The disappointment from Yahoo and Intel took a lot of technology names down and institutional people have used the overall market weakness caused by Yahoo and Intel to do some buying into other technology names.
More Quotes from Michael James:
As long as oil is trading near 70 a barrel, interest rates on the 10-year (note) are around 5 percent and gold hovers at 600 an ounce, it will be difficult for equities to make headway.Michael James
The negative pre-announcement season has been relatively light. That should bode well for the earnings season over the next two weeks. Oil prices are falling back. That's also helping ease some of the inflationary concerns.
Michael James
It's tough to make too big a judgment call on anything because of options expiration-related volatility.
Michael James
I think people coming into town would go to the south and so folks up north would not get as much business.
Michael James
The market is overbought short-term. We've had a huge move since the first of the year ... people are looking for an excuse to sell. That came in the form of Secretary Rice raising significant concerns about Iran's nuclear program.
Michael James
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Based on Topics: Computers & Technology QuotesBlack women as a group have never been fools. We couldn't afford to be.
Barbara Smith
Every natural fact is a symbol of some spiritual fact.
Ralph Waldo Emerson
If you can go through life without experiencing pain you probably haven't been born yet.
Neil Simon