Wednesday 24 July 2019

Indices mixed....

Indices are mixed when big US technology companies are under more scrutiny by Department Of Justice, not a bad TAPE action considering FB green & reporting tonight after paying hefty $5 billion fine.

S&P 500 @ 3012.05, high 3012.45, low 2996.82

Internals are positive

Oil Down $1.17

Gold UP 50 cents

Canadian $ Down 13 tick @ .6855

VIX Down 2.93% @ 12.24

In my portfolio :

Bought SQ @ $78.90

Bought AMD @ $34.15

Portfolio AMD CIEN FB IQ NEM SQ TSLA TWTR

Most stocks are UP

@ 2.30 PM following are red :

MOMO SHOP AMZN NIU AAPL PRNB
CTRP JKS GOOG NTNX SPWR MCD
SU IBM CNX....

FB reporting AH, expectations are :

Sales Q 2 $16.5 Billion, EPS $1.88

Guidance Sales Q 3 $17.04 Billion, EPS $1.84

Expecting a beat....

TSLA reporting AH, expectations are :

Sales Q 2 $6.41 Billion, EPS loss of 40 cents

Guidance Q 3 Sales $6.5 Billion, EPS 23 cents

Will not be surprised IF TSLA beats on Sales & EPS..

BLOG does NOT give buy or sell.

Saleem

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