INTEL (INTC) to be watched but more interested in seeing if it really affects the other SEMIS as the SEMIS have been leading the charge. Actualy, the SOX is way out of bounds extended so normal to pull back. Lots more jello moving on the plate…and will have a wrap up over the weekend.
We did want to make note foreign markets now lagging again, small and mid-caps now lagging again and going to watch if yesterday’s yuck in the transports continues. UPS really coughed one up.
And of course, MMM. Analysts in typical fashion say it is company specific. Not so sure. And TSLA….my goodness…that was one heck of a crummy report. And FACEBOOK (FB)…unlike everyone swooning over the stock, we make note of another deceleration in sales and a whopping 12% earnings growth…but they beat the number.
AAPL and GOOGL next…and then the real biggies are done.