I don’t like to see these big up opens in the market, but I did like the news out of IBM. The company said that results would top expectations, with earnings rising +24%. The firms said strength was driven by Asia, Europe, and Emerging Markets.This helped give a boost to the tech market, with the Nazz leading the way so far today. Ag stocks are also on fire.The market is pricing in bigger rate cuts, and this is driving the dollar lower today. I admit I was worried when I saw the Yen up, but I think today its being driven interest ra[...]
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[Source: The Money Blogs]
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