Thursday, 3 November 2016

Indices down .01% to .64%.....

Indices are following a familiar pattern of a very weak TAPE, start green and lose it all, then go towards low of the day. Oil is down again and election playing a decisive role in market direction.

S&P 500 @ 2092.05, low 2091.01, high 2102.56

Internals are negative 

Oil Down 90 cents

Gold Down $6.00

Canadian $ UP 3 tick @ .6615

VIX UP 8.95% @ 21.05

Portfolio AMD AAPL BIDU CNQ CMG TWLO VRX

Most stocks are down

@ 2.31 following are green :

BIDU CMG TCK AKS NTES QRVO CTRP ABX KGC
OLED EXPE FFIV FNSR CHK RIG LNG WB FCX
ZG GS TRIP ORCL SLW AEM CRUS X M.....

After close TWLO reports, here are the expectations :

Sales $66.77 million, EPS loss of 8 cents

Guidance next Q Sales $69.69 million, EPS loss of 6 cents

This is a new IPO, it has crashed from high of $70.96, last trade $32.87

Hard to tell, what is going on in this stock......AH should reveal....

BLOG does NOT give buy or sell.

Saleem

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