One Trick Pony #$%$...Constant Rag Artist...Sounding Lame Minute by Minute...Meanwhile Intel is UP...again and you are as wrong as it gets...Financial Clown Keeps Biting the Dust...Go Pony Boy Go...
Miss supposedly due to Nokia acquisition.
Stock isn't doing much AH and I guess that's a good thing.
And what does that statement have to do with Intel today? Volume was 30% or so above normal today.
Many want to be in before the dividend announcement and the buyback becoming further operational.
"Low volume rallies don't mean a thing."
[They mean two things:
2.) That you've been handed your head in a basket again.
How many Intel daddies you got now, Lucy? I've lost count. ]
Looks like there is someone SELLING their Friday $34 CALLS and BUYING AUG $33 CALLS for a $1.00 DEBIT. The trading is probably being affected by the AT the money and IN THE money options. The OMM is involved and with the dividend announcement pending, there is lots of arbitraging posturing.
I have noticed that following a break-out there is usally a retrnechment followed by a real steam-roller up as the big boys finally jump in. Last will be the burned and burning shorts trying to get out. That's still to come.
Intel Corporation (INTC) was trending in a consistent channel higher from late 2012 until June 2014. It exploded higher out of the channel and is up 12.6% over the last month. This surge to a recent high of $34.74 also broke through resistance between $28 and $29.27, which has halted all advances going back to 2005. With this major long-term breakout, the longer-term outlook is positive. A target near $40 or higher isn't unreasonable. For those not in a position yet, wait for a pullback. Between $30 and $29 is ideal, but may not occur. The $32 area is another entry point, as it should also provide support based on a significant gap higher on July 16.
This may be the one time I agree with you.
Of all the good locations Intel could build a multi-billion dollar capital intensive facility Israel is not a wise choice. I don't care how well Israel's Iron Shield works it will never be 100% effective. People intensive activities like R&D and other functions that use ordinary office space and the staff can quickly move when needed does make sense, but not pricey state-of-the-art fabs.
The shorts are feeling massive pain now. Right Goldman?
They are doing their best to stop the run up to 40 because short covering is needed for them and their poor customers who were told by Goldman Intel has a target of 20.
Of course, they are getting slaughtered by momentum trading that is kicking in to programs.
Buy Intel because it is going up.
Yes--and it goes up because they are buying.
and the reason why I thought the upper gap was more likely to be filled was that on the previous high volume day there had been a tremendous amount of shorting and that a lot of that high shorting volume was going to cover in the days to come. That's why when I saw the gap the following day I thought the Shorts had been too aggressive and would be made to pay eventually.