Indices mixed......

Indices are mixed by following oil. Nasdaq made a new all time intraday high. Economic data in US was weaker than expected.

S&P 500 @ 2181.06, high 2187.66, low 2180.69

Internals are positive

Oil Down 27 cents

Gold UP $5.50

Canadian $ UP 18 tick @ .6866

VIX UP 1.48% @ 11.67

In my portfolio ...added 30% GG @ $17.89

Portfolio GOOG CNQ CMG GG NTES JCP UA VRX

Most stocks are UP

@ 2.28 following are red :

CMG NTES JCP UA OLED BIDU COH SPWR LULU
NFLX CHK TK SWN RIG LNG CSIQ FSLR M
TCK FCX ZG TRIP.....

VRX earnings report was as follows :

Sales actual $2.42 billion vs expected $2.46

EPS actual $1.40 vs expected $1.48

VRX is confirming Sales for the year @ $9.9 to $10.1 billion vs 
expectations of $9.98 billion

For 2016 EPS guidance is $6.60 to $7 vs expectations of $6.52

IF we take $7 EPS...then currently VRX is trading @ PE of 3.97,
even after 23.79% move......

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed