Wednesday 4 September 2019

Indices UP .79% to 1.04%....NICE !!!

Indices are UP on Chinese stimulus program and reprieve from trade fear for now. Indices are @ high of the day.

S&P 500 @ 2932.99, high 2933.61, low 2921.86

Internals are positive

Oil UP $2.25

Gold Down 50 cents

Canadian $ UP 90 tick @ .6758..Canadian Central Bank not lowering interest rates, sees good thing in Canadian economy thus no further stimulus needed.

VIX Down Down 9.72% @ 17.75

In my portfolio ...Bought LSCC @ $19.00

Portfolio AMD BZUN CIEN LSCC MRVL SPWR TWTR

Most stocks are UP

@ 12.06 PM following are red :

BIDU MOMO CGC CRON TLRYEXPE FFIV NFLX
YELP ULTA PANW....

CIEN reports before open on Thursday, here are the expectations :

Q 2 Sales $932.54 million, EPS 57 cents

Guidance Q 3 $956.19 million, EPS 62 cents

Expecting a beat and in-line guidance.

Market predicting 11% move +-

BLOG does NOT give buy or sell.

Saleem


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