Wednesday Morning Recap: Looks Like Earnings Season Will Serve As Positive Catalyst

HedgeFundLIVE.com – Morning Notes

– Technology stocks in play and helping boost markets globally
– Intel (INTC) reported strong earnings last night, which counterbalances TXN’s weak earnings on Monday
– Other tech names that reported solid earnings include VMW, YHOO, JNPR
– Weak tech earnings plays: CREE, ISRG, IBM
– Nikkei closed up 1.8%, Hang Seng up 1.6%, Shanghai Comp up 30bps
– European markets strong as well, up over 1.5% this morning

 

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http://www.hedgefundlive.com/blog/wednesday-morning-recap-looks-like-earnings-season-will-serve-as-positive-catalyst

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