The markets do a whole host of irrational stuff. With the dividend support at at 3.35% INTC is a heads you win tails you win scenario. It already thrashed earnings estimates and gave solid guidance. So if the market sells-off people hide in dividend paying stocks not sell them. and if the market rallies of the jobs reports, which I think we are totally set-up for now INTC follows just like the BOJ announcement day.
INTC is down 3% in less than 24 hours. What changed? Nothing except oil got cheaper so people will buy more products with INTC chips. You buy it here and it's above $31 by week's end no problem. It was over $31 yesterday :) Makes no sense. It's like it fell of a cliff but nothing happened.
INTC and the whole market are going to reverse this opening quickly. We have the jobs reports coming which will be fine. The fall in oil prices is a massive tax cut for consumers i.e. this stack market oil price correlation should be over now. INTC broke it's downtrend line on Friday. And the fundamentals are there to back this company up with bother earnings and dividend support. The central banks are back supporting the markets. This stock will reverse hard today, but so will the whole market. You saw a complete reversal in the Dow yesterday. It will play out the same today. There were some earnings misses, but there were also some amazing beats. Just look at Michael Kohrs today. Way too negative right now for no reason.
He'll start thinkin' bout him.
And he's ready to fight
blames his broken heart on every gay Liberal man in sighttttttt
Don't ask him on a straight tequilla niiiiight.
2FunE. Wallis stalked him, and now Ashraf has the upper hand in a BIG way. Wallisweaver contaminates everything he touches.
He called Bush out for raising the debt.....and then he turned around and doubled it. LOL! Ohhhhhh Wallisweaver, dishonesty and impotence is thy party's name.
by wallisweaver • Jul 30, 2014 1:11 PM Flag
Your posting style is what I would aspire to if I were capable of adult behavior. Oh, well
How will it feel to lose to people that you consider "crazy" ? Start pumping Bloomberg for President again. That was cute ! Your desperationis palpable.
Watch him thump his chest over MU moving from 9's to 10's.........but he won't tell you that he Pumped it as high as 31. ROFL! ROFLMAO! Ever seen a 67 year old dirtbag meltdown? It's U-G-L-Y.