Wednesday, 1 May 2019

Indices UP .24% to .58%....NICE !!!!

Indices are @ high of the day after release of Fed policy statement, it states they will be patient and happy with job growth with no inflation, thus rates staying unchanged. China US are ready for a deal by next Friday as per report.

S&P 500 @ 2953.22, high 2954.13. low 2941.67

Internals are mostly  positive

Oil Down 35 cents

Gold UP $2.00

Canadian $ Down 6 tick @ 66.08

VIX Down 1.14% @ 12.97

In my portfolio :

Sold BZUN @ $48.15

Added 70% SQ @ $73.85

Portfolio ESTC TSLA SQ

Most stocks are UP

@ 2.29 PM following are red :

TSLA TWTR HUYA SPLK PRNB EAF FFIV
GOOG OLED YY FNSR MA GS MS OSTK
MCD MSFT ULTA NKE CNX......

After close SQ is reporting, here are the expectations :

Q1 Sales $478.27 million, EPS 8 cents

Guidance Q2 Sales $555.51 million, EPS 19 cents

Expecting a beat!

BLOG does NOT give buy or sell.

Saleem

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