Great now one of the Fast Money guys will be praising it like he was when he sai load the boat at $28
funny how intc warned just weeks ago and then report and the stock takes off, tomorrow we are going to get some broad based rally, but it seems no matter what the markets are totally stuck in a trading range and will be for a long, long time....
Najarian is gonna mention option activity that forshadowed this earnings blowout after the fact, of course. Thats what he always does like the putz he is.
reaction to intc's shitty report shows the thirst to own stocks has never gone away despite stocks going nowere for a year.
it is tempting to want to pick up 1000 or so shares in the Ah to skim some gains but I know how the funds work. All the AH gains are seen in the first 2-5 minutes and its all zig zag trading from there till 8:00.
agree....INTC is down more than 10% on the year, before this earnings call it was down over 20%, INTC has been underperforming the markets but todays little boost should bring all the tech buyers back into the market, not that it will do much since the damn market can even make it out of a 1000 point trading range for the past few months.
you were suppose to take the risk before earnings, not after they reported.....you might be lucky to grab another 1-3% at most but why risk it now...