Tuesday, December 3, 2019

Indices down .79% to 1.16%.....

Indices were sharply lower today on real status of where trade agreement with CHINA stands, It is now after US election, I am sure it will be updated to " near agreement " on or around December 15 levy of new duties?

S&P 500 @ 3086.66, low 3070.33, high 3090.09

Internals are negative by 1.9 to 1

Oil UP 38 cents

Gold UP $14.30

Canadian $ UP 16 tick .6708

VIX UP 7.65% @ 16.05...high today...17.99

In my portfolio ..Bought MRVL @ $24.79

Portfolio CIEN LSCC MRVL TWTR

Most stocks are down.

@ 1.57 PM following are green :

LSCC SQ TLRY SPWR TWLO TSLA NEM AEM
GLD SHOP ROKU VICR CGC CRON CSIQ
CTRP GOOG PANW SNAP NTNX MA
SINA ULTA KBH V....

MRVL reports after close today, here is the expectations :

Current Q Sales $664.51 millions, EPS 17 cents

Next Q Sales guidance $699.50 millions, EPS 21 cents

Expecting a beat in EPS......

BLOG does NOT give buy or sell.

Saleem

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