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Category Archives: INTC

Rising Jobless Claims Spook The Market, Again! SPX, Nasdaq, INTC, MFE, SYMC, SHLD, SNDK, CRM, MRVL, INTU, DELL, HPQ

Lots of news on the market today!  INTC came out with a 60% premium bid for MFE, at $7.68 billion.  MFE shares jumped +57.07% while INTC fell 3.52%.  SYMC, another security software company, saw its shares rise +6.2%.  However, investors focused on the rising jobless claims number and drove the broader market down.  SHLD reported weak sales [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, PBW, SOXX, SMH, INTC, QCOM, BRCM, AMGN, CNX, CME, FSLR, MOT, NOV, POT, AKAM, AEM, V, CLF, GLW, WLP, BP, SOHU

Last weekend, in my Market Forecast, I wrote: "For the new week, a whole lot more earnings reports are coming in…  The market is barely being supported by its daily MAs.  A quick dip could send it to test SPX 1040 again.  It’ll be up to the earnings again.  Monday and Tuesday could induce big [...]

Market Ready For A PullBack? INTC, GOOG, ISRG, AMD, BAC

Since bouncing off from January’s pullback, this rally has run for more than 2 months straight, from early February until now.  Even as commodity sectors saw profit-taking, the broader market managed to close in the green today.  Techs stayed strong with INTC adding another +2.98%.  Financials also saw gainers here and there.  Perhaps investors were [...]

Financials Jump On JPM Earnings! SPX, Nasdaq, JPM, GS, BAC, WFC, INTC, FFIV, MRVL, SNDK, IBM

Stocks jumped higher today led by the financials.  This morning, JPM reported strong earnings, easily beat the analysts’ estimates, making 74 cents per share vs. a consensus of 64 cents per share.  Financials rallied immediately at open:  JPM +4.05%, GS +3.16%, BAC +3.91%, WFC +3.51%.  FAS (3x Financial Bull ETF) soard +7.57%, adding $8.3.  FAS [...]

Market Pushes Higher: SPX, Nasdaq, SPG, MAC, CBL, INTC, IBM, FFIV, BRCM, RIMM, GOOG, ESI, BPI, CECO, DV

The market overcame some "morning sickness" and ended the day higher.  Techs were strong ahead of INTC’s earnings.  GOOG jumped more than $14, or +2.45%.  RIMM added more than +$2, trading back above $72.  IBM, FFIV, and BRCM were also strong.  REITs broke higher yet again!  In our Trading Room, I alerted our members early: [...]

Profitting On Both Sides, Again! BIDU, TSL, FSLR, INTC, POT, CF, AGU, TRA

Even though the market indices ended higher today, the individual sectors produced mixed results.  We saw pockets of strength here and there, but, also some weak areas.  Miners were mostly weak, perhaps still lingering on AA’s earnings report.  Solar stocks were up in the morning, but, did a big reversal in the afternoon when news [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, SOXX, XLE

Last weekend, in my Market Forecast, I wrote: "Both SPX and Nasdaq were rising back above their daily MAs, until Friday when the Dubai news spooked the market.  VIX jumped to test 26 on Friday and closed just below 25.  However, SPX’s daily MAs have just developed into a new bullish formation!  There are still [...]

Chip Makers Lead The Market Lower: SPX, Nasdaq, INTC, TXN, DELL, TSL, STP, GOOG

The market started out weak on an inline unemployment report.  The chip makers led the market lower as Bank of America downgraded both INTC and TXN.  INTC lost 4.08% while TXN dropped 3.38%.  If you read the above linked article, you can really get a sense that it is a "ratings game".  The timing was [...]

Intel (INTC) Earnings Boosts Market In After-Hours: SPX, Nasdaq, KBH, TOL, SHW, MCD, INTC, CSX, JPM

In my Market Forecast this weekend, I mentioned that the market “may need to rest and trade sideways to start the week.”  Indeed, the market treaded water on Monday and Tuesday.  In our Trading Room yesterday, I said: October 12, 2009 11:20 AM VIX rising, but, should find some resistace around 23.5 [then] we’ll see what [...]