Indices down .12% to .99%.....

Indices are near off their lows in reaction to Cohn's resignation from Presidents Chief economic czar and author of US tax reform passed by congress, he was ex President of Goldman Sachs.

S&P 500 @ 2716.01, low 2701.74, high 2724.06

Internals are mixed with Nasdaq being positive.

Oil Down $1.32

Gold Down $9.20

Canadian $ Down 89 tick @ .7036...new 8 months low, as Canadian Central Bank not increasing interest rates today.

VIX UP 1.47% @ 18.63

Portfolio CTRP FSLR MOMO NVDA SNAP

Bought NVDA in pre market @ $239.01

Most stocks are down

@ 2.18 following are green :

FSLR MOMO SNAP SQ FB JD OLED WB SHOP NTES
AMD EBAY EXPE LRCX ROKU TWTR TSM FNSR
TK FEYE YELP CIEN MLNX SPLK TNA IBM X
PANW.....

MOMO earnings report was a beat in Sales, EPS and raised guidance.

Q4 Sales actual $386.4 million vs expectations of $383.1 million

Q4 EPS actual 53 cents vs expectations of 46 cents......

Q1 Sales guidance $387 million to $402 million vs expectations of
$370.5 million...well above consensus...

Monthly Active and paying users showed renewed growth.....

Stock currently UP 9.18%

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed