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Intel Corporation Message Board

littlestewie88 12 posts  |  Last Activity: 15 hours ago Member since: Mar 3, 2013
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  • littlestewie88 by littlestewie88 15 hours ago Flag

    Was the Fed statement really dovish? It depends on where you look. The stock market says yes. The bond market says no as bond yields rose. One thing seems to be sure is that QE will end next month and the Fed will most likely start raising rates sometime next year. Whether that is going to be mid-year or late year probably doesn't matter, as rates are still going to be exceptionally low even after a little raise. Stock prices are likely to be depended more on the economic growth than they have been in the past several years. Technically, the major indexes spent last week working off their overbought condition and look to have more room on the upside. Outperformance by financials and selective technology stocks also bodes well for the bulls. However though, the stock market remains a narrow one. Stay selective and stay nimble.

  • littlestewie88 by littlestewie88 Sep 4, 2014 8:22 PM Flag

    Bulls are losing momentum. But for now, it is just an overbought pullback. Uptrend doesn't seem to be at risk at this point. Attention will turn to the August jobs report tomorrow. The market expects nonfarm payrolls to increase by 223,000 with the unemployment rate edging down to 6.1%. Stocks' reaction to the economic data has been rather muted recently, as investors seem to have already bet on a stronger economy and the central bank policies have outweighed the economic data. A weak jobs report could potentially be good news for the market. In the meantime, the S&P 500 has been down three days in a row. It hasn't had a losing streak longer than that in 2014. We'll see whether it can keep that track record going tomorrow.

  • littlestewie88 by littlestewie88 Sep 3, 2014 7:32 PM Flag

    For two days in a row the S&P 500 reached a new record during the day but finished lower. It suggests that the bulls are a little tired. It will take more pullback/sideways moves to work off the overbought condition. Should the ECB disappoint tomorrow, we will likely see more profit taking tomorrow.

  • littlestewie88 by littlestewie88 Aug 18, 2014 6:47 PM Flag

    As Putin sends in 1200 troops and 30 tanks into E Ukraine. I don't trust the Russians, they have lied all along.

  • littlestewie88 by littlestewie88 Aug 18, 2014 4:08 PM Flag

    was a good day to take some profits. Mkt tanked 5 percent from the high of 17,151 and has recovered almost 75 percent, S&P will hit 2K by year end but short term I doubt it. We will see a pullback in Sept as historically its a nasty month and last year Sept was not a bad month as most had expected.

  • littlestewie88 by littlestewie88 Aug 18, 2014 4:04 PM Flag

    INTC a once hated stock is now the darling of WSt. LOL

  • littlestewie88 by littlestewie88 Aug 5, 2014 2:52 PM Flag

    the high divi stocks will get hit and Intel is one of them.

  • Intel will recover parts of its losses. On the whole this is one crazy market with wall street as usual trying to succor investors.

  • littlestewie88 by littlestewie88 Aug 4, 2014 12:55 PM Flag

    like the PCLN up 41 pts today, NFLX ISRG TSLA GOOG GOOGL and many more that will be the day when money will flow into real stocks like INTC GE MSFT CSCO and the likes. Wall street knows it but keeps sucking in the succors.

  • littlestewie88 by littlestewie88 Aug 3, 2014 7:00 PM Flag

    There doesn't seem to be near term solutions to the fear which brought down stocks this week. The next significant Fed event won't take place until the annual Jackson Hole meeting in late August. Any cease-fire between Israel and Hamas so far has never lasted. Putin continues to play hardball and gets his way in spite of the sanctions. Technically, stocks are short term oversold. Another day of selling is likely to bring in short term buyers. Continue to watch support ranges. For the S&P 500, that stands in the 1900-1910 area. For the Russell 2000, support is in the 1080-1100 area. Should those support ranges be broken, it would indicate that bears have taken over control of the market. Have a nice weekend.

  • littlestewie88 by littlestewie88 Jun 24, 2014 8:17 PM Flag

    All I have heard is about the US $1.5Bln over statement which is being worked out by the accountants. Is this the reason for the dump or is there something else. Many thanks in advance.

  • littlestewie88 by littlestewie88 Jun 23, 2014 11:48 AM Flag

    Should have been going the other way and not down. Is it unwinding of the deratives on GE??? Anyone. Thnx in advance.

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