Indices closed UP.
S&P 500 @ 2939.51, high 2954.86, low 2912.16
RSI @ 59.74
CMF @ 0.087
Internals were :
UP Volume led by 5.31 to 1 in NYSE & 3.47 to 1 in Nasdaq
Advancing stocks led by 6.71 to 1 in NYSE & 4.31 to 1 in Nasdaq
Net new 52 wk highs were leading by 9 in NYSE & 36 in Nasdaq
VIX Down 6.97% @ 31.23
Oil @ $15.06
Gold @ $1713.40
Canadian $ @ .6061
In my portfolio :
Bought CLDR @ $8.30
Added 70% CNX @ $10.65
Portfolio AMD AAL CIEN CNX CLDR DDOG MU SU TWTR
Stocks UP 4%++included AAL CLDR MU SU TWTR
APA MGM TER MSFT GILD CCL DAL KBH PHM
BA VICR LSCC SQ ASML XLNX FB LRCX UAL
MTCH SPLK FSLR AMAT OLED QRVO SLB
SNAP NTNX WYNN MA MGA SWKS V X...
AH Futures Mixed
AH Asian Markets UP
AH Oil & Gold UP
Before open couple of my stocks are reporting, expectations are :
TWTR Q 1 Sales $775.96 million, EPS 10 cents
Guidance Q 2 Sales $698.01 million, EPS 5 cents
Expecting a match to expectations, potential move 11%+-
AAL Q 1 Sales 8.94 billion, EPS loss $2.38
Guidance Q 2 Sales $2.08 billion, EPS loss $7.99
Expecting worse than expected ..but it may be factored in?
About market, TAPE was in full overdrive thanks to Fed statement / Q & A which was extremely supportive of bull case. Earnings reaction are in and they all are flying as IF worse case scenario is behind us. MSFT FB TSLA KRA were UP sharply in AH. Expect a strong technology driven open.
BLOG does NOT give buy or sell.
Saleem
10 comments:
Hi Saleem,
Added NAIL@17.61 on the pullback. Most of the Home builders and suppliers posted good numbers and the next quarter guidance/expectations are already priced-in.
Thanks
Paramjeet
Hi Paramjeet,
Good luck with NAIL.
Saleem
Hi Saleem,
Sold UPS @ 93.72
It hasn't acted well post-earnings and a brewing situation with China may hurt trade.
Stocktrader
Hi Stocktrader,
Good luck with your next picks.
Saleem
Hi Saleem,
Trying ELF again @ 12.79
Stocktrader
Hi Stocktrader,
Good luck with ELF.
Saleem
Hi Saleem,
Bought AMD @ 52.79
Count me in for the party! :)
Stocktrader
Hi Stocktrader,
Good luck with AMD.....should be more than OK going forward!
Saleem
Hi Saleem,
Rebought UPS @ 94.74
It was a mistake to sell and so I rectified that. As we need to restock the world's stores, these guys should be major beneficiaries as this is highly profitable for them (versus the home consumer business which they can't quite seem to figure out how to leverage).
Stocktrader
Hi Stocktrader,
Good luck with UPS....
Saleem
Post a Comment