Friday, April 18, 2008

Will Ibm Continue The Upside For The Market

Wednesday brought a big rally for the market, we found the catalyst today. The broader markets all closed very green at the highs on the day and on increased volume leaving another accumulation day. Earnings were good for IBM, a lot to do with currency advantage and a tax write off and dont forget all the stock theyve bought back to help things out. EBAY also very good but saw no growth in new users so that took some air out of that report. Which leaves the after hours futures up a little but we have a full night yet to trade and an extended market. Oil closed [...]

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[Source: The Money Blogs]

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