of 10%+-.....

BLOG does NOT give buy or sell.

Saleem

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