It's all Texas Instruments today. After IBM and Intel last week, we're seeing tech take two steps forward, one step back.
More Quotes from Matt Ruane:
The key here is still commodities. Oil has been above 30 a barrel for what, the last 90 days. Commodity prices need to come down. Wholesale numbers yesterday were high because of energy, because of oil. It's a concern. It's a drag on the economy and the dollar.Matt Ruane
The economic news helps, but I don't know if this is more than a short-covering rally. If there was something more substantial that could sustain us for two or three days, I would be a believer, but I just don't see anything out there.
Matt Ruane
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.
Matt Ruane
The utilities are really breaking down today Tuesday. They were seen as a safe haven play and now you have people worrying about dividends being cut across the board.
Matt Ruane
It's all about the Bush plan today. Any stocks that pay dividends are doing well today, particularly telecoms and utilities. But I hope that this is not a short-term solution. A range of 300 billion to 600 billion is pretty murky. We're going to have to h
Matt Ruane
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Valor lies just halfway between rashness and cowardice.Miguel de Cervantes
I think computing power is ready to do 3D justice. It was great for shooters and racing games in the past, but I didn't think it was right for strategy games.
Sid Meier
Bush is morally a universalist. For instance, he says the freedom is good, the same thing is good, all over the world. So in that sense he's a universalist.
Peter Singer