Matt Ruane
Matt Ruane
ibm intel last seeing steps tech texas
It's all Texas Instruments today. After IBM and Intel last week, we're seeing tech take two steps forward, one step back.
fits resolution sideways sort trading until
We've been trading sideways for months, and until we get some sort of resolution with Iraq, we're going to keep trading in fits and starts.
bear bounce false horizon nasty past people push quite seeing sitting stocks
We're seeing a little bounce from oversold conditions, with stocks not being down quite as much as they were this morning, but it's still nasty out there. We're in a bear market, where we have these false rallies on a little short-covering, but there's nothing on the horizon to push it past that. It's also the end of the quarter, so you've got a lot of people sitting on the sidelines.