Tuesday 1 August 2017

Indices UP .23% to .38%....NICE !!!!

Indices are higher even when oil is lower, economic data was better than expected in US.Indices are near high of the day and making new all time highs.

S&P 500 @ 2476.50, high 2478.51, low 2471.14

Internals are positive.

Oil Down $1.30

Gold UP $5.40

Canadian $ Down 48 tick @ .7475

VIX Down 2.34% @ 10.02

Most stocks are UP

Portfolio MOMO OCLR SWIR SPWR VRX WB

@ 2.23 following are red :

BIDU TSLA NTES LULU OLED CNQ TECK FCX UA 
LVS JKS QRVO DNKN EXPE SU PCLN CHK RIG
FEYE BABA WYNN AGU TRIP MGA SNAP
MCD AEM SWKS OPK X LRCX CNX.....

SPWR reports AH, here are expectations :

Sales $312.59 millions, EPS loss 44 cents

Guidance next Q Sales $677.88 millions, EPS loss 21 cents

Solar stocks are recovering from deep sales & profitability slump, may guide better than expected!

BLOG does NOT give buy or sell.

Saleem

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