Thursday, October 25, 2007

Earnings Put The Heat On After Hours

Tuesday left a green day across the broader markets on higher volume leaving an accumulation day. The day rallied off big cap tech stocks once again, despite a sinking semiconductor sector, which did close red on the day. Crude closed down 75cents at $85.27 a barrel and gold closed up $31.0 to close at $763.10 an ounce. Earnings after the bell were less than impressive, leaving Amazon to dump $11.00. Several other big caps followed and saw some pullback after the bell. BRCM also left a mark down $5.00 after their earnings release. The marke[...]

Read More...

[Source: The Money Blogs]

No comments: