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Daily Archives: July 15th, 2009

Stocks Surge After Earnings From Intel (INTC)! SPX, Nasdaq, INTC, GOOG, BIDU, GS, AAPL, FCX, X, CNX, MEE, JPM, IBM

INTC’s superb earnings last night gave the market a nice boost right from the start, and, it never looked back!  The techs and financials were very strong.  INTC shares closed +7.25% higher.  GOOG, which reports earnings after the market tomorrow, jumped $13.48, or +3.17%.  BIDU added $16.76, or +5.6%.  GS, after a muted response directly after [...]

Shipping Surges on Little News

I was in shock at the turnaround.  My shipping index was up 4.4%. (At 98.6) EXM was up over 20%!  GNK, TBSI, EGLE, all up big. But the S&P was only up half a percent or so. So what is going on? My first thought – ok, so the S&P head and shoulders formation is [...]