Indices mixed....

Fed statement is extremely market friendly, they are keeping rate unchanged through 2020.

S&P 500 @ 3138.01, high 3142.31, low 3133.21

Internals are positive

Oil Down 54 cents

Gold UP $6.10

Canadian $ UP 55 tick @ .6830

VIX Down 1.91% @ 15.38

Portfolio CIEN LSCC MRVL TWTR

Most stocks are UP

@ 2.18 PM following are red by 1% or more :

TLRY TWLO MOMO SPLK NTNX LNG...

CIEN reports before open Thursday, here are expectations :

Sales Q 3 $964.29 million, EPS 63 cents

Guidance Q 4 Sales $822.98 million, EPS 39 cents

CIENA has been beaten down on fear of missing their guidance,
IF they guide even close to expectations, we may get relief rally!
Market is expecting 8%+- move in stock.....

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed