Indices down .33% to .55%.....

Indices are lower & near low of the day on overbought conditions and lower oil.

S&P 500 @ 2163.57, low 2162.77, high 2174.56

Internals are negative by 1.50 to 1 in both NYSE & Nasdaq

Oil Down 84 cents

Gold UP $10.30

Canadian $ Down 20 tick @ .6924

VIX UP 9.09% @ 12.84

In my portfolio :

Bought OLED @ $68.50

Portfolio CMG JCP OLED SBUX VRX

Most stocks are down

@ 2.06 following are green :

JCP VRX EGO GG ABX KGC BIDU UA MSFT
EBAY FFIV CHK TK LNG MCD TCK SLW
AEM MGA FCX......

AH SBUX reporting, following are expectations :

Current Q Sales $5.33 billion, EPS 49 cents

Expectations next Q Sales $5.76 billion, EPS 55 cents

Expecting a small beat...

CMG also reports AH , here are the expectations:

Current Q Sales $1.05 billion, EPS 93 cents

Expectations next Q Sales $1.16 billion, EPS $2.05

Bad news seems to be priced in, any improvement shown, stock will fly....

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed