Monday, 21 August 2017

Indices down .03% to .26%.....

Indices are down on lower oil.

S&P 500 @ 2424.42, low 2417.35, high 2430.58

Internals are negative

Oil Down $1.40

Gold UP $6.80

Canadian $ UP 17 tick @ .7433

VIX Down 4.56% @ 13.61

Portfolio CTRP FB MOMO NVDA OCLR SPWR

Most stocks are down

@ 2.28 PM following are green :

CTRP MOMO WB BIDU BABA LULU NTES TWTR
GG TECK FCX LVS V SBUX ABX COH LEN SINA
EXPE YUM AGU TRIP DATA CSOD MGA ORCL
SHOP MCD AEM SPLK KBH V PANW....

MOMO reports before open on Tuesday, here are the expectations :

Sales $286.33 million, EPS 31 cents

Guidance next Q Sales $307.13 million, EPS 34 cents

MOMO has a history of beating expectations by a wide margin, expecting a similar beat !

BLOG does NOT give buy or sell.

Saleem

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