Tuesday, July 17, 2007

Yahoo & Intel Report

And the market did not like their data. Intel slides in after hours trading. And Yahoo also is to the downside.

This is troublesome to me as the expectations were already low on the part of the analysts. And both companies were expected to be able to beat those numbers. Intel was essentially "in line" and Yahoo was "in line" but lowers 07 guidance slightly.

There are many companies that the market looks to as a barometer for the market, Intel & Yahoo are two of those companies. We have to see how the trading ends in after hours to determine the psychological mood of the money holders.

0 Comments:

© Blogger Templates | Webtalks