NSM (National Semiconductor chart) reports earnings above estimates and also guides higher. However, the stock is down 2% today. Good is not good enough for this market.
In a similar vein spot gold is up today, but gold stocks continue their steady decline. The commentators on Kitco seem shriller, some saying this is a must buy opportunity. When anyone says that, I walk away, but that is just me.
Schaeffers Research reports unusually high call activity in MSFT (Microsoft). Hard to imagine what is up. The origami project has already been revealed. The stock is in a tight range and it will take a lot to make it move.
Stay dry out there.
No comments:
Post a Comment