Thursday 20 October 2016

Indices down .13% to .21%.......

Indices are down on lower oil and ECB decision for no change in policy.

S&P 500 @ 2141.40, low 2133.44, high 2147.18

Internals are negative

Oil Down $1.21

Gold Down $2.30

Canadian $ Down 96 tick @ .6791

VIX Down .49% @ 14.34

Portfolio AMD AMZN AAPL CNQ CMG TCK TWLO VRX

Most stocks are down

@ 2.11 following are UP :

AMD CMG VRX GWPH NTES QRVO SPLK ZYNE
OLED SBUX JKS NFLX SWN RIG BABA CSIQ
SPWR AKS X M PANW CRUS DATA WYNN...

After close AMD reports, here are the expectations :

Sales $1.21 billion, EPS 0 cents

Next Q guidance, Sales $1.06 billion, EPS loss of 3 cents

AMD is a turnaround story, it may surprise with higher guidance.

BLOG does NOT give buy or sell.

Saleem

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