Tuesday, 19 November 2013

Indices down .12% to .55%......

Indices are making lower lows again.


S&P 500 @ 1785.48, low 1784.95


Internals are negative by 2 to 1


Oil UP 35 cents


Gold UP $2.40


Canadian $ Down 41 tick @ 95.45


VIX UP 3.82% @ 13.60


Portfolio FNSR SINA TSL


TSL earning report for Q3 was a major beat as follows :


Sales actual $548.40 Million expectation $472.92


EPS actual gain of 14 cents, expectation loss of 14 cents


Guidance increased for 2013 to 2.58 to 2.62 GW vs previous of 2.3 to 2.4 GW


Gross margin Q3 15.2% vs 11.6% in Q2


Every category was a sequential gain from Q2......but some analysts are playing game with this stock as they were caught with their prediction of loss.....


Conference call was pointing to further improvement in every category in Q 4 & going forward......when analysts are short before earnings, they can manipulate any stock until they have covered...i am staying in TSL.....TSL Down 6.18%


Most stocks are down


@ 2.08 following are green :


NFLX MS FB TSLA AAPL LUV CMG

EBAY YUM C SPLK MCD STLD

AEM WUBA GS.....


BLOG does NOT give buy or sell.


Saleem





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