Indices down .85% to 1.23%......

Indices are sharply lower again and breaking key technical support of 200 DMA  by Nasdaq & S&P 500, currently they have crept above 200 DMA as we are deeply oversold.

S&P 500 @ 2783.73, low 2766.06, high 2792.03

Internals were negative by 3 to 1

Oil Down 92 cents

Gold UP $4.00

Canadian $ Down 26 tick @ .6484

VIX UP 2.63% @ 17.96...high today was 19.04

Portfolio BZUN ESTC SQ TSLA

Most stocks are down

@ 1.16 PM following are UP :

BZUN TSLA  HUYA MU MOMO FEYE ROKU
AMAT CRUS CIEN EXPE MRVL OLED
PANW QRVO YY NTNX CHK LNG
WYNN LVS MA SINA SU SWKS...

BZUN reported a beat in Sales EPS for Q 1
Guiding Q 2 Sales higher than consensus,
Conference call was postponed to tomorrow
8 AM due to technical problem @ provider.

BZUN UP 2.58% in a down TAPE.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed