Indices down .61% to 1.76%.....

Indices were sharply higher after open and then reversed lower, now we are attempting some kind of comeback, let us watch how we close. Culprit of all this yoyo action is oil price, first it was UP and then turned lower.

S&P 500 @ 2043.67, low 2036.53, high 2080.33

Internals are negative by negative by less than 2 to 1 in NYSE & more than 2 to 1 in Nasdaq

Oil Down 26 cents

Gold Down $1.60

Canadian $ UP 4 tick @ 64.21

VIX UP 11.02% @ 19.54

In my portfolio :

Sold LULU @ $49

Bought BITA @ $25.17

Portfolio BBRY BITA CNQ CY FB FIT VDSI

Most stocks are down

@ 2.47 following are green :

BITA CNQ FEYE LVS CMG SU X STLD ABX
SLW GG CCJ WYNN AGU.....

LULU earning report was a miss by 2 cents on EPS and guide down on Q4. Gross margin was below expectations.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed