Texas Instruments' numbers were broadly in line with estimates, but there may have been some disappointment that they didn't raise the high end of the range.
More Quotes from Michael Sheldon:
We're likely to see a correction this year after the run we've had, as well. But the outlook for third and fourth quarter earnings has been good, and if the economic data continue to improve, we could see a slightly more narrow decline that what people have been expecting.Michael Sheldon
The key for next week is that the economic data show strong growth and only moderate inflation.
Michael Sheldon
With the Dow and Nasdaq having moved up the way they have, it's only normal to see a bit of a pullback from time to time. But you still have a lot of seasonal factors to come into play. November through January has historically been great for stocks, and I think it will be almost a self-fulfilling prophecy as investors start trickling back into the market.
Michael Sheldon
It's been a choppy few weeks. While the Dow and the SP 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs.
Michael Sheldon
It's going to be an interesting week for the markets with a slew of economic and corporate news on tap.
Michael Sheldon
Today, the markets once again pushed to new highs for the indices but the rally appears to have stalled. The likely culprit is that higher bond yields may finally be weighing on the minds of investors.
Michael Sheldon
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