Fed statement is extremely market friendly, they are keeping rate unchanged through 2020.
S&P 500 @ 3138.01, high 3142.31, low 3133.21
Internals are positive
Oil Down 54 cents
Gold UP $6.10
Canadian $ UP 55 tick @ .6830
VIX Down 1.91% @ 15.38
Portfolio CIEN LSCC MRVL TWTR
Most stocks are UP
@ 2.18 PM following are red by 1% or more :
TLRY TWLO MOMO SPLK NTNX LNG...
CIEN reports before open Thursday, here are expectations :
Sales Q 3 $964.29 million, EPS 63 cents
Guidance Q 4 Sales $822.98 million, EPS 39 cents
CIENA has been beaten down on fear of missing their guidance,
IF they guide even close to expectations, we may get relief rally!
Market is expecting 8%+- move in stock.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold HAE @ 117.35
The stock didn't move on the analyst action as I thought it might, so I'll move to a better idea, especially as this chart is fairly weak.
Bought AVLR @ 72.03
A bounce off the 200 DMA could see better tone for this stock that has pulled back recently.
Stocktrader
Hi Stocktrader,
Good luck with AVLR....
Saleem
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