The market is under pressure again this morning, although it has come well off its early lows. The main culprits were the earnings reports from Apple (AAPL) and Motorola (MOT). Both companies beat expectations, but offered guidance well below consensus, and that hit both stocks.Also, the ECB President made it clear that he is still concerned with inflation, which basically takes an ECB rate cut off the table. That hit the European stock markets in a big way. I’m not sure what this guy is smoking?Oil[...]
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[Source: The Money Blogs]
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